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Hertz Is Selling Off More Electric Vehicles after Major Losses
Autoweek via Yahoo Finance· 4 days agoThe rental giant is rushing to unload more of its electric cars, after taking substantial hits in...
Estero-based Hertz will sell off more EVs as it looks to reduce costs and right-size fleet
The News-Press· 7 days agoHertz has upsized its sale of electric vehicles, as it looks to improve its financial performance....
Hertz is ditching even more electric cars
Quartz· 7 days agoHertz is ditching more of its fleet of electric vehicles, which it says are unreliable and more expensive than gas-guzzlers, as it reports ...
Hertz To Sell Off Even More EVs As Depreciation Losses Mount
InsideEVs· 7 days agoUnfortunately, a complicated...in 2023 that led to massive depreciation and higher repair costs—have...
EV prices fall as Hertz reduces fleet - but charging concerns remain
dpa international via Yahoo News· 3 days agoPlanning on buying a hybrid or electric car? The good news is that not only have manufacturers such...
Hertz says it lost another $195M from EV bet
Fox Business via AOL· 7 days agoHertz Global reported higher-than-expected quarterly losses on Thursday, which sent shares down by more than 24%. The company's total losses were $588...
Sky-High Depreciation And Massive Repair Bills Force Hertz To Sell 30,000 EVs
Jalopnik via Yahoo Finance· 2 days agoGood morning! It’s Wednesday, May 1, 2024, and this is The Morning Shift, your daily roundup of the...
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Hertz Global...
Morningstar· 5 days agoNEW YORK, April 28, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Hertz Global Holdings, Inc. ("Hertz" or the "Company ...
Hertz's stock is having an awful week, and BofA adds to investors' misery
Morningstar· 7 days agoThe lowlight of the decline was Thursday's 19.3% tumble after the company reported a much wider-than-expected quarterly loss. BofA analyst John Babcock downgraded the stock to underperform from ...
How interest in electric vehicles has stalled over 3 years, in one chart
Morningstar· 3 days agoThe promised American switch to electric vehicles from gas-engine cars is hitting speed bumps, and a new survey offers fresh indications of that slowdown ...