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Hertz Global eyes worst day on record as EV rental business falters
Reuters via AOL· 4 days agoShares of Hertz Global slumped 24% and were on track for their sharpest one-day percentage fall on...
Hertz Stock Sinks on Earnings. Its Fleet of Tesla EVs Is the Big Issue.
Barrons.com· 4 days agoHertz stock sank Thursday after the rental car company reported a steeper-than-expected loss. A year...
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Hertz Global...
WFRV 5 Green Bay· 15 hours agoPomerantz LLP is investigating claims on behalf of investors of Hertz Global Holdings, Inc. ("Hertz" or the "Company") (NASDAQ: HTZ). Such investors are ...
Hertz to Offload 30K EVs This Year, Deepens Cuts Amid Mounting Fleet Losses - EconoTimes
EconoTimes· 3 days agoIn a recent financial revelation, Hertz disclosed continued losses from its electric vehicle (EV)...
Estero-based Hertz will sell off more EVs as it looks to reduce costs and right-size fleet
The News-Press· 3 days agoHertz has upsized its sale of electric vehicles, as it looks to improve its financial performance....
You can get a crazy good deal on a used Tesla from Hertz right now — but know these risks
Business Insider via Yahoo News· 4 days agoHigh-mileage EVs, like these for sale from Hertz, can be a red flag.Hertz; Neil Godwin/T3...
Hertz To Sell Off Even More EVs As Depreciation Losses Mount
InsideEVs· 3 days agoUnfortunately, a complicated confluence of events—including rapid-fire EV price cuts in 2023 that...
Hertz loses another $200 million from its EVs
Yahoo Finance· 3 days agoIn its first quarter earnings report, Hertz said it “upsized” its prior EV fleet drawdown plans by an additional 10,000 EVs, which led to the company...
Hertz Reports $392 Million Loss as It Unwinds Tesla Fleet Burden
Bloomberg· 4 days agoHave a confidential tip for our reporters? Hertz Global Holdings Inc. reported a loss that was...
HERTZ REPORTS FIRST QUARTER 2024 RESULTS
Morningstar· 4 days ago"Fleet and direct operating costs weighed on this quarter's performance," said Gil West, Hertz chief executive officer. "We're tackling both issues - getting to the right ...