Hertz In A Hole After EV Gamble, Will Sell 30,000 EVs By Year’s End
Rental company lost $1.3 billion in Q3 and took a $1 billion impairment charge due in large part to the heavy depreciation ...
Car rental giant Hertz posts $2 billion loss after EV strategy fails
Global car rental giant Hertz has posted a $US1.3 billion ($2 billion) loss for the third quarter of 2024, which the company ...
Drive3d
Hertz loses $2 billion, largely because of electric cars
In announcing its third-quarter (July-September) 2024 results to shareholders, Hertz reported a loss of $US1.3 billion ($AU2 ...
Marketplace5d
Hertz earnings hit by wariness over EVs
Hertz reported some rough earnings Tuesday ... And every time, she has a choice: rent an electric vehicle or gas? “I choose ...
Estero-based Hertz reports wider-than-expected loss for Q3
After disappointing results in the third quarter, Hertz CEO Gil West acknowledged there's more work to do, but he believes ...
Hertz misses estimates as losses mount from failed Tesla bet
Hertz Global Holdings Inc. reported a worse-than-expected loss as the rental-car company continued to unwind a failed bet on ...
Hertz Apologizes for $10,000 Charge on “Unlimited” Mileage Rental
The disagreement occurred at a Hertz franchise, where the customer expected “unlimited” mileage to mean no restrictions on ...
autoevolution13d
Hertz Is Back With a Bang: You Can Rent a Super-Rare 1966 Shelby GT350
Hertz offers a super-rare 1966 Shelby GT350 for rent. The car is as original as can be except for the paint and the H missing ...
Hertz stock slides on Q3 loss, weighed down by EV push
Hertz Global Holdings (HTZ) shares are under pressure after the company's third quarter results fell short of estimates. The ...
Business Insider4d
Hertz's failed Tesla bet keeps getting worse as weak earnings challenge its stock
The earnings report highlighted the car-rental giant's inability ... That's since changed. Hertz has since decided on downsizing its EV fleet by 30,000 vehicles, having discovered that these ...