Hertz CEO out following electric car ‘horror show’ - CNN
Mar 18, 2024 · Trouble and turmoil continue at rental car company Hertz. The company, which announced in January it was selling 20,000 of the electric vehicles in its fleet, or about a third …
Hertz Struggles with $1 Billion EV Losses and Delayed Recovery
Hertz's ambitious pivot to electric vehicles, initially hyped as a game-changer, is now a $1 billion headache. The fallout is realused EV values are tanking, repair costs are climbing, and a...
Hertz Global Holdings, Inc. (HTZ) Latest Stock News
Get the latest Hertz Global Holdings, Inc. (HTZ) stock news and headlines to help you in your trading and investing decisions.
Rental giant Hertz dumps EVs, including Teslas, for gas cars
Jan 11, 2024 · Rental firm Hertz Global Holdings is selling about 20,000 electric vehicles, including Teslas, from its U.S. fleet about two years after a deal with the automaker to offer its …
XCharge and Hertz Collaborate to Upgrade EV Charging …
5 days ago · XCharge has completed charging station construction at Hertz’s rental sites in three major East Coast airports and has secured a pipeline of future projects at additional Hertz …
Hertz CEO Stephen Scherr resigns after EV push goes bust
Mar 17, 2024 · Stephen Scherr will step down as Hertz Global Holdings Inc.’s chief executive officer and member of the company’s Board of Directors effective March 31, the company …
Press Releases | Hertz Global Holdings, Inc.
ESTERO, Fla. , Jan. 2, 2025 /PRNewswire/ -- Hertz Global Holdings, Inc. (NASDAQ: HTZ) (the "Company") announced today that it plans to report its fourth quarter and full year 2024 …
Car rental giant Hertz dumps EVs in U.S. in favour of gasoline …
Jan 11, 2024 · Rental firm Hertz Global Holdings said on Thursday it would sell about 20,000 electric vehicles, including Teslas, from its U.S. fleet due to higher expenses related to …
Hertz makes 'agile' decision to shift strategy and sell EVs, Teslas
Jan 14, 2024 · Hertz surprised many onlookers last week when the car-rental company announced it would be selling about a third of its global electric vehicle fleet, reversing course …
Hertz booked a $1 billion charge as the value of its cars dropped
Nov 12, 2024 · Shares of Hertz Global Holdings Inc. were set to snap a long winning streak, after the rental-car company reported yet another wider-than-expected quarterly loss and booked a …