All posts tagged "Hertz"
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915NewsHertz continues to get thrashed by EVs, updates plans for massive fire sale
Hertz revealed during its Q3 Earnings Call on Tuesday that it is continuing to get thrashed by the massive electric vehicle purchase...
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1.9KNewsHertz reveals aggressive Tesla EV sales plan after lackluster quarter
Hertz revealed an even more aggressive plan to sell its inventory of Tesla electric vehicles after another lackluster quarter was caused by...
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1.9KNews
Hertz fire sale brings Teslas and other EVs to around $25,000
Rental car company Hertz continues to sell off its electric vehicles (EVs) after announcing a major shift away from its initial electrification...
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5.2KInvestor's CornerHertz continues to feel EV losses, plans to dump more from its fleet
Hertz (NASDAQ: HTZ) reported its earnings for the first quarter of 2024 today, announcing that it is continuing to lose money on...
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4.9KNewsHertz CEO steps down following Tesla and EV debacle costs company big
Hertz CEO Stephen Scherr has decided to step down following the rental firm’s big bet on Tesla and other EVs went awry,...
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1.1KNewsHertz is pausing purchases from Polestar as it shifts away from EVs
Rental car company Hertz recently announced plans to slow down its electrification strategy by selling off some electric vehicles (EVs), and now...
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9.8KNews
Hertz announces ‘strategic decision’ to slash EV fleet
Hertz announced on Thursday in a regulatory filing with the SEC that it has made a “strategic decision” to slash its electric...
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11.9KNews
Hertz now selling former Tesla rentals at bargain prices
Hertz is selling off some of its Tesla models that were formerly rentals, and the vehicles are currently available at some pretty...
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14.5KNewsFormer Ford CEO says the tough part of the EV story is coming
Former Ford CEO Mark Fields believes the toughest part of the electric vehicle story is coming. Fields is currently the CEO of...
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9.0KInvestor's Corner
Tesla price cuts hinder Hertz earnings as it misses profit estimates
Tesla’s price cuts throughout the third quarter provided challenges for rental company Hertz (NASDAQ: HTZ), who adopted the electric automaker’s vehicles in...
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7.9KNewsAll Tesla rentals from Hertz now allow mobile app access
Tesla began a major partnership with rental car company Hertz in 2021, and now you can find the Model 3 and Model...
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18.5KInvestor's Corner
Hertz reports earnings beat with updates on EV fleet
Hertz (NASDAQ: HTZ) reported an earnings beat today that its electric vehicle (EV) fleet adoption and expansion partially contributed to. The rental...
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7.9KInvestor's Corner
Hertz doubles down on electrification following record earnings, stock surges 7%
Hertz (NASDAQ: HTZ) has announced that it will continue rapidly electrifying its fleet of rental vehicles following its record earnings report for...
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6.6KNewsHertz launches ‘electrified’ fleet push in Denver [Updated]
Update: 1:38 pm EST 1/24: First sentence updated for accuracy. Following enormous investments into electric vehicles, Hertz plans to add 5,200 electric...
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8.7KNews
Hertz massively expands Uber EV partnership with 25,000 more vehicles
Hertz has massively expanded the number of EVs available to Uber drivers in Europe to help both organizations achieve their respective climate...
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13.5KNews
Uber reports success with Tesla rental program after 1 year
Uber kicked off its Tesla rental program with Hertz roughly one year ago, and the company has published a report on its...
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44.4KInvestor's CornerBYD and SIXT enter agreement for 100,000 EV rental fleet in Europe
BYD has entered an agreement with international vehicle rental company SIXT for a 100,000 electric vehicle rental fleet that will operate in...
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18.5KNewsUber CEO sets deadline for drivers to move away from gas cars
Uber CEO Dara Khosrowshahi stated that he doesn’t want Uber drivers to use gas vehicles past 2030. According to an interview conducted...
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9.2KNewsHertz partners with BP to place EV chargers
Hertz has partnered with BP to place EV chargers at existing Hertz locations nationally. Hertz announced today that it had entered a...
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8.7KNewsHertz announces 175,000 electric vehicle deal with GM to expand rental fleet
Hertz announced that it would purchase 175,000 electric vehicles from General Motors over the next five years across the Detroit-automotive company’s various...
