If you want an EV and you like a good deal, Hertz has you covered with its fleet of depreciated Teslas and Chevrolets but ...

Now, with less than two months to finish the year, prices are reaching new lows. Up high on the sales page of the car rental ...

Hertz EV depreciation has increased by 89%, reaching $537 per car, per month The car rental agency is committed to selling ...

Barclays analyst Dan Levy maintained a Sell rating on Hertz Global (HTZ – Research Report) today and set a price target of $3.00. The company’s ...

Hertz’s ambitious push into electric vehicles is destroying its financial performance.The company just reported an absurd ...

In announcing its third-quarter (July-September) 2024 results to shareholders, Hertz reported a loss of $US1.3 billion ($AU2 ...

Rental company lost $1.3 billion in Q3 and took a $1 billion impairment charge due in large part to the heavy depreciation suffered by its electric car fleet ...

The goal? Sell off at least 30,000 EVs—which include cars from Tesla and other brands like Polestar—by the end of the year. Ultimately, Hertz wants to retain only enough vehicles to satisfy ...

Global car rental giant Hertz has posted a $US1.3 billion ($2 billion) loss for the third quarter of 2024, which the company ...

Hertz’s woes are deeply tied to its decision to purchase hundreds of thousands of Tesla EVs—including 100,000 Model 3s and a follow-up order of Model Ys. Hertz also stocks the Polestar 2 in it ...