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 of the EVs it...
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.
Hertz continues EV purge, asks renters if they want to buy instead …
Dec 27, 2024 · Hertz continues EV purge, asks renters if they want to buy instead of return Get a used Chevy Bolt for a bit over $18,000 or a 2023 Tesla Model 3 for a bit less.
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 vehicles for rent,...
Hertz CEO Stephen Scherr resigns after EV push goes bust - Fox Business
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 financial results at 8:00 a.m. ET on Thursday, February 13, 2025, …
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 collision and damage, and...
Hertz swaps out its CEO as it looks to revitalize business after …
Hertz Global Holdings Inc.’s chief executive is leaving after just over two years, to be replaced by a Delta Airlines Inc. and General Motors Co. veteran. Stephen Scherr, a retired Goldman Sachs...
Hertz misses estimates as losses mount from failed Tesla bet
Nov 12, 2024 · Hertz Global Holdings Inc. reported a worse-than-expected loss as the rental-car company continued to unwind a failed bet on electric vehicles that has pummeled earnings and the value of the cars...