Rental car giant Hertz has announced higher than expected losses of more than $AU2 billion which the company says is largely due to its failed electric vehicle ...
Hertz says that it will continue to sell Tesla vehicles and other EVs in masse through 2025 as it is hit by massive depreciation. In 2021, Hertz made a major move to electrify its fleet, ordering ...
Hertz Global Holdings Inc. tumbled after the company reported a worse-than-expected loss stemming from the rental-car company’s failed bet on electric vehicles and heavy depreciation costs that ...
Global car rental company Hertz (NASDAQ:HTZ) fell short of the market’s revenue expectations in Q3 CY2024, with sales falling 4.7% year on year to $2.58 billion. Its non-GAAP loss of $0.68 per ...