Hertz Lost $2.9 Billion After EV Gamble Didn't Pay Off
Happy Valentine’s Day! It’s Friday, February 14, 2025, and this is The Morning Shift, your daily roundup of the top ...
Why Hertz Global Stock Is Down Today
Rental car giant Hertz Global Holdings (NASDAQ: HTZ) posted fourth-quarter results that fell short of estimates. Investors ...
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Woman says Hertz sent her to collections over rental car she turned in on time
Vonecia Sullivan-Hill said she took a weekend getaway last summer to Georgia. When she landed in Atlanta, she rented a car ...
Hertz reports disappointing results, makes progress on its operational transformation
In general, resale values for used cars have fallen, but especially for EVs, resulting in higher depreciation costs for Hertz ...
After Selling 30,000 EVS, Hertz Is Now Chasing Fleet Rotation To Reduce Losses
Car rental firm Hertz Technologies CEO Wayne West said on Thursday that it has removed 30,000 EVs from its fleet as planned ...
Hertz Sells Off 30,000 EVs But Still Faces $2.9B Loss In 2024
Despite those sales, Hertz says it has a GAAP net loss of $479 million in the fourth quarter. What’s even more shocking about ...
Arizona woman sent to collections over rental car she turned in on time
PHOENIX (AZFamily) — Last summer, Vonecia Sullivan-Hill took a weekend getaway to Georgia. When she landed in Atlanta, she ...
Hertz Stock Slides After Quarterly Results Miss Estimates
Hertz Global Holdings shares dropped 9.7% after the company logged a wider loss in the fourth quarter amid declining revenue and an overhaul of its rental-car fleet. The Estero, Fla., car-rental ...
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How the Vehicle Remarketing Chain Moves Faster
A new generation of technology now empowers vehicle remarketers to acquire and move vehicles further upstream.
Hertz price target lowered to $3 from $3.85 at Deutsche Bank
Deutsche Bank lowered the firm’s price target on Hertz (HTZ) to $3 from $3.85 and keeps a Hold rating on the shares. The firm says investors ...