CVG airport plans $30 million project, second phase of its car rental facilities overhaul
Cincinnati/Northern Kentucky International Airport has begun planning the second, $30 million phase of the overhaul of its ...
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 (NASDAQ:HTZ) Reports Sales Below Analyst Estimates In Q4 Earnings, Stock Drops
Global car rental company Hertz (NASDAQ:HTZ) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 6.6% ...
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 ...
Hertz is done selling EVs, but moving on may be harder after $2.9 billion loss
Hertz’s quarterly revenue also falls short of estimates, but company says its ‘transformation’ should be done by year-end.
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 reports disappointing results, makes strides on its operational transformation
In general, resale values for used cars have fallen, but especially for EVs, resulting in higher depreciation costs for Hertz.
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 ...