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Hertz Has a Loss on Its EV Fleet. Blame Tesla Pricing Decisions.

Por: MarketWatch Business January 11, 2024

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Rental car companies buy and sell cars all the time. That generates some profits and losses depending on the sale price compared with the carrying value of the cars on the company books. The problem for Hertz is that used battery electric vehicle, or BEV, prices are lower. The main reason used BEV prices are lower is . The electric vehicle pioneer on its cars by roughly $12,000 each in 2023. was concerned about selling more cars amid rising... + full article



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