Por: MarketWatch Business January 11, 2024
The move is aimed at better balancing supply and expected demand for EVs, allowing the car-rental company to scrap a disproportionate number of lower-margin rentals and reduce damage expense associated with EVs. Collision and damages costs for EVs remained high in the fourth quarter, Hertz said The charge is on top of the depreciation costs it expects to record in the quarter in the ordinary course of managing its fleet. The news is the latest... + full article
New York Post USA Tech January 12, 2024
Rental giant Hertz on Thursday said it will sell off about 20,000 electric vehicles from its fleet and buy more gas-powered cars – a stunning reversal after tapping NFL legend Tom Brady to tout its transition to EVs. The company said the high costs to repair electric vehicles... + más
Hertz is buying up to 175,000 electric vehicles from GM | CNN
Hertz is teaming up with oil giant BP to install thousands of EV chargers in the U.S. | CNBC
The Advocate USA Entertainment December 31, 2023
Q: My wife and I rented a car from Hertz in Arizona for a couple of days with our kids. The rental went fairly seamlessly, and we didn't notice any damage to the car when picking it up. The representative did not give us anything to document damage, which was sort of... + más
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MarketWatch USA Business March 04, 2023
One way to play Hertz is to buy two warrants instead of one share of the stock. The warrants should deliver most of the gains in the stock. On Friday, the stock rose 42 cents and the warrants were up 33 cents. It doesn’t pay to exercise the warrants now because their intrinsic... + más
Forbes USA Business January 27, 2023
Summary Bankruptcy seemed almost impossible for most large publicly-traded companies in 2020 and 2021 as unprecedented easy money policies kept liquidity pouring in. Even the likes of cruise operator Carnival Corp. (CCL) and hydrocarbon exploration company Occidental Petroleum... + más
CNBC USA Business September 27, 2022
In this articleTesla Model 3 electric vehicles at a Hertz neighborhood location.Hertz is teaming up with oil giant to build a new network of electric vehicle charging stations throughout the United States.The rental car giant — which in the last year has announced deals to... + más
Hertz, BP teaming up to build electric vehicle charging network | Fox Business
Fox Business USA Tech September 27, 2022
Qualcomm CEO Cristiano Amon announces on 'The Claman Countdown' a deal with Mercedes-Benz to power vehicles with Snapdragon digital chassis solutions. Shares of Hertz jumped Tuesday on news the second-largest U.S. rental car company is teaming up with oil and natural... + más
CNN USA Business September 22, 2022
CNN Business — Hertz has agreed to purchase up to 175,000 electric vehicles from General Motors over the next five years. This follows earlier announcements that Hertz would buy and another spin-off brand Polestar. Hertz plans to purchase vehicles from all four of GM’s... + más
Hertz to order up to 175K GM electric vehicles over 5 years | ABC News
Hertz to order up to 175K GM electric vehicles over 5 years | Associated Press
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