The majority of the U.S. rental car market is controlled by just three companies. Keep that in mind the next time you feel ...
The White House praised Hertz, one of the four largest car rental companies in the world, for its efforts to "substantially increase" electric vehicle (EV) rentals months before the company announced ...
Hertz surprised many with a 2021 announcement of a 100,000 unit order from Tesla. Electric vehicles appear to be part of the company's growth playbook. Get access to the leaderboards pointing to ...
Hertz purchased 100,000 Teslas in 2021 and has since course-corrected after taking half a billion dollars in write-downs and ...
Hertz stock value tumbled some fifteen percent Thursday morning, following the company's third quarter reporting, showing missed earnings estimates largely due to Tesla's recent price cuts. Hertz has ...
In a regulatory filing released Thursday, Hertz announced plans to sell a third of its electric vehicles globally, totaling about 20,000. This decision breaks from the car rental giant’s initial goal ...
Shares of Hertz plummeted Tuesday morning following the company reporting disappointing first-quarter earnings and fleet cuts amid slower bookings and tariffs. Hertz shares were off more than 20% ...
Hertz’s big bet on Tesla has turned into a drain on the company’s coffers, with some placing the blame on Hertz’s failure to install enough charging stations. This all comes on the heels of a ...
Car Rental Service Hertz Global Holdings Inc HTZ reflected on Tesla’s impact on its business during the company’s third-quarter earnings call this week. What Happened: Electric vehicles bear a higher ...
ATLANTA - There is a $168 million settlement announcement from the Hertz rental car companies. The Fox 5 I-Team first told you about Georgia customers who complained they were falsely arrested for ...
The car rental company Hertz agreed in court on Monday to pay out $168 million to customers it had falsely accused of theft over the course of the past several years. The settlement covers multiple ...