Hertz completed its plan to sell 30,000 EVs by late 2024, incurring substantial financial losses. The rental company admits ...

Hertz’s quarterly revenue also falls short of estimates, but company says its ‘transformation’ should be done by year-end.

What Happened? Shares of global car rental company Hertz (NASDAQ:HTZ) fell 12.9% in the pre-market session after the company ...

In general, resale values for used cars have fallen, but especially for EVs, resulting in higher depreciation costs for Hertz ...

Vonecia Sullivan-Hill said she took a weekend getaway last summer to Georgia. When she landed in Atlanta, she rented a car through Hertz. She said everything was fine during the trip until she ...

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 ...

Hertz said it finished selling 30,000 electric vehicles, many of which were Tesla Inc. models, as the rental giant moves on ...

Hertz Global shares fell 11% in before the opening bell after the car rental company reported a wider-than-expected quarterly loss and missed revenue estimates.

Global car rental company Hertz (NASDAQ:HTZ) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 6.6% ...

The Estero, Fla., car-rental company posted a loss of $479 million, or $1.56 a share, for the last three months of 2024, compared with a loss of $348 million, or $1.14 a share, in the same quarter a ...

Discovery Capital Management argued the rental-car company’s debt and equity deals amounted to a payment-triggering ...