Hertz to Sell 20K EVs from U.S. Fleet, Replace with Gas-Powered Cars

[ad_1] After leading the car rental industry with purchases of electric vehicles, and partnerships to develop charging stations, Hertz has decided to sell about 20,000 EVs from its U.S. fleet…

Opinion: Electric vehicle production mandates, like Canada’s, are so wrong on so many levels and could backfire

[ad_1] Open this photo in gallery: The LG electric vehicle charger capable of charging Tesla and non-Tesla vehicles on display at the Consumer Electronics Show in Las Vegas, Nev. on…

Hertz is selling Teslas for as little as $21,000, as it offloads the pricey EVs from its rental fleet

[ad_1] Tesla fans may soon be able to snap up one of the company’s famously pricey cars for roughly 39% off from Hertz.  The rental car company has listed 607…

Car rental giant Hertz dumps EVs in U.S. in favour of gasoline engines | CBC News

[ad_1] Rental firm Hertz Global Holdings said on Thursday it would sell about 20,000 electric vehicles, including Teslas, from its U.S. fleet due to higher expenses related to collision and damage, and will…

Hertz sells off 20,000 electric cars as drivers stick with petrol

[ad_1] US rental giant Hertz is selling off thousands of Teslas as weak demand forces it to replace 20,000 electric cars with petrol-powered vehicles. Hertz said it would sell the…

After Big Tesla Bet, Hertz Selling One-Third of EV Fleet

[ad_1] Updated Jan. 11, 2024 10:59 am ET Hertz is selling about a third of its global electric vehicle fleet, citing weaker demand for its electrified rentals. The car-rental company…

Hertz and Carvana: what their diverging fortunes tell us

[ad_1] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The chaotic used-car market of the pandemic was no…

Hertz pulls back on EV plans citing Tesla price cuts, high repair costs

[ad_1] Hertz is pumping the brakes on plans to electrify more of its rental car fleet after EV repair costs came in higher than the company anticipated, and after Tesla…

Hertz: Q3 Corp. Volume, Revenue Up

[ad_1] Though lacking in specifics, Hertz CEO Stephen Scherr said during a Thursday earnings call that corporate volume and revenue continued to grow in the third quarter.  Scherr also noted…

Hertz appoints Keppy as chief operating officer

[ad_1] Justin Keppy Hertz has appointed Justin Keppy as its new executive vice president and chief operating officer to manage the day-to-day running of the car rental firm’s global operations.…