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Aaron Pan
Hertz CEO to Step Down Following Failed Bet on Electric Vehicles
Hertz took a $245 million charge from offloading the EVs and posted a bigger-than-expected loss of $348 million in the fourth quarter.
Mar 18, 2024
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Aaron Pan
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Mar 18
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Kevin Stocklin
Hertz Unloads One-Third of Its EV Fleet, Citing Low Demand, High Repair Costs
The move will ‘eliminate a disproportionate number of lower margin rentals and reduce damage expense associated with EVs,’ Hertz stated.
Jan 11, 2024
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Kevin Stocklin
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Jan 11
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Companies
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Reuters
Hertz Has Fewer Teslas in Its Fleet Than Planned
Feb 08, 2023
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Reuters
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Feb 08
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US News
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Reuters
US Agency Investigating If Hertz Rented Unrepaired Recalled Vehicles
Dec 21, 2022
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Reuters
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Dec 21
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Companies
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Bryan Jung
Hertz to Pay $168 Million in Settlements Over False Robbery Claims, Which Led to Jailing of Customers
Dec 06, 2022
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Bryan Jung
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Dec 06
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Companies
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Reuters
GM, Hertz Make Deal to Deploy up to 175,000 EVs
Sep 20, 2022
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Reuters
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Sep 20
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Economy
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Reuters
Hertz to Buy up to 65,000 Electric Vehicles From Polestar
Apr 05, 2022
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Reuters
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Apr 05
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Companies
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Reuters
Hertz Wheels In Ex-Goldman Sachs CFO as Top Boss, Shares Jump
Feb 04, 2022
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Reuters
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Feb 04
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Markets News
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Benzinga
EV Week in Review: Tesla Prevails Despite Hertz Deal Haziness, Nio Investors Take Setback in Their Stride, Volkswagen’s Diess Calls for ‘Revolution’ to Take on Competition
Nov 07, 2021
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Benzinga
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Nov 07
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Companies
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Reuters
Musk Says Tesla Has Not Signed a Contract With Hertz Yet, Halts Stock Rally
Nov 02, 2021
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Reuters
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Nov 02
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Companies
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Reuters
Uber Partners With Hertz to Offer 50,000 Tesla Rentals to US Ride-Hail Drivers
Oct 27, 2021
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Reuters
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Oct 27
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Companies
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The Associated Press
Tesla’s Market Value Tops $1 Trillion After Hertz Orders 100,000 Cars
Oct 26, 2021
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The Associated Press
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Oct 26
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Companies
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Reuters
Tesla Drives Toward $1 Trillion Club on Record Hertz Order
Oct 25, 2021
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Reuters
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Oct 25
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Companies
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Reuters
Hertz Orders 100,000 Tesla Cars for End of 2022
Oct 25, 2021
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Reuters
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Oct 25
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Business Matters
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NTD Television
NTD Business Full Broadcast (Oct. 18)
Oct 18, 2021
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NTD Television
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Oct 18
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Companies
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Reuters
Hertz Tabs Former Ford Chief Executive Mark Fields as Interim CEO
Oct 06, 2021
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Reuters
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Oct 06
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Companies
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The Associated Press
Hertz Eyes Bankruptcy Exit Through $4.2 Billion Stake Sale
Mar 03, 2021
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The Associated Press
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Mar 03
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Companies
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Reuters
US SEC Has Problems With Car Rental Firm Hertz Selling New Shares: CNBC
Jun 17, 2020
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Reuters
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Jun 17
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US News
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Reuters
Bankrupt Car Rental Firm Hertz to Offer Up to $1 Billion in Shares
Jun 12, 2020
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Reuters
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Jun 12
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Investment
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Wire Service
Carl Icahn Lost $2 Billion Betting on Hertz
May 28, 2020
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Wire Service
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May 28
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