Focus

Hertz

Companies

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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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Hertz CEO to Step Down Following Failed Bet on Electric Vehicles

Mar 18

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Companies

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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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Hertz Unloads One-Third of Its EV Fleet, Citing Low Demand, High Repair Costs

Jan 11

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Companies

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Hertz Has Fewer Teslas in Its Fleet Than Planned

Feb 08, 2023

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Hertz Has Fewer Teslas in Its Fleet Than Planned

Feb 08

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US News

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US Agency Investigating If Hertz Rented Unrepaired Recalled Vehicles

Dec 21, 2022

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US Agency Investigating If Hertz Rented Unrepaired Recalled Vehicles

Dec 21

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Companies

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Hertz to Pay $168 Million in Settlements Over False Robbery Claims, Which Led to Jailing of Customers

Dec 06, 2022

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Hertz to Pay $168 Million in Settlements Over False Robbery Claims, Which Led to Jailing of Customers

Dec 06

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Companies

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GM, Hertz Make Deal to Deploy up to 175,000 EVs

Sep 20, 2022

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GM, Hertz Make Deal to Deploy up to 175,000 EVs

Sep 20

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Economy

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Hertz to Buy up to 65,000 Electric Vehicles From Polestar

Apr 05, 2022

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Hertz to Buy up to 65,000 Electric Vehicles From Polestar

Apr 05

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Companies

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Hertz Wheels In Ex-Goldman Sachs CFO as Top Boss, Shares Jump

Feb 04, 2022

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Hertz Wheels In Ex-Goldman Sachs CFO as Top Boss, Shares Jump

Feb 04

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Business & Markets News

Business & Markets News

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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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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

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Companies

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Musk Says Tesla Has Not Signed a Contract With Hertz Yet, Halts Stock Rally

Nov 02, 2021

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Musk Says Tesla Has Not Signed a Contract With Hertz Yet, Halts Stock Rally

Nov 02

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Companies

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Uber Partners With Hertz to Offer 50,000 Tesla Rentals to US Ride-Hail Drivers

Oct 27, 2021

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Uber Partners With Hertz to Offer 50,000 Tesla Rentals to US Ride-Hail Drivers

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

Tesla’s Market Value Tops $1 Trillion After Hertz Orders 100,000 Cars

Oct 26

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Companies

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Tesla Drives Toward $1 Trillion Club on Record Hertz Order

Oct 25, 2021

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Oct 25

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Companies

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Hertz Orders 100,000 Tesla Cars for End of 2022

Oct 25, 2021

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Hertz Orders 100,000 Tesla Cars for End of 2022

Oct 25

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Business Matters

Business Matters

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NTD Business Full Broadcast (Oct. 18)

Oct 18, 2021

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NTD Business Full Broadcast (Oct. 18)

Oct 18

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Companies

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Hertz Tabs Former Ford Chief Executive Mark Fields as Interim CEO

Oct 06, 2021

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Hertz Tabs Former Ford Chief Executive Mark Fields as Interim CEO

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

Hertz Eyes Bankruptcy Exit Through $4.2 Billion Stake Sale

Mar 03

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Companies

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US SEC Has Problems With Car Rental Firm Hertz Selling New Shares: CNBC

Jun 17, 2020

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US SEC Has Problems With Car Rental Firm Hertz Selling New Shares: CNBC

Jun 17

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US News

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Bankrupt Car Rental Firm Hertz to Offer Up to $1 Billion in Shares

Jun 12, 2020

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Bankrupt Car Rental Firm Hertz to Offer Up to $1 Billion in Shares

Jun 12

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Investment

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Carl Icahn Lost $2 Billion Betting on Hertz

May 28, 2020

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Carl Icahn Lost $2 Billion Betting on Hertz

May 28

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