Hertz Lost $2.9 Billion After EV Gamble Didn't Pay Off
Happy Valentine’s Day! It’s Friday, February 14, 2025, and this is The Morning Shift, your daily roundup of the top ...
Why Hertz Global Stock Is Down Today
Rental car giant Hertz Global Holdings (NASDAQ: HTZ) posted fourth-quarter results that fell short of estimates. Investors ...
Hertz reports disappointing results, makes strides on its operational transformation
In general, resale values for used cars have fallen, but especially for EVs, resulting in higher depreciation costs for Hertz.
Woman says Hertz sent her to collections over rental car she turned in on time
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 wins dismissal of lawsuit in Delaware over warrants
Hertz Global Holdings on Friday won the dismissal of a lawsuit claiming that the rental car company was required to redeem ...
Hertz Stock Slides After Quarterly Results Miss Estimates
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 Shares Slide After 4Q Results Miss Estimates
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 ...