Happy Valentine’s Day! It’s Friday, February 14, 2025, and this is The Morning Shift, your daily roundup of the top ...
Hertz completed its plan to sell 30,000 EVs by late 2024, incurring substantial financial losses. The rental company admits ...
Car rental firm Hertz Technologies CEO Wayne West said on Thursday that it has removed 30,000 EVs from its fleet as planned ...
Hertz’s quarterly revenue also falls short of estimates, but company says its ‘transformation’ should be done by year-end.
In general, resale values for used cars have fallen, but especially for EVs, resulting in higher depreciation costs for Hertz.
Hertz Global Holdings, Inc. (NASDAQ:HTZWW – Get Free Report)’s stock price traded up 3.7% on Friday . The stock traded as high as $2.29 and last traded at $2.25. 312,080 shares changed hands during ...
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 ...
Rental car giant Hertz Global Holdings ( HTZ -8.45%) posted fourth-quarter results that fell short of estimates. Investors are looking for the exit ramp, sending Hertz shares down as much as 14% for ...
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 ...
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 ...
Discover Hertz's Q4 2024 earnings call insights. Learn about fleet upgrades, cost targets, and growth in retail sales channels amid strategic changes.