AutoGuide on MSN23h
Electric Vehicles Are Bankrupting Hertz
Hertz’s ambitious push into electric vehicles is destroying its financial performance.The company just reported an absurd ...
Hertz staff abandoned post at Syracuse airport, so people just took random cars (report)
Passengers wait in long lines at Syracuse's Hancock International Airport on Friday morning, July 19. 2024 after a technology ...
MotorTrend on MSN2d
Abandonment Hertz: Customers Met By Empty Rental Desk Simply Abscond With Cars
According to a CBS News report (via CarBuzz ), things turned chaotic at the New York Hertz location when employees clocked ...
Estero-based Hertz reports wider-than-expected loss for Q3
After disappointing results in the third quarter, Hertz CEO Gil West acknowledged there's more work to do, but he believes ...
Hertz posts wider-than-expected loss due to high depreciation costs
Earlier this year, the company said it would slim down its vehicle inventory, with a sale of about 30,000 electric vehicles ...
Hertz Customers Take Matters Into Own Hands After Workers Ditch Airport Counter
When employees walked out hours before their shifts ended, stranded travelers (including Denver's mayor) jumped into random ...
Hertz Selling Its Exclusive 900HP Mustang GT500 Rentals
While buying a used Mustang rental may not be the wisest move for your wallet, the rules change when it comes to ...
The Courier-Mail1d
Car rental giant Hertz posts $2 billion loss after EV strategy fails
“The size of the impairment was largely driven by the gap between book values and the current market value of vehicles,” ...
Investopedia on MSN4d
Hertz Results Hit by $1B Impairment Charge
Hertz Global Holdings reported a wider-than-expected third-quarter loss Tuesday. The company reported a non-cash asset ...
The Enemy of Average on MSN1d
Hertz Is Paying High Price for Its Electric Dreams
The automotive world is, at times, like a Wild West. It is full of innovation, excitement, and the occasional misstep. Take ...