Some customers are complaining that rental car agencies like Hertz are using new AI vehicle scanning technology to charge ...
The changes the rental company and its partner BP PLC are contemplating could change how Americans experience electric vehicles. Hertz Corp., which is buying hundreds of thousands of electric vehicles ...
Hertz is betting big on electric vehicles. It's buying 100,000 Teslas, the largest-ever order by a single buyer. The purchase also represents the biggest move into EVs by a rental car company, by far.
Citing a low return on investment, Hertz will close all its car-sharing service operations in the United States by September, though it will continue the service in some international markets, a ...
Hertz Global Holdings Inc., barely four months out of bankruptcy, placed an order for 100,000 Teslas in the first step of an ambitious plan to electrify its rental-car fleet. The cars will be ...
Traditional car rental sales continue marching toward the edge of an abyss. Peering into its inevitable fate, Hertz was the first of the oligopoly to blink, as it partners with ride sharing service ...
Rental car giant Hertz saw its first profitable quarter in two years. In the third quarter, it earned $184 million, or 42 cents a share, before adjustments.
Hertz Global Holdings Inc. filed for bankruptcy in Delaware after sweeping travel restrictions and the global economic collapse destroyed demand for its rental cars. The Chapter 11 filing allows Hertz ...
Hertz filed for bankruptcy Friday night, the latest victim of the sudden economic downturn sparked by the COVID-19 pandemic. The company has been renting cars since 1918, when it set up shop with a ...
Hertz is pausing its purchase of 65,000 EVs from Swedish auto manufacturer Polestar, the Financial Times reported Monday. But Hertz’s game plan isn’t sitting well with investors or analysts who say ...
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