Hertz's bankruptcy took a turn for the better when the used car market became hot. The company was able to emerge from Chapter 11 with a growth plan focused on EVs and AI. Is Hertz moving too fast for ...

Hertz Global is slowing down the pace by which it adds battery electric vehicles to its fleet, executives said on a third-quarter earnings call on Thursday. The rental car company cited Tesla's price ...

The car guys finally got their White House appointment this week to plea for government help. And at some level, you've got to sympathize with their predicament. Foreign imports continue to pour into ...

Hertz, which has made a big push into electric vehicles in recent years, has decided it's time to cut back. The company will sell off a third of its electric fleet, totaling roughly 20,000 vehicles, ...

Hertz's revenue is stable, but net income is volatile due to failed EV bets, high debt, and fleet depreciation write-downs. The company's turnaround relies on achieving lower vehicle depreciation per ...

Hertz shares surged nearly 20% last week, driven by investor optimism around Trump's auto tariffs. The long-term outlook remains challenging due to Hertz's large debt, higher vehicle acquisition costs ...

Hertz Corp. has offered to settle about three dozen cases filed by renters who say they were wrongly arrested on suspicion of auto theft, the company said. The settlement push comes after Colleen ...

Hertz EV depreciation has increased by 89%, reaching $537 per car, per month The car rental agency is committed to selling off 30,000 of its EVs by the end of 2024 Used car buyers can snag one of ...

Ben is a credit cards and luxury travel writer, an immigrant with three citizenships and a husband. He speaks English, Spanish and Italian, has a background in linguistics and languages, and travels ...