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Hertz

  • Hertz CEO to Step Down Following Failed Bet on Electric Vehicles
    Hertz CEO to Step Down Following Failed Bet on Electric Vehicles
    Hertz took a $245 million charge from offloading the EVs and posted a bigger-than-expected loss of $348 million in the fourth quarter.
    March 18, 2024BY Aaron Pan
  • Hertz Unloads One-Third of Its EV Fleet, Citing Low Demand, High Repair Costs
    Hertz Unloads One-Third of Its EV Fleet, Citing Low Demand, High Repair Costs
    The move will 'eliminate a disproportionate number of lower margin rentals and reduce damage expense associated with EVs,' ...
    January 11, 2024BY Kevin Stocklin
  • Hertz Has Fewer Teslas in Its Fleet Than Planned
    Hertz Has Fewer Teslas in Its Fleet Than Planned
    Hertz Global Holdings Inc.'s rental fleet has less than half the number of Tesla cars it planned to ...
    February 8, 2023BY Reuters
  • US Agency Investigating If Hertz Rented Unrepaired Recalled Vehicles
    US Agency Investigating If Hertz Rented Unrepaired Recalled Vehicles
    WASHINGTON–U.S. auto safety regulators said on Tuesday they are investigating if Hertz rented unrepaired recalled vehicles to customers. ...
    December 21, 2022BY Reuters
  • Hertz to Pay $168 Million in Settlements Over False Robbery Claims, Which Led to Jailing of Customers
    Hertz to Pay $168 Million in Settlements Over False Robbery Claims, Which Led to Jailing of Customers
    Hertz, the rental car company, has agreed to pay $168 million to settle multiple claims in the United ...
    December 6, 2022BY Bryan Jung
  • GM, Hertz Make Deal to Deploy up to 175,000 EVs
    GM, Hertz Make Deal to Deploy up to 175,000 EVs
    Rental car company Hertz Global Holdings plans to order up to 175,000 General Motors Co. electric vehicles over ...
    September 20, 2022BY Reuters
  • Hertz to Buy up to 65,000 Electric Vehicles From Polestar
    Hertz to Buy up to 65,000 Electric Vehicles From Polestar
    WASHINGTON—Rental car firm Hertz Global Holdings said on Monday it would buy up to 65,000 electric vehicles over ...
    April 5, 2022BY Reuters
  • Hertz Wheels In Ex-Goldman Sachs CFO as Top Boss, Shares Jump
    Hertz Wheels In Ex-Goldman Sachs CFO as Top Boss, Shares Jump
    Hertz Global Holdings on Friday named former Goldman Sachs finance chief Stephen Scherr as its top boss, replacing ...
    February 4, 2022BY Reuters
  • EV Week in Review: Tesla Prevails Despite Hertz Deal Haziness, Nio Investors Take Setback in Their Stride, Volkswagen’s Diess Calls for ‘Revolution’ to Take on Competition
    EV Week in Review: Tesla Prevails Despite Hertz Deal Haziness, Nio Investors Take Setback in Their Stride, Volkswagen’s Diess Calls for ‘Revolution’ to Take on Competition
    Most electric vehicle (EV) stocks advanced in the week ending Nov. 5 amid sector wide optimism. EV market ...
    November 7, 2021BY Benzinga
  • Musk Says Tesla Has Not Signed a Contract With Hertz Yet, Halts Stock Rally
    Musk Says Tesla Has Not Signed a Contract With Hertz Yet, Halts Stock Rally
    Tesla Inc. top boss Elon Musk said the electric carmaker had not signed a contract with Hertz, more ...
    November 2, 2021BY Reuters
  • Uber Partners With Hertz to Offer 50,000 Tesla Rentals to US Ride-Hail Drivers
    Uber Partners With Hertz to Offer 50,000 Tesla Rentals to US Ride-Hail Drivers
    Uber Technologies Inc. on Wednesday said it is launching a new partnership with rental car company Hertz to ...
    October 27, 2021BY Reuters
  • Tesla’s Market Value Tops $1 Trillion After Hertz Orders 100,000 Cars
    Tesla’s Market Value Tops $1 Trillion After Hertz Orders 100,000 Cars
    DETROIT—Hertz announced Monday that it will buy 100,000 electric vehicles from Tesla, one of the largest purchases of ...
    October 26, 2021BY The Associated Press
  • Tesla Drives Toward $1 Trillion Club on Record Hertz Order
    Tesla Drives Toward $1 Trillion Club on Record Hertz Order
    Tesla Inc. on Monday neared $1 trillion in market capitalization as the company founded by Elon Musk received ...
    October 25, 2021BY Reuters
  • Hertz Orders 100,000 Tesla Cars for End of 2022
    Hertz Orders 100,000 Tesla Cars for End of 2022
    Hertz said on Monday the car rental firm has ordered 100,000 Tesla Inc. cars for delivery by the ...
    October 25, 2021BY Reuters
  • NTD Business Full Broadcast (Oct. 18)
    NTD Business Full Broadcast (Oct. 18)
    Apple didn't just announce new AirPods. It also put its spotlight on two new MacBook Pros, which will ...
    October 18, 2021BY NTD Television
  • Hertz Tabs Former Ford Chief Executive Mark Fields as Interim CEO
    Hertz Tabs Former Ford Chief Executive Mark Fields as Interim CEO
    Hertz Corp. has named former Ford Motor Co. Chief Executive Mark Fields as its interim CEO, the rental ...
    October 6, 2021BY Reuters
  • Hertz Eyes Bankruptcy Exit Through $4.2 Billion Stake Sale
    Hertz Eyes Bankruptcy Exit Through $4.2 Billion Stake Sale
    In a deal to jettison itself from under bankruptcy protection, Hertz said Tuesday that it may sell a ...
    March 3, 2021BY The Associated Press
  • US SEC Has Problems With Car Rental Firm Hertz Selling New Shares: CNBC
    US SEC Has Problems With Car Rental Firm Hertz Selling New Shares: CNBC
    The U.S. Securities and Exchange Commission (SEC) has told bankrupt Hertz Global Holdings it has issues with the ...
    June 17, 2020BY Reuters
  • Bankrupt Car Rental Firm Hertz to Offer Up to $1 Billion in Shares
    Bankrupt Car Rental Firm Hertz to Offer Up to $1 Billion in Shares
    Car rental firm Hertz Global Holdings Inc said it would sell up to $1 billion in shares, cashing ...
    June 12, 2020BY Reuters
  • Carl Icahn Lost $2 Billion Betting on Hertz
    Carl Icahn Lost $2 Billion Betting on Hertz
    Icahn was the largest shareholder in Hertz, which filed for bankruptcy late May 22. The activist investor took ...
    May 28, 2020BY Wire Service
  • Hertz Paid Top Executives $16 Million in Bonuses Ahead of Its Bankruptcy Filing
    Hertz Paid Top Executives $16 Million in Bonuses Ahead of Its Bankruptcy Filing
    Hertz paid out millions of dollars in bonuses to its executives just before its bankruptcy—and a month after ...
    May 26, 2020BY Wire Service
  • Hertz Files for US Bankruptcy Protection as Car Rentals Evaporate Amid CCP Virus Pandemic
    Hertz Files for US Bankruptcy Protection as Car Rentals Evaporate Amid CCP Virus Pandemic
    NEW YORK—The more than a century old car rental firm Hertz Global Holdings Inc filed for bankruptcy protection ...
    May 23, 2020BY Reuters
  • Hertz Giving Free One-Month Rental Cars to NYC Healthcare Workers
    Hertz Giving Free One-Month Rental Cars to NYC Healthcare Workers
    The Hertz car rental company is offering New York City healthcare workers free one-month car rentals through April ...
    March 26, 2020BY Ivan Pentchoukov
  • Couple Creates Air to Water Conversion System—Wins $1.5M
    Couple Creates Air to Water Conversion System—Wins $1.5M
    LOS ANGELES—It started out modestly enough: David Hertz, having learned that under the right conditions you really can ...
    October 25, 2018BY The Associated Press
  • Hertz Gets Hurt by Uber but Still Attracts Investors
    Hertz Gets Hurt by Uber but Still Attracts Investors
    Car rental companies could be the next victims of Uber and other ride-hailing companies that are constantly challenging traditional ...
    November 18, 2016BY Emel Akan
TOP NEWS
  • Alleged Chinese Spy Alice Huang Linked to Huawei Data Center: Report
    NEW By Frank Fang
    Alleged Chinese Spy Alice Huang Linked to Huawei Data Center: Report
  • Bessent Blames Commerce Department for Failure to Blacklist Megaspeed
    NEW By Andrew Moran
    Bessent Blames Commerce Department for Failure to Blacklist Megaspeed
  • US Denies Iran’s Claim It Destroyed Radar in Bahrain
    NEW By Evgenia Filimianova
    US Denies Iran’s Claim It Destroyed Radar in Bahrain
  • Kalshi Ends Advisory Role With Donald Trump Jr. After His Firm Invests in Polymarket
    2hr By Kimberly Hayek
    Kalshi Ends Advisory Role With Donald Trump Jr. After His Firm Invests in Polymarket
  • Microsoft Reports Progress Fixing Global Outage Impacting Millions
    2hr By Chris Summers
    Microsoft Reports Progress Fixing Global Outage Impacting Millions
  • RFK Jr. Announces Funding to Study Ibogaine Psychedelic Drug
    3hr By Zachary Stieber
    RFK Jr. Announces Funding to Study Ibogaine Psychedelic Drug
  • 10 Midterm House Races That Surprised Some Observers
    4hr By Joseph Lord
    10 Midterm House Races That Surprised Some Observers
  • DOJ Announces 354 Arrests in Global Dark Web Drug Crackdown
    5hr By Jacki Thrapp
    DOJ Announces 354 Arrests in Global Dark Web Drug Crackdown
  • Why Most Americans Couldn’t Last 72 Hours in an Emergency
    6hr By Russ Jones
    Why Most Americans Couldn’t Last 72 Hours in an Emergency
  • Beijing Uses Monitoring Hubs in US to Police Chinese Diaspora, Report Says
    6hr By Frank Fang
    Beijing Uses Monitoring Hubs in US to Police Chinese Diaspora, Report Says
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