Hertz Global Holdings Inc. (NASDAQ: HTZ) is taking a $3 billion charge in 2024 after selling off 30,000 Tesla Inc. (NASDAQ: ...

Hertz faces financial challenges from costly EV investments, weak Q4 2024 results, rising debt, and poor cash flow. Read why ...

Carvana shares soared with rebounding used car sales and renewed credit, projecting 65% upside by 2025. See why we believe ...

Toyota, Tesla, Chevy and Nissan all feature in the list of most popular cars bought from Hertz’s rental fleets ...

"I've been driving an EV for years and knowing Hertz is leading the way with their electric fleet speaks to how the world is ...

In general, resale values for used cars have fallen, but especially for EVs, resulting in higher depreciation costs for Hertz.

Hertz Global Holdings Inc. said it finished selling off 30,000 electric vehicles, many of which were Tesla Inc. models, as the rental giant moves on from an ill-advised bet on plug-in cars that ...

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 ...

Report on how AI is redefining market landscape - The used car market in uk size is estimated to grow by USD 35.7 billion ...

Report on how AI is redefining market landscape - The Used car market in US size is estimated to grow by USD 40.2 billion ...

Update:We reached out to Hertz for classification on how the company goes about setting its used car prices. The company said that its cars go through a rigorous inspection process and that the ...

Hertz Global Holdings Inc., Lithia Motors Inc., Penske Automotive Group Inc., Sonic Automotive Inc., and Vroom Inc. The used car market in the US is experiencing significant trends shaping its future.