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(Reuters) -Rental firm Hertz Global Holdings said on Thursday it would sell about 20,000 electric vehicles, including Teslas, from its U.S. fleet due to higher expenses related to collision and ...
The value of used EVs has dropped 33.7% between October 2022 and October 2023, even as the overall used car market dropped only 5.1%, according to data from iSeeCars. Hertz could, however, benefit ...
Jan 11th 2024 at 9:07AM. 11. Hertz Global Holdings will sell about 20,000 electric vehicles (EVs) from its U.S. fleet, the rental firm said on Thursday, citing higher expenses related to collision ...
Hertz, in reporting an adjusted loss of $1.36 per share, wider than the $0.76 loss expected, was saddled with losses stemming from its decision to sell 20,000 Teslas, representing a third of its ...
Hertz announced in January that it would sell 20,000 of the cars in favor of gas-powered vehicles. The rental company couldn’t seem to outrun Tesla’s misfortunes. The rental company couldn’t ...
A slew of used Teslas have hit the Hertz car sales website after the company announced Thursday it was selling off 20,000 EVs from its fleet. Across the US, there were 657 Teslas to choose from ...
Hertz, which has made a big push into electric vehicles in recent years, has decided its time to cut back. The company will sell off 20,000 electric vehicles and use the money they bring to ...
Hertz CEO Steven Scherr put the blame for the decision squarely on Tesla, The New York Times reported, saying that Teslas were the largest component of Hertz's fleet, and the automaker's sweeping ...