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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 ...
By Nathan Gomes and Joseph White (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 ...
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 ...
EV's already depreciate a lot faster than gas cars. 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 ...
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 ...
In 2021, Hertz made a big splash when it announced plans to buy 100,000 Teslas and greatly expand its fleet of EVs. That deal, which came just half a year after a $4.2 billion restructuring saved ...
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 Global Holdings has added Tesla's electric mid-size SUV Model Y to its electric vehicle fleet, according to the car rental firm's website. The development comes months after Hertz announced ...