Over 60% of Hertz's fleet now consists of vehicles one year old or less, with a goal to complete the fleet rotation by year-end 2025. The company sold 100,000 vehicles in Q4 2024, utilizing both ...

Among those is the Chevy Silverado EV. A few fleet sales have been made to companies like Hertz, but with the rental company looking to get out of its bad EV bet, it's starting to sell some of ...

Hertz has been taking tough medicine to clear out EVs and other models with high depreciation in the fleet. That should mean Hertz will see results improve as the year progresses, Chief Financial ...

Hertz Global Holdings Inc.’s stock tumbled ... as it continues to work on a fleet refresh. “Our focus in 2024 was stabilizing the business and implementing fundamental changes to transform ...

Hertz is in the midst of a fleet rotation that includes a significant selloff of vehicles, which it expects to be completed by the end of 2025, Hertz executives said on a Thursday morning earnings ...

Hertz Global Holdings Inc (NASDAQ:HTZ) has successfully implemented a transformative fleet rotation, with over 60% of its fleet now comprised of vehicles one year old or less. The company has ...

Car rental firm Hertz Technologies HTZ CEO Wayne West said on Thursday that it has removed 30,000 EVs from its fleet as planned last year and is planning further fleet revamp. “…as of year-end ...

Across the globe, Hertz currently has about 26,000 employees, with a fleet of roughly 560,000 vehicles, spread across more than 11,000 rental locations in 160 countries. Hertz Global completed its ...

Hertz has been taking tough medicine to clear out EVs and other models with high depreciation in the fleet. That should mean Hertz will see results improve as the year progresses, Chief Financial ...

After Selling 30,000 EVS, Hertz Is Now Chasing Fleet Rotation To Reduce Losses Car rental firm Hertz Technologies CEO Wayne West said on Thursday that it has removed 30,000 EVs from its fleet as ...