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2. Analysis-Hertz's EV sale to fan cost concerns, dampen used ...

   www.aol.com/news/analysis-hertzs-ev-sale-fan...

   Hertz, the largest U.S. fleet operator of EVs, has blamed the sale on high repair costs and weak demand for the vehicles it offers on rent. Analysis-Hertz's EV sale to fan cost concerns, dampen ...

3. Rental giant Hertz dumps EVs, including Teslas, for gas cars

   www.aol.com/news/car-rental-firm-hertz-sell...

   (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 ...

4. Hertz CEO out following electric car ‘horror show’

   www.aol.com/hertz-dumps-ceo-following-electric...

   Where Hertz, which has been renting cars since the days of the Model T, was once the world’s largest rental car company, in 2023 its revenue was 22% less than its publicly held rival Avis Budget.

5. Hertz Global Holdings - Wikipedia

   en.wikipedia.org/wiki/Hertz_Global_Holdings

   Hertz Global Holdings, Inc. (formerly The Hertz Corporation ), known as Hertz, is an American car rental company based in Estero, Florida. The company operates its namesake Hertz brand, along with the brands Dollar Rent A Car, Firefly Car Rental and Thrifty Car Rental . It is one of the three big rental car holding companies in the United ...

6. Stephen Scherr - Wikipedia

   en.wikipedia.org/wiki/Stephen_Scherr

   In 2022, Scherr was hired as CEO of Hertz Car Rental. At Hertz, Scherr significantly expanded Hertz's electric vehicle fleet. In the fourth quarter of 2023, Hertz earnings dropped by $245 million due to depreciation of the value of these cars, as well as repairs costing approximately double what the repairs to a combustion engine would be.

7. Car rental - Wikipedia

   en.wikipedia.org/wiki/Car_rental

   A car rental, hire car or car hire agency is a company that rents automobiles for short periods of time to the public, generally ranging from a few hours to a few weeks. It is often organized with numerous local branches (which allow a user to return a vehicle to a different location), and primarily located near airports or busy city areas and often complemented by a website allowing online ...