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

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

   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 ...

3. Hertz went all in on Tesla — and is paying the price - AOL

   www.aol.com/finance/hertz-went-tesla-paying...

   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 ...

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. Dollar Thrifty Automotive Group - Wikipedia

   en.wikipedia.org/wiki/Dollar_Thrifty_Automotive...

   Tulsa, Oklahoma. , United States. Dollar Thrifty Automotive Group is the former holding company of Thrifty Car Rental and Dollar Rent A Car. Dollar Thrifty Automotive began to operate as an independent car rental subsidiary of the Chrysler Corporation on November 4, 1997 while continuing to support its two brands, Dollar Rent A Car and Thrifty ...

6. 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 ...

7. 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.