Browsing: Hertz
Some desperate travelers turn to U-Haul as the government shutdown cuts flights and sends car rentals soaring
The U.S. government shutdown has rattled air travel — most recently with an unprecedented effort from the Federal Aviation Administration to cut flights…
Bill Ackman’s Pershing Square Capital Management has amassed a nearly 20% stake in Hertz Global Holdings Inc. in a bet…
Presto, an electric vehicle charging platform, said today it has raised $15 million in funding from Union Square Ventures, Congruent…
Hertz Global Holdings Inc. reported a worse-than-expected loss after its failed bet on Tesla Inc. electric vehicles weighed on the value of…
EV maintenance costs remain high, frustrating buyers and automakers as sales lag expectations
A new report from auto insurance analytics company Mitchell shows that repairable EV insurance claims have increased by 40% since…
Hertz’s electric vehicle and CEO about-face is the latest twist after a COVID bankruptcy filing and a deep relationship with Carl Icahn
It seemed like a good idea at the time. Now we know better. Hertz, reeling from a bankruptcy and the…
CEO steps down after being hit with expensive EV repairs and low resale prices following purchase of 100,000 Teslas
Hertz Global Holdings Inc. is replacing its chief executive officer in the wake of a disastrous bet on electric vehicles…
Hertz made headlines in January when it decided to sell off about 20,000 of the 100,000 Teslas, along with some…










