Hertz’s quarterly revenue also falls short of estimates, but company says its ‘transformation’ should be done by year-end.

Hertz (HTZ) is paying the price for unloading its Teslas. Shares sank Friday by more than 10% after Hertz announced it had ...

Hertz Global Holdings on Friday won the dismissal of a lawsuit claiming that the rental car company was required to redeem ...

Discovery Capital Management argued the rental-car company’s debt and equity deals amounted to a payment-triggering ...

Global car rental company Hertz (NASDAQ:HTZ) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 6.6% ...

Vonecia Sullivan-Hill said she took a weekend getaway last summer to Georgia. When she landed in Atlanta, she rented a car ...

PHOENIX (AZFamily) — Last summer, Vonecia Sullivan-Hill took a weekend getaway to Georgia. When she landed in Atlanta, she ...

Hertz Global Holdings shares dropped 9.7% after the company logged a wider loss in the fourth quarter amid declining revenue and an overhaul of its rental-car fleet. The Estero, Fla., car-rental ...

Despite those sales, Hertz says it has a GAAP net loss of $479 million in the fourth quarter. What’s even more shocking about ...

In general, resale values for used cars have fallen, but especially for EVs, resulting in higher depreciation costs for Hertz.

The Estero, Fla., car-rental company posted a loss of $479 million, or $1.56 a share, for the last three months of 2024, compared with a loss of $348 million, or $1.14 a share, in the same quarter a ...