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

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

Turo isn't going public anymore. The car-sharing marketplace has a similar business model to Airbnb, allowing users to rent vehicles directly from their owners. The app was launched into headlines ...

Criminal gangs take orders for specific models, use teenagers to grab them and quickly export them through ports up and down ...

No one mentioned' the generously-sized contract to the Tesla CEO, who has been known to play fast and loose with the truth ...

A 23% return for the S&P 500 last year was certainly nothing to sniff at, but T. Rowe Price's $10.41 billion Science & Technology Fund PRSCX blew that out of the water with a 40.3% gain. Granted one ...

Global car rental company Hertz (NASDAQ:HTZ) in Q4 CY2024, with sales falling 6.6% year on year to $2.04 billion. Its ...

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

Discover Hertz's Q4 2024 earnings call insights. Learn about fleet upgrades, cost targets, and growth in retail sales channels amid strategic changes.

Rental car giant Hertz Global Holdings ( HTZ -8.13%) posted fourth-quarter results that fell short of estimates. Investors are looking for the exit ramp, sending Hertz shares down as much as 14% for ...

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

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 ...