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Sky-High Depreciation And Massive Repair Bills Force Hertz To Sell 30,000 EVs

Plus Aston Martin losses are growing and the United Auto Workers Union members are voting on strike action at Stellantis.

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Hertz selling 30,000 EVs including Teslas

An additional $195 million charge last quarter as a result of depreciation across its fleet left it with no choice but to sell even more EVs.

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Business News: Hertz shareholders increase public stock offering, raise $1.3 billion ahead of Nasdaq relisting

Hertz shareholders increase public stock offering, raise $1.3 billion ahead of Nasdaq relisting : Rashtra News Tesla Model 3 electric vehicles at a Hertz neighborhood location.HertzShareholders of Hertz Global Holdings increased the size of their public offering of shares by 20%, ahead of plans to relist the stock on the Nasdaq on Tuesday under the

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You can get a crazy good deal on a used Tesla from Hertz right now — but know these risks

A slew of supercheap Teslas newly listed on Hertz's website as low as $20,000 might be too good to be true.

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Hertz To Sell More EVs as Q1 Loss Exceeds Expectations

Hertz Global Holdings Inc has raised the number of electric vehicles it plans to sell this year as it is cutting its EV fleet to reduce losses that have weighed on the car rental giant’s earnings.

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