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Hertz selling off 20,000 electric vehicles as it shifts back to gas-powered cars

The about-face, after Hertz said it would buy 100,000 Tesla cars, underscores the waning demand for all-electric cars. High maintenance costs, Hertz adds.

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Hertz selling 20,000 EVs as it shifts back to gas-powered cars

The about-face, after Hertz said it would buy 100,000 Tesla cars, underscores the waning demand for all-electric cars.

Stephen-scherr
David-welch
Richard-clough-bloomberg
Jody-lurie
Bloomberg
Motors-co
Tesla-inc
Hertz-global-holdings
Richard-clough
Global-holdings
Chief-executive-officer-stephen-scherr
General-motors

Hertz to sell one-third of EV fleet in shift back to gas-powered cars

Hertz will sell 20,000 of its US electric vehicle fleet and reinvest in gas-powered cars due to weak demand and high repair costs. Read on.

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Today's news: Trending business stories for January 11, 2024

The Financial Post brings you the top business stories as they happen for January 11, 2024. Read on for breaking news you need to know.

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Hertz selling 20,000 EVs as it shifts back to gas-powered cars

The about-face, after Hertz said it would buy 100,000 Tesla cars, underscores the waning demand for all-electric cars.

Stephen-scherr
David-welch
Richard-clough-bloomberg
Jody-lurie
Tesla-inc
Motors-co
Hertz-global-holdings
Bloomberg
Richard-clough
Global-holdings
Chief-executive-officer-stephen-scherr
General-motors

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