Hertz

Hertz Shares Plunge 33% After Unexpected Used Car Market Slump

Hertz Shares Plunge 33% After Unexpected Used Car Market Slump
Hertz Shares Plunge 33% After Unexpected Used Car Market Slump
June 24, 2026  |  Transportation

Rental car company Hertz announced a proposed offering of $100 million of common stock and $300 million of exchangeable senior first-lien secured payment-in-kind (PIK) notes Wednesday (June...

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Hertz Teams With eBay to Drive More Digital Auto Sales
Hertz Teams With eBay to Drive More Digital Auto Sales
May 06, 2026  |  Partnerships

Hertz Car Sales is teaming with eBay to expand its digital retail footprint. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Uber Taps Hertz Subsidiary to Scale Robotaxi Program
Uber Taps Hertz Subsidiary to Scale Robotaxi Program
May 01, 2026  |  Partnerships

Hertz plans to expand beyond its car rental business and serve “the next era of mobility” with a new affiliated operating company that will provide fleet...

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Amazon Teams With Hertz to Sell Used Cars
Amazon Teams With Hertz to Sell Used Cars
August 20, 2025  |  Partnerships

Hertz is turning to Amazon to expand its used cars business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Pershing Square CEO Bill Ackman Suggests Hertz-Uber Partnership on Autonomous Vehicles
Pershing Square CEO Bill Ackman Suggests Hertz-Uber Partnership on Autonomous Vehicles
April 18, 2025  |  Transportation

Pershing Square CEO Bill Ackman — who disclosed in a Thursday (April 17) post on X that the firm owns a 19.8% stake Hertz — said in the post...

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Hertz CEO Departs Following EV Troubles
Hertz CEO Departs Following EV Troubles
March 17, 2024  |  Transportation

Hertz’s CEO is stepping down following the company’s major shift on the electric vehicle front. Get the Full Story Complete the form to unlock this...

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Hertz Weighs Layoffs Amid Pivot Away from EVs
Hertz Weighs Layoffs Amid Pivot Away from EVs
February 06, 2024  |  Earnings

Hertz is reportedly considering layoffs after selling part of its electric vehicle fleet. Get the Full Story Complete the form to unlock this article and enjoy...

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Volvo’s EV Funding Cut Highlights Ongoing Challenges in Driving Consumer Demand
Volvo’s EV Funding Cut Highlights Ongoing Challenges in Driving Consumer Demand
February 01, 2024  |  Transportation

While electric vehicles (EVs) have been celebrated for their potential to revolutionize transportation and accelerate the path toward a greener future, recent moves by original...

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