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 article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
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 unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...
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 equipment manufacturers (OEMs) to scale down production, divest and cut funding have cast a shadow over this once-optimistic narrative. Get...
Car rental firm Hertz is selling 20,000 electric vehicles (EVs) from its U.S. fleet — amounting to one-third of its global fleet — and replacing them with internal combustion engine (ICE) vehicles. Get the Full Story Complete the form to unlock this article and enjoy...
February 01, 2024
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 equipment manufacturers (OEMs) to scale down production, divest and cut funding have cast a shadow over this once-optimistic narrative. Get the Full Story Complete the form to unlock this article […]
May 30, 2022
As Americans begin to travel this summer — perhaps for the first time in two years — they may find that, in some cases, renting a car is a new...
August 10, 2017
Aging fleets, fickle car buyers and, of course, Uber and Lyft are all proving to be a perfect storm for rental stalwarts Hertz and Avis. But then again, if you can’t...
April 18, 2025
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 that Hertz and Uber would be ideal partners to roll out a fleet of autonomous vehicles (AVs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free […]
March 17, 2024
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 article and enjoy unlimited free...
February 06, 2024
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 unlimited free access to all...
January 11, 2024
Car rental firm Hertz is selling 20,000 electric vehicles (EVs) from its U.S. fleet — amounting to one-third of its global fleet — and replacing them with internal combustion engine...
