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The Latest Breaking News from Hertz

Hertz Is Walking Back A Big Bet On EVs. Here's What's Really Going On

Hertz is cutting a third of its EV rental car fleet and replacing it with gas-powered cars. But the real issue goes deeper than you think.

InsideEVs

Hertz's Ex-Rental Teslas Can Be Had For As Low As $16,000

Hertz is selling many of the Teslas it bought in 2021 for not much money. After the IRA's used car tax credit, these cars could be had for as little as $16,000.

InsideEVs

Hertz Is Reducing Its EV Fleet And Selling Tesla Model 3s For Cheap

You can nab a Model 3 with less than 100,000 miles for around $20,000.

Motor1

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Hertz to Sell 20,000 US Fleet EVs in Groundbreaking Move

Hertz plans to sell 20,000 electric vehicles from its US fleet, leading the way in promoting sustainable transportation options and reducing carbon emissions.

Top News

7 Rental Car Fees to Avoid

Rental car fees add up. You could pay double the daily rate unless you just say no at the counter.

Kiplinger

Rental Company Sixt Phases Out Tesla EVs From Fleet

Rental car company Sixt cuts Tesla EVs from its fleet, citing repair costs and reduced residual value.

InsideEVs

Enterprise no longer wants to be known for just car rentals

Enterprise is expanding beyond car rentals and diversifying its fleet and service offerings.

Fortune

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Hertz’s Plan To Reduce EV Fleet Puts Tesla’s Rental Promotion At Odds

Tesla and Elon Musk promote renting through Hertz while Hertz looks to scale back its EV fleet

Zenger

Hertz And EVgo Introduce Special Charging Rates For EV Renters

Hertz and EVgo announced a joint promotion to offer one year of special charging rates to drivers renting any EV model at a Hertz location across the country.

InsideEVs

Elon Musk’s affordability problem—Tesla is fast running out of early adopters

“We’re just hitting a ‘law of large numbers’ situation here,” Musk admitted recently.

Fortune

Hertz Slows Down EV Plans As Tesla Price Cuts, Repair Costs Affect Profits

Hertz currently has around 50,000 EVs in its fleet, of which 35,000 are Teslas – far below the original target of 100,000 units announced two years ago.

InsideEVs

Hertz helped turn Tesla into a trillion dollar mega-cap stock—now it's become collateral damage in Elon Musk’s price wars

The rental agency catapulted Tesla into the mega-cap space, but heavy repair costs and salvage write downs on its EV fleet caused Q3 profit margins to nearly halve.

Fortune

Button’s options for WEC could include joining Vettel next year

One of his choices is understood to be racing a second Jota Porsche 963 in WEC competition in 2024, with Sebastian Vettel and Robert Kubica also in the frame for drives at the Hertz-backed team.

Autosport

'Where are the drugs?': 'Doggie' accused of car wash machete attack

'The machete came flying at the window', the alleged victim said.

The Canberra Times

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The Guardian - UK

What was it like to be a globetrotting executive in 1971?

A cartoon strip looks at the emergence of the executive class – with Hertz rentals, Scotch whisky and grey faces

Barchart

HTZ Stock: Navigating the Crossroads of Revenge Travel and Market Volatility

Amid market uncertainties and the allure of revenge travel, Hertz options trading offers a nuanced glimpse into the stock's potential trajectory.

The Guardian - UK

Holiday Autos scuppered my airport car hire: it’s time for a refund

It failed to pass on my flight number, so Hertz’s office had closed – and I had to rent the last car on a competitor’s lot

InsideEVs

Hertz's Model 3 And Model Y Rentals Now Allow Full Tesla App Access

This enables Hertz clients to use the phone as a key, remotely precondition the cabin, track the charging status, and even transfer their user profile settings.

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Pedestrian.tv

5 Aussie Landmarks To Check Out On Your Next Road Trip That You’ve Probably Never Heard Of

Check out all these landmarks, all from the comfort of your EV.

Reason

Seventh Circuit Upholds Products Liability Claim Against Specialized Ammunition Manufacturer

From Hakim v. Safariland, Inc., decided Monday in an opinion by Judge John Lee, joined by Chief Judge Diane Sykes and Judge Joel Flaum: David Hakim, a SWAT officer …, accidentally got shot by a colleague during a training exercise. The offending projectile was a "breaching" shotgun round manufactured by…

InsideEVs

Hertz To Add Cadillac Lyriq And Chevrolet Silverado EV To Fleet Soon

A video featuring Hertz CEO Stephen Scherr and GM CEO Mary Barra reveals that the rental company expects to receive the first Silverado EV trucks in 2023-2024.

Fortune

A 39-year old CEO was paid more than Apple’s Tim Cook last year

Kiwi Camara earned $110 million in pay last year as CEO of CS Disco, a legal tech company worth just $500 million.

The Independent UK

Tom Brady still has a full plate and plenty of drive after retirement

Tom Brady may be really done playing football now, but his discipline and drive endure

InsideEVs

Inside Tesla's $4.2 Billion Model 3 Sale To Hertz

Tesla’s sale of 100,000 Model 3s to Hertz has proven to be a brilliant move and a game-changer. The rental company found new success and others are following.

WEKU

Yes, Puerto Rican licenses are valid in the U.S., Hertz reminds its employees

A Puerto Rican man was denied a car rental at a Hertz location at the New Orleans airport where employees apparently believed his driver's license was from outside the U.S. Hertz has since apologized.

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