If you want an EV and you like a good deal, Hertz has you covered with its fleet of depreciated Teslas and Chevrolets but buyer beware
Rental company lost $1.3 billion in Q3 and took a $1 billion impairment charge due in large part to the heavy depreciation suffered by its electric car fleet
The bizarre situation happened in New York after employees left hours before they were supposed too
This is your chance to own one of the 25 Shelby GT500-H Fastbacks commissioned by Hertz in 2022
The customer rented the car with unlimited mileage and a local manager hit him with a five-figure penalty
Shelby made just 100 examples of this all-electric crossover and now you can buy one
The Chevy Silverado EV 3WT is only available to fleet buyers and is perfect for heavy lifting and towing
The rental company initially dug in its heels and refused to refund the charge despite several reasons to let it go
The company has lost hundreds of millions of dollars due to the depreciation of used Teslas
Saddled with a fleet of depreciating EV, Hertz CEO is on his way out, to be replaced by Cruise’s former COO
Rental firm has been stung by the heavy depreciation and repair costs affecting EVs
Car hire giant is slimming its electric lineup, which it says cost too much to fix when customers have a prang
Those willing to take a chance on a used electric vehicle might want to check on these Teslas sooner rather than later
Hertz says that a lot of its Teslas are being damaged by rideshare users, leading to expensive repairs, while falling MSRPs are driving down salvage prices, hurting it more
A mom and her daughter ended up with a rental Tesla from Hertz and none of the knowledge they needed to charge it or get out when it died
The rental car company is working with General Motors to include more EVs in its fleet
The Ford Mustang is definitely not a sand-proof vehicle, as this man found out
Hertz asked for the man’s passport but as an American Citizen his driving license should have been sufficient