Hertz

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. Stephen Scherr, who joined the rental car giant in 2022,...

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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. The car rental giant on Tuesday (Feb. 6) reported quarterly and year-end earnings showing that...

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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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Hertz Reducing EV Fleet Due to High Cost, Low Demand
Hertz Reducing EV Fleet Due to High Cost, Low Demand
January 11, 2024  |  Transportation

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...

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Today in the Connected Economy: Uber Offers Drivers Perks, Debit Card
Today in the Connected Economy: Uber Offers Drivers Perks, Debit Card
July 29, 2022  |  Connected Economy

Today in the connected economy, Uber debuts new features designed to offer more flexibility to its team of drivers. Also, Hertz reaps the benefits of...

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Hertz Gets Boost From Tech Investments, Travel Rebound
Hertz Gets Boost From Tech Investments, Travel Rebound
July 29, 2022  |  Earnings

As Hertz Global Holdings continues transitioning its fleet of Hertz, Dollar and Thrifty rental cars to connected cars, it’s learning that the technology is delivering...

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Lyft, Hertz Team on New Summer Travel Offerings
Lyft, Hertz Team on New Summer Travel Offerings
June 27, 2022  |  Ridesharing

Lyft and Hertz are partnering and launching new offerings intended to make summer air travel easier, according to a Monday (June 27) press release. Lyft...

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Car Rentals Becoming Contactless, Connected, Convenient
Car Rentals Becoming Contactless, Connected, Convenient
May 30, 2022  |  Technology

As Americans begin to travel this summer — perhaps for the first time in two years — they may find that, in some cases, renting...

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Car Rental Experience Is Being Reshaped With Connected, Electric Cars
Car Rental Experience Is Being Reshaped With Connected, Electric Cars
May 03, 2022  |  Earnings

As travel for business and pleasure pick up and customers return to car rental companies, they’re being greeted with new technology. For example, Hertz is...

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