Hertz news and trends

Pershing Square CEO Bill Ackman Suggests Hertz-Uber Partnership on Autonomous Vehicles
Transportation // 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...

Hertz CEO Departs Following EV Troubles
Transportation // 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 access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Hertz Weighs Layoffs Amid Pivot Away from EVs
Earnings // 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 PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

Volvo’s EV Funding Cut Highlights Ongoing Challenges in Driving Consumer Demand
Transportation // 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...

Interviews & Exclusives
Volvo’s EV Funding Cut Highlights Ongoing Challenges in Driving Consumer Demand

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 […]

Car Rentals Becoming Contactless, Connected, Convenient

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...

Hertz And Avis Eye Uber Impact, With Rough Road Ahead

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...

Quick Reads
Amazon Teams With Hertz to Sell Used Cars

August 20, 2025
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 all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and to the […]

Pershing Square CEO Bill Ackman Suggests Hertz-Uber Partnership on Autonomous Vehicles

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...

Hertz CEO Departs Following EV Troubles

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...

Hertz Weighs Layoffs Amid Pivot Away from EVs

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...