Hertz is trying to sell its Tesla cars to renters as it desperately tries to unload its electric vehicle inventory after a massive drop in value. In 2021, Hertz made a major move to electrify its ...

Hertz bought a bunch of Tesla Model 3s for its rental fleet and quickly realized that Tesla depreciation would be extra bad at scale. In an aggressive effort to sell off its remaining Tesla inventory, ...

Hertz is betting big on electric vehicles. It's buying 100,000 Teslas, the largest-ever order by a single buyer. The purchase also represents the biggest move into EVs by a rental car company, by far.

Electric vehicles offer some great benefits over combustion-powered cars and trucks. Greatly reduced maintenance, zero tailpipe emissions, instant off-the-line torque, and the ability to recharge ...

Hertz EV depreciation has increased by 89%, reaching $537 per car, per month The car rental agency is committed to selling off 30,000 of its EVs by the end of 2024 Used car buyers can snag one of ...

Hertz dropped as much as 12% Tuesday morning after posting a deeper-than-expected quarterly profit loss. The rental-car giant is still facing challenges from a high-cost electric vehicle fleet. The ...

Car rental company Hertz announced on Monday that it's purchasing 100,000 vehicles from Tesla. In a news release, the company said consumers would be able to rent a Tesla Model 3 beginning in early ...

Hertz has revealed the five most-bought vehicles from its fleet sales. The list features two electric vehicles, only one of which is a Tesla. Toyota has two models on the list, and both Chevy and ...

TAMPA, Fla. — TAMPA, Fla. (WPTV) — Hertz announced Monday it plans to buy up to 65,000 electric vehicles from the Swedish electric car maker Polestar. The purchases will take place over the next five ...

Craig has worked in automotive media for nearly 20 years, producing content for publications ranging from Autoline and AutoGuide to Roadshow by CNET and EV Pulse. Aside from writing, he’s also ...