Rental car giant Hertz Global Holdings announced Monday it would pay $168 million to settle 364 claims ... believes it will recover some part of the settlement amount from its insurance carriers.
Earlier this month, Hertz agreed to pay $168 million to settle claims of filing ... first," chief executive Stephen Scherr said of the settlement. "In resolving these claims, we are holding ...
Hertz said Thursday that the rental car giant's failed investment in an electric vehicle fleet continues to be an expensive mistake, reporting it lost another $195 million last quarter in ...
Hertz fired the firm in May 2018, by which time the car rental company had paid $32 million for its services. Hertz is now asking the firm to pay back this money, as well as millions more to cover ...
The car rental company took a $195 million charge for the depreciation of an additional 10,000 EVs that Hertz is now holding for sale. While the company met revenue expectations, it is trying to ...
Car rental operator Hertz (HTZ) reported it lost another $200 million due to its EV gamble. In its first quarter earnings report, Hertz said it “upsized” its prior EV fleet drawdown plans by ...
In the quarter, Hertz incurred a $195 million charge related to the reduction in its EV fleet. That in part reflects the sharp drop in the value of the electric vehicles, including Teslas ...
The car rental company took a $195 million charge for the depreciation of an additional 10,000 EVs that Hertz is now holding for sale. While the company met revenue expectations, it is trying to ...
Hertz suspends its $500 million stock sale as SEC Chairman Jay Clayton says the agency "has comments" about the car rental giant's proposed stock sale. Hertz (HTZ) reportedly is suspending its ...
When Michale Jordan and Juanita Vanoy (his first wife) split, Jordan was forced to pay a hefty divorce settlement. Vanoy was ...
Former Chrysler CEO Bob Nardelli discusses the administrations EV push, arguing most of the startups are failing. Hertz said Thursday that the rental car giant's failed investment in an electric ...
Car rental operator Hertz (HTZ) reported it lost another $200 million due to its EV gamble. In its first quarter earnings report, Hertz said it “upsized” its prior EV fleet drawdown plans by an ...