Subscribe
Mobility

Hertz to sell 20,000 EVs in shift back to gasoline-powered cars

Hertz
(BLOOMBERG)
B
By:
Bloomberg
January 11, 2024 01:30 PM

Hertz Global Holdings Inc. plans to sell a third of its U.S. electric vehicle fleet and reinvest in gas-powered cars due to weak demand for the battery-powered options.

Featured Stories

Trump says he ‘couldn’t care less’ if automakers raise prices for tariffs
Trump says he ‘couldn’t care less’ if automakers raise prices for tariffs
Automakers warn new Trump tariffs will boost costs, cut sales
Automakers warn new Trump tariffs will boost costs, cut sales
Dealerships prepare for pre-tariff sales onslaught
Dealerships prepare for pre-tariff sales onslaught
No sign Trump will honor U.S. auto tariff protections won by Canada, Mexico in 2018
No sign Trump will honor U.S. auto tariff protections won by Canada, Mexico in 2018

Latest News

No sign Trump will honor U.S. auto tariff protections won by Canada, Mexico in 2018
Trump says he ‘couldn’t care less’ if automakers raise prices for tariffs
Top 150 dealership groups continue to grow strategically and consolidate the industry
How rankings changed in top 150 dealership groups list and other highlights
Staying current is easy with newsletters delivered straight to your inbox.

See More in Mobility

Waymo robotaxis racked up $65,000 in San Francisco parking tickets last year
Waymo plans DC robotaxi service debut as U.S. plans new standards
Automakers, tech industry urge Trump to speed self-driving car deployment
California’s carpool lane perk for EVs nears the end of the road
Staying current is easy with newsletters delivered straight to your inbox.