EV rentals

Hertz shares jumped 13% after a smaller-than-expected Q2 loss, driven by fleet cuts, depreciation drops, and fewer Teslas.

Hertz shares climb after smaller-than-expected Q2 loss

Jasmine Kiniklis - August 7, 2025

Hertz's shares surged by 13% after posting a smaller-than-expected loss in the second quarter. The company made a marginal profit of $1 million in earnings before interest, taxes, depreciation, and...

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Hertz to buy 65,000 vehicles from Polestar over next five years

Jason Unrau - April 5, 2022

On Monday, Swedish electric vehicle manufacturer Polestar and Hertz Corporation announced a deal that sees the carmaker sell 65,000 EVs to the rental company. The agreement is intended to spark...

Daily Automotive News Articles

EV rentals

Hertz shares climb after smaller-than-expected Q2 loss

Hertz to buy 65,000 vehicles from Polestar over next five years

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