Hertz lowers Q2 guidance amid struggling used-car market
On the Dash:
Hertz expects Q2 adjusted corporate EBITDA of $50 million to $80 million, near the low end of guidance.
Used-car softness flipped April vehicle-sale gains into May losses,...
TSLA390.600-3.86%
GM77.260-0.38%
F14.125-0.055%
RIVN16.770-1.03%
CYD44.820-1.05%
HMC28.6950.805%
TM179.5552.635%
CVNA70.555-0.035%
PAG203.7203.32%
LAD336.1504.78%
AN207.6404.1%
GPI326.4657.065%
ABG225.6407.21%
SAH101.7051.975%
TSLA390.600-3.86%
GM77.260-0.38%
F14.125-0.055%
RIVN16.770-1.03%
CYD44.820-1.05%
HMC28.6950.805%
TM179.5552.635%
CVNA70.555-0.035%
PAG203.7203.32%
LAD336.1504.78%
AN207.6404.1%
GPI326.4657.065%
ABG225.6407.21%
SAH101.7051.975%
TSLA390.600-3.86%
GM77.260-0.38%
F14.125-0.055%
RIVN16.770-1.03%
CYD44.820-1.05%
HMC28.6950.805%
TM179.5552.635%
CVNA70.555-0.035%
PAG203.7203.32%
LAD336.1504.78%
AN207.6404.1%
GPI326.4657.065%
ABG225.6407.21%
SAH101.7051.975%
Hertz
Hertz Car Sales continues retail expansion with digital showroom on eBay
ESTERO, Fla.--(BUSINESS WIRE)--Hertz Car Sales today announced the latest strategic expansion of its digital retail presence with eBay, bringing thousands of Hertz Certified, near-new vehicles to one of the world’s largest online automotive...
More drivers turn to EV rentals as gas prices top $4
On the Dash:
EV rentals are surging at Hertz and Turo as gas prices top $4 a gallon nationwide.
The conflict in Iran has pushed U.S. gas prices up more...
Nationwide air travel disruptions trigger surge in car rentals
On the Dash:
Flight delays and cancellations are driving a surge in car rentals as travelers seek alternatives during the government shutdown.
Car rentals have sharply increased, with Turo up...
Hertz expands direct-to-consumer sales with new online platform
On the Dash:
Hertz is expanding HertzCarSales.com into a full online platform to sell used vehicles directly to consumers.
Direct-to-consumer sales become Hertz’s primary, more profitable channel, competing with Carvana.
...
Hertz debuts ‘Gold Squad’ to soothe travelers, promote loyalty program
On the Dash:
Hertz launched the Gold Squad, a team of Golden Retrievers, to comfort travelers at busy airports.
The initiative promotes Hertz’s Gold Plus Rewards program and generated massive...
Hertz shares climb after smaller-than-expected Q2 loss
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...
Hertz collaborates with Denver to expand its EV charging infrastructure
Hertz is teaming up with the city of Denver to build out its charging infrastructure to support the ongoing transition to electric vehicles. The automaker intends to add more than...
NHTSA reveals new Hertz investigation, worried it is ignoring recalls
The National Highway Traffic Safety Administration has announced a Hertz investigation over allegations the company is violating recall laws.
According to a Tuesday announcement, the agency has already obtained evidence the...
Hertz partners with BP Pulse to expand EV charging network for fleet management
Hertz is teaming up with BP to install thousands of EV charging units at Hertz stores across the United States. While most of the charging units will be used to...
Latest Articles
