Hertz Global Holdings Inc. is a leading global car rental company dedicated to providing exceptional mobility solutions to customers worldwide. The company's mission is to deliver outstanding customer service while offering a diverse fleet of vehicles that meet various travel needs. Hertz employs a strategy focused on innovation and technology, enhancing the rental experience through digital platforms and streamlined operations. With a commitment to sustainability, Hertz is also expanding its electric vehicle offerings, aiming to lead the industry in environmentally friendly transportation solutions.

HERTZ GLOBAL HOLDINGS INC

Hertz Global Holdings, Inc. continues to grapple with significant challenges in the wake of its substantial investment in electric vehicles (EVs). The company's bold $4.2 billion order for 100,000 Teslas has now been termed a costly gamble, as Hertz reported a staggering $2.9 billion loss for 2024. This financial setback...

Hertz Faces $2.9 Billion Loss and Stock Plummet Amid Electric Vehicle Sell-Off and Strategy Shift

Hertz is navigating a turbulent financial landscape, reporting a staggering $2.9 billion loss as it shifts away from electric vehicles to a more stable fleet. Can this strategic pivot help the company regain investor confidence and adapt to changing market demands?