Hertz (HTZ) to sell one third of EV fleet, seen as a 'clearing' event
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/19/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo Downgrades Netflix (NFLX) to Underweight on Engagement Risks, 'We see tougher choices ahead'
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
Hertz Global (HTZ) to sell approximately 20,000 electric vehicles from its U.S. fleet
January 11, 2024 7:35 AM EST(Updated - January 11, 2024 7:37 AM EST)
Hertz Global (NASDAQ: HTZ) disclosed:
Hertz Global Holdings, Inc. (the Company or Hertz) has made the strategic decision to sell approximately 20,000 electric vehicles (EVs) from its U.S. fleet, or about one-third of the global EV fleet. These vehicle dispositions, which were initiated in December 2023 and are expected to take place in an orderly fashion over the course of 2024, will cover multiple makes and models.EVs held for sale will remain eligible for rental within the Companys fleet during the sales process. The Company expects to... More
