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Newsby Staff and News ReportsMarch 18, 2024

Hertz CEO Stephen Scherr to Step Down March 31

Former Delta Airlines COO Gil West will succeed Scherr, previously a three-decade executive leader at Goldman Sachs, on April 1.

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Newsby News/Media ReleaseMarch 14, 2024

What Rental Fleet EV Selloff Says About Future of Electrification

Managing EV charging expenses and payments can help smooth the transition to running electric fleet vehicles.

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Newsby Staff and News ReportsFebruary 7, 2024

Hertz Records Q4 Losses Amid EV Fleet Fallout

The declining resale values of electric rental fleet vehicles and consumer reluctance is generating financial headwinds for the global car rental company.

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Newsby Staff and News ReportsFebruary 6, 2024

Hertz Nixes Plans to Buy Polestar Electric Vehicles

The latest decision follows a one-third cut in Hertz's existing EV fleet as customers and consumers are not embracing EVs as much as expected.

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Newsby Martin RomjueJanuary 11, 2024

Hertz to Replace One-Third of EV Fleet with ICE Vehicles

In another high profile indicator of consumer EV skepticism, the auto rental giant will sell off the EVs to avoid further financial losses.

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Newsby Staff and News ReportsNovember 5, 2023

Hertz Adjusts EV Plans Amid Unforeseen Challenges

The car rental giant is running into some realities about its electric vehicles prompting a "not so fast" approach to fleet electrification.

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Articlesby Martin RomjueAugust 31, 2023

LAX Area Charging Depot Carries a Heavy Hertz EV Load

The most powerful electric vehicle charging facility near Los Angeles International Airport equips its operations to handle demand from the rental car company that runs the most electric vehicles.

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Newsby News/Media ReleaseSeptember 27, 2022

Hertz, BP Partner on EV Charging in North America

The car rental operator plans to install a national network of EV charging solutions for Hertz, its customers, and the public, powered by BP Pulse.

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Newsby News/Media ReleaseMay 19, 2022

Polestar Sells 13,600 Units in First 4 Months of 2022

The tally more than doubles last year's comparable period. Orders for Polestars have more than tripled to nearly 23,000 in the same period.

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Newsby Ralph MortonApril 4, 2022

European Fleets Will Benefit First from Hertz/Polestar Deal for 65,000 Electric Cars

Availability of the Polestar 2 will be spring 2022 in Europe followed by late 2022 in North America and Australia.

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