Hertz is betting big on electric vehicles. It's buying 100,000 Teslas, the largest-ever order by a single buyer. The purchase also represents the biggest move into EVs by a rental car company, by far.

Just like everything else from groceries to apartments these days, car rentals are much more expensive then they used to be. In the last decade, the price of a car rental has gone up by 29.2%, per ...

Hertz, which has made a big push into electric vehicles in recent years, has decided it's time to cut back. The company will sell off a third of its electric fleet, totaling roughly 20,000 vehicles, ...

Just over two years after announcing plans to purchase 100,000 Teslas and another 65,000 electric cars from Polestar for its rental fleets, Hertz is planning to sell off 20,000 of its EVs, according ...

Rental car giant Hertz saw its first profitable quarter in two years. In the third quarter, it earned $184 million, or 42 ...

[Stay on top of transportation news: Get TTNews in your inbox.] Hertz Global Holdings Inc., barely four months out of bankruptcy, placed an order for 100,000 Teslas in the first step of an ambitious ...

Car Rental Service Hertz Global Holdings Inc HTZ reflected on Tesla’s impact on its business during the company’s third-quarter earnings call this week. What Happened: Electric vehicles bear a higher ...

LOS ANGELES (KABC) -- In its famously clever advertising decades ago, their slogan was "Let Hertz put you in the driver's seat." Today, Hertz would like to put you in the driver's seat...of an ...

Hertz has gone from bankruptcy court to buybacks in the span of five months. And Senator Elizabeth Warren is not happy about it. The Massachusetts Democrat wrote Hertz a letter Monday calling the ...

Hertz, which has made a big push into electric vehicles in recent years, has decided it's time to cut back. The company will sell off a third of its electric fleet, totaling roughly 20,000 vehicles, ...