Hertz Selling 20,000 EVs in the U.S., to Reinvest in Gas-Powered Vehicles
Updated Jan. 11, 2024 10:59 am ET
Hertz is selling about a third of its global electric vehicle fleet, citing weaker demand for its electrified rentals.
The car-rental company said in a regulatory filing on Thursday that it would use part of the proceeds from selling about 20,000 EVs in the U.S. to purchase internal-combustion-engine vehicles.
Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Updated Jan. 11, 2024 10:59 am ET
Hertz is selling about a third of its global electric vehicle fleet, citing weaker demand for its electrified rentals.
The car-rental company said in a regulatory filing on Thursday that it would use part of the proceeds from selling about 20,000 EVs in the U.S. to purchase internal-combustion-engine vehicles.
Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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