Road Vehicle Rental/Leasing

Updated Jan. 11, 2024 10:59 am ETHertz 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 ETHertzis selling about a third of its global…

Entrepreneurs are renting out fleets of cars through services including Turo and Getaround, or building their own websites. Entrepreneurs are renting out fleets of cars through services including Turo and Getaround, or building their own websites. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all…

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PARIS—Emma Moreau is planning to vote in just over a week in an unusual referendum: whether the French capital should ban rental services from offering the electric scooters she uses several times a week to zip around town.“It would be a shame if they went away,” the 20-year-old student said on a recent afternoon after swooping through gridlocked traffic on a scooter from U.S.-based Lime. “They’re the fastest way to get anywhere.” Paris in recent years has become one of the biggest electric-scooter rental markets in the…

A Hertz car-rental operation at John F. Kennedy International Airport in New York City. Photo: ANDREW KELLY/REUTERS…

TravelCenters of America Inc. TA -3.06% and Electrify America LLC plan to build around 1,000 electric-vehicle fast chargers across the U.S. starting this year, the latest matchup that would boost the amount of equipment available to American EV drivers who need a jolt of power on road trips.The partnership aims to add fast-charging stalls to around 200 of TravelCenters’ TA and Petro Stopping Centers. Fast chargers available to drivers of any kind of EV are in short…

The Hertz Global Holdings Inc. HTZ 1.34% chairman who helped lead the company through its postbankruptcy reorganization is stepping down and will be replaced by Chief Executive Stephen Scherr. The rental-car outfit said Greg O’Hara, the founder and senior managing director of Certares Management LLC, is stepping down after 18 months at the helm of the board. His firm and…

Hertz Global Holdings Inc. said it would pay about $168 million to settle 364 pending claims related to vehicle-theft reporting, some instances of which have allegedly led customers to face wrongful arrest for car theft. The hundreds of settlements resolve more than 95% of outstanding claims, Hertz said. The company said it doesn’t expect the settlement to have a material impact on its capital allocation plans for the balance of 2022 and 2023. The company also expects to recover a meaningful portion…