Remove Buy Remove Fleet Remove Maintenance Remove Price
article thumbnail

Hertz continues to feel EV losses, plans to dump more from its fleet

Teslarati

Hertz ( NASDAQ: HTZ ) reported its earnings for the first quarter of 2024 today, announcing that it is continuing to lose money on its electric vehicle investment and plans to dump even more EVs from its fleet. In October 2021 , Hertz said it intended to buy $4.2 The losses continued in Q1. billion in Tesla EVs from the company.

Fleet 145
article thumbnail

Tesla price cuts hinder Hertz earnings as it misses profit estimates

Teslarati

Tesla’s price cuts throughout the third quarter provided challenges for rental company Hertz ( NASDAQ: HTZ ), who adopted the electric automaker’s vehicles in 2021 for its fleet. The swings in pricing hindered Hertz’s Q3 earnings report, as it missed profit estimates. I’d love to hear from you!

Price 144
article thumbnail

Hertz reports earnings beat with updates on EV fleet

Teslarati

Hertz ( NASDAQ: HTZ ) reported an earnings beat today that its electric vehicle (EV) fleet adoption and expansion partially contributed to. The rental agency has taken on a widespread EV adoption strategy to help alleviate costs and maintenance within its rental fleet.

Fleet 142
article thumbnail

How to Buy a Car Online

Clean Fleet Report

How to Buy a Car Online A Step-by-Step Guide To Remove Risk This article may contain affiliate links. In this article, we’ll detail a step-by-step guide on how to buy a car online so you can proceed in an informed manner. Decide on a Budget Setting your budget is crucial, whether you buy a car traditionally or online.

Buy 74
article thumbnail

6 Things You Should Check Before Buying a Classic Car

Clean Fleet Report

6 Things You Should Check Before Buying a Classic Car Tips to Ensure You Get Your Dream Car & Not a Nightmare This article may contain affiliate links. Whether you’re a seasoned collector or a newbie with a passion for vintage automobiles, the prospect of buying a classic car is undeniably thrilling.

Buy 75
article thumbnail

Critical Tips for Buying a Used Car

Clean Fleet Report

Critical Tips for Buying a Used Car Use these To Save Money and Have a Smooth Purchase This article may contain affiliate links. Buying a used car can be an exciting and cost-effective option, but it’s essential to approach the process with caution. These may indicate previous damage or poor maintenance.

Buy 68
article thumbnail

Factor in V2G Revenue When Planning Fleet Electrification

Driivz

Public and private fleet owners are under increasing environmental and government pressure to reduce carbon emissions by switching to electric vehicles (EVs). EVs of all classes offer fleet owners significant advantages over internal combustion engine (ICE) vehicles. All these costs must be factored into achieving TCO targets.

Fleet 96