Hertz Global eyes worst day on record as EV rental business falters – ET Auto
Baua Electric
APRIL 25, 2024
“Fleet and direct operating costs weighed on this quarter’s performance,” said Hertz CEO Gil West, who took on the top job earlier this month. The company is slimming down the business due to weak demand, with plans to sell 10,000 more EVs, taking its total planned sales to 300,000 this year.
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