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(Reuters) -Rental firm Hertz Global Holdings said on Thursday it would sell about 20,000 electric vehicles, including Teslas, from its U.S. fleet due to higher expenses related to collision and ...
Hertz is asking some people renting Teslas and other EVs if they want to buy their vehicles. The rental company said last year that it would sell 30,000 EVs amid a slowdown in demand.
Hertz, which has made a big push into electric vehicles in recent years, has decided its time to cut back. The company will sell off 20,000 electric vehicles and use the money they bring to ...
Hertz Car Sales is a division of The Hertz Corporation that sells vehicles that were previously used in the Hertz car rental fleet. [2] Hertz Car Sales is based out of The Hertz Corporation's headquarters in Estero, Florida . [ 3 ]
Shares of Tesla surged on Monday, with the Hertz deal expected to net the electric car maker more than $4 billion. Hertz shakes up rental market, says it will buy 100,000 Teslas for new electric fleet
Hertz Global Holdings, originally known as Rent-a-Car Inc., was founded by Chicago, Illinois native Walter L. Jacobs in 1918. [9] This small car rental operation began with a dozen Model T Ford cars.
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