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Pastimes : Car Nut Corner: All About Cars
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To: Eric who wrote (5366)2/14/2025 3:43:56 PM
From: longz1 Recommendation

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Hertz Lost $2.9 Billion After EV Gamble Didn't Pay Off...


From: Rocket Red2/14/2025 3:02:07 PM
of 233230
Hertz Lost $2.9 Billion After EV Gamble Didn't Pay Off

Happy Valentine’s Day! It’s Friday, February 14, 2025, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know.

1st Gear: Hertz Sells 30,000 EVs After Its Big Bet FailedElectric vehicles might slowly be catching on among regular car buyers, but they still aren’t flying for rental firms. Higher than expected depreciation and increased repair costs got so bad for Hertz that it pledged to sell off thousands of electric cars from its rental fleet, and now the cost the company paid for its electric gamble has become clear.

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