Car rental

Hertz makes ‘agile’ decision to shift strategy and sell EVs, Teslas

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A Hertz Tesla electric vehicle is displayed during the Hertz Corporation IPO at the Nasdaq Market site in Times Square in New York City, U.S., November 9, 2021.  Brendan Mcdermid | Reuters Hertz surprised many onlookers last week when the car-rental company announced it would be selling about a third of its global electric vehicle … Read more

Rental Car Companies Made A Record-Breaking $38.3 Billion In 2023

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Photo: Joe Raedle (Getty Images) When travel bans lifted and the activities of the world resumed in the wake of the COVID-19 pandemic, the folks who had been confined to their homes were eager to hit the road — and they haven’t stopped. This year, the car rental industry earned a record-breaking $38.3 billion, according … Read more