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The Latest Breaking News from Hertz

Holidaymakers face soaring car hire costs as shortages drive up prices

A doubling of prices is due to hire firms selling stock in lockdown, and now paying top dollar to rebuild their fleets

The Guardian - UK

Dublin Airport car rentals prices slammed as 'crazy' by passengers

It comes as a recent report showed that car hires are also rising across Europe

Dublin Live

Coming Soon: Order A Tesla Or Polestar For Your Uber Ride Across The World In These Cities

Uber Technologies Inc (NYSE: UBER) will soon let users in select cities across the world book a Tesla Inc (NASDAQ: TSLA) or a Polestar electric vehicle for their rides

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

Hertz And Shelby Debut A 900-HP Ford Mustang You Can Rent This Summer

A 450-hp Shelby-tuned Mustang will also be available to rent as a coupe or convertible.

Motor1

Hertz Teases New Shelby GT500 Rental Car Ahead Of May 10 Debut

It looks like the black-and-gold coupe is back.

Motor1

Hertz Chief Sees Business Travel Recovery Choking Already Strained Used Car Supply: CNBC

Hertz Global Holdings, Inc (NASDAQ:HTZ) chief Stephen Scherr saw a recovery in business travel and possibly choking the already packed supplies of rental cars, CNBC’s Jim Cramer reports. However, the rebound of business travel is still in its early stages compared to leisure travel, Scherr said. He saw the in-bound visitor from…

Benzinga

Elon Musk net worth: How many companies does he have and what are their plans?

Elon Musk recently offered to buy Twitter for an eye-watering $43.4 billion (£33.2 billion). If successful, it will be another mega-company added to his ever-growing list, but how many does he own and what is his net worth?

Daily Mirror

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Market Rally Falters As Hawkish Fed Slams Techs; Musk Buys Twitter Stake, Holds Tesla 'Rodeo': Weekly Review

A hawkish Fed sent the market rally to "under pressure." Elon Musk bought a big Twitter stake and held a Tesla Austin grand opening "rodeo."

Investors Business Daily

Tesla, BYD, Hertz And More: Top EV News Apr 8, 2022

With each new week of 2022, it seems the EV news just grows and becomes more compelling. Check out the latest stories to share with family and friends.

InsideEVs

Hertz CEO Admits False Arrests Over Rented Cars Have Happened

He has confidence that the company will reach a settlement with customers.

Motor1

Hertz Agrees to Buy 65,000 Electric Vehicles From Polestar

Hertz Global Holdings Inc. agreed on Mondayh to purchase up to 65,000 electric vehicles over five years from the Swedish auto maker Polestar, part of the rental-car company's goal of expanding its plug-in offerings.

Bangkok Post

Hertz Signs Deal To Buy 65,000 Polestar EVs For Its Fleet

Hertz will initially order Polestar 2 EVs, but did not say if the entire order of 65,000 vehicles will also include other upcoming models from the Swedish firm.

InsideEVs

Hertz Buying 65,000 Polestar EVs For Its Rental And Retail Fleet

Supporting the goal of becoming the largest EV rental fleet in North America.

Motor1

Rent This Tesla Rival Amid Rental Car Shortage

Hertz is bulking up its EV entourage to take advantage of the travel season.

The Street

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Investors Business Daily

Tesla Stock Races Ahead On Strong Deliveries; Startup Rival Polestar Partners With Hertz

Tesla reported strong Q1 deliveries. CEO Musk took a 9% stake in Twitter. Rival Polestar partnered with Hertz. Tesla stock rose.

Benzinga

Why Gores Guggenheim Shares Are Rising Today

Gores Guggenheim Inc (NASDAQ: GGPI) shares are trading higher Monday after Polestar announced an agreement with Hertz Global Holdings Inc (NASDAQ: HTZ).

The Guardian - UK

How to save on car hire – and avoid getting ripped off

From just saying ‘no’ to the hard sell, to taking photographic evidence of every possible scratch or blemish

InsideEVs

Tesla Model Y Joins Model 3 In Hertz's EV Rental Fleet

Hertz has added the Tesla Model Y to its website's electric vehicle page and judging by the listed specifications, the vehicles are in Long Range AWD trim.

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news in one place.

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Benzinga

Tesla's More-Expensive Model Y Finds Its Way To Car Rental Firm Hertz's Fleet

Hertz Global Holdings Inc (NASDAQ: HTZ) has started adding Tesla Inc’s (NASDAQ: TSLA) mid-size sports utility vehicle Model Y to its fleet, the car rental firm&rsquo

The Independent UK

Hundreds of Hertz customers say they were accused of bogus theft claims after renting cars – some were even arrested

The troubled car rental giant is facing a lawsuit from 232 people who claim they were falsely accused of stealing vehicles, Io Dodds reports

Los Angeles Times

Michael Hiltzik: Renting a car from Hertz? You could wind up in jail

Tederhi Usude, a dentist from Santa Clarita, California, rented a car from Hertz in June 2020 to drive to a job at a nonprofit health clinic in rural Mendocino County. He extended the rental several times with Hertz's permission and paid a total of $7,000.

The Street

Uber Has an Answer to High Gas Prices (You Won’t Like It)

Uber has come up with a temporary solution to help its drivers and couriers relieve the impact of high gasoline prices.

Benzinga

Rental Car Companies Mull Electrification: Reuters

The rental car industry, after a stellar performance boosted by the pandemic, is poised to embrace electrification, Reuters reported. Asian automakers could enter the electric transition, dominated by companies in the west, mainly in the U.S. and Europe. The report quoted Olivier Baldassari, group chief countries, and operations officer at rental…

The Guardian - UK

A car rental company has banned my wife – but compared with some Hertz customers she may have got off lightly

The firm is being sued by hundreds of clients who allege it made false theft reports against them. Hertz has denied it – but could it be another Post Office scandal?

Motor1

230 Hertz Customers Allege False Arrest Over Rentals Reported Stolen

A recent court ruling revealed that Hertz files an average of 3,365 stolen vehicle reports a year.

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