Hertz CEO Stephen Scherr to Step Down March 31
Former Delta Airlines COO Gil West will succeed Scherr, previously a three-decade executive leader at Goldman Sachs, on April 1.
CAS Miami (College Auto Sales of Floria LLC)
United Leasing Inc. DBA United Leasing & Finance
Eckhaus Fleet LLC
Former Delta Airlines COO Gil West will succeed Scherr, previously a three-decade executive leader at Goldman Sachs, on April 1.
Managing EV charging expenses and payments can help smooth the transition to running electric fleet vehicles.
The J.D. Power 2024 U.S. Electric Vehicle Experience Ownership Study identifies pain points in EV ownership, plus evaluates the top influences to customer satisfaction. See which vehicles ranked at the top in overall owner satisfaction.
CAR 2024: What’s next for electric vehicle adoption? A closing keynote “candidate-style” debate will confront the harder realities setting in for mass electrification and whether it’s due for a course correction.
A recent JD Power reliability study shows users find electric vehicles far more troublesome than gasoline and hybrid vehicles.
The declining resale values of electric rental fleet vehicles and consumer reluctance is generating financial headwinds for the global car rental company.
The latest decision follows a one-third cut in Hertz's existing EV fleet as customers and consumers are not embracing EVs as much as expected.
In another sign of EV hesitancy, a new survey shows only 1% of business travelers always rent them when using auto rental companies.
Electric vehicles may seem buggy and expensive now, but prices will inevitably come down as battery technology evolves and EV infrastructure becomes more commonplace.
The industry's first EV-specific valuation algorithm includes proprietary analytics from 100 million real-world EV battery data points.
In another high profile indicator of consumer EV skepticism, the auto rental giant will sell off the EVs to avoid further financial losses.
EV inventory is stacking up on dealer lots as consumers spooked by high prices and sparse charging stations second-guess or resist buying them.
The recent Fleet Forward Conference presented updates to the fleet, used vehicle, and electric vehicle supply and demand.
Analysis: Slowing EV adoption, an expensive UAW labor contract, and higher consumer interest rates will diminish the profits and gains of recent years.
The latest numbers add up to a gutpunch for the resale values of used electric vehicles as the early adopter market for EVs taps out and mainstream vehicle buyers remain cautious.
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