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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.
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Rental fleet sales gain by a fifth compared to last year while commercial fleet sales dip by double digits.
Read More →In another sign of EV hesitancy, a new survey shows only 1% of business travelers always rent them when using auto rental companies.
Read More →Electric vehicles may seem buggy and expensive now, but prices will inevitably come down as battery technology evolves and EV infrastructure becomes more commonplace.
Read More →You may not have a large fleet, but you can still prevail in your market with the right game plan.
Read More →The global auto rental provider and Detroit OEM will apply enhanced technology to improve rental car operations at customer locations.
Read More →Column: An introduction to the rental car industry contrasts with a clueless long-ago viewpoint about the realities of doing business.
Read More →In another high profile indicator of consumer EV skepticism, the auto rental giant will sell off the EVs to avoid further financial losses.
Read More →The annual compendium of stats, info, trends and tidbits points to renewed business activity across the car rental industry.
Read More →The end-of-year tallies show a healthy 28% annual increase across commercial, rental, and government fleet sectors.
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