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hertz

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AffordabilityArrow ElectronicsAutomotive DiscountsAutomotive IndustryBusiness News
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AffordabilityArrow ElectronicsAutomotive DiscountsAutomotive IndustryBusiness NewsCar DepreciationCar RentalsCar SalesChevy BoltCleo software

Most Read

1
Clop Ransomware Strikes Again: 59 Organizations Allegedly Breached
2
Snag a Tesla for Under $20K: Hertz Launches Unbelievable Sale on Model 3s!
3
Hertz Sparks EV Debate with Tesla Model 3 Blowout Sale
4
Hertz's Bold Tesla Bet Hits a Speed Bump: An Electrifying Fail
5
Hertz Makes a U-Turn: Discounted Teslas Hit the Market!

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Clop Ransomware Strikes Again: 59 Organizations Allegedly Breached

The notorious Clop ransomware gang has claimed responsibility for breaching 59 organizations by exploiting vulnerabilities in Cleo’s file transfer software. However, numerous companies, including Hertz and Arrow Electronics, have denied being compromised. Covestro confirmed a limited breach but downplayed its significance. The incident underscores the heightened threat of supply chain attacks and the need for robust cybersecurity measures.

Jan 17
Clop Ransomware Strikes Again: 59 Organizations Allegedly Breached

Snag a Tesla for Under $20K: Hertz Launches Unbelievable Sale on Model 3s!

Hertz is shaking up the EV market by offering used Tesla Model 3s for under $20,000, a price point that's turning heads given Tesla's usual premium tag in the second-hand market. This move could transform buyer access to EVs, but raises questions about the fleet's condition.

Jan 5
Snag a Tesla for Under $20K: Hertz Launches Unbelievable Sale on Model 3s!

Hertz Sparks EV Debate with Tesla Model 3 Blowout Sale

Hertz's massive Tesla Model 3 fire sale, with prices as low as $20,000, is shaking up the EV market. Offering these vehicles at such a bargain comes in response to unexpected repair costs and depreciation challenges. As the company shifts focus back to traditional cars, this move highlights the broader slowdown in EV sales growth and forces a rethink on EV strategies.

Dec 31
Hertz Sparks EV Debate with Tesla Model 3 Blowout Sale

Hertz's Bold Tesla Bet Hits a Speed Bump: An Electrifying Fail

Hertz's ambitious move to electrify its rental fleet by purchasing 100,000 Teslas in 2021 has backfired spectacularly. Despite the initial buzz and a Tom Brady ad campaign, demand for Hertz's Teslas dwindled due to high repair costs and a preference for gasoline cars. Now, Hertz is selling off its Tesla fleet at a loss and shifting its strategy back to petrol-powered vehicles, reconsidering their goal to have 25% of the fleet as EVs by the end of 2024.

Dec 28
Hertz's Bold Tesla Bet Hits a Speed Bump: An Electrifying Fail

Hertz Makes a U-Turn: Discounted Teslas Hit the Market!

In an unexpected move, Hertz is offering discounted Teslas to its rental customers, hinting at a strategy to trim down its electric vehicle fleet. This comes after a hefty investment in 100,000 Teslas just three years ago, followed by recent sales of 20,000 EVs. The discounted offer includes a 2023 Model S at just under $18,000, significantly slashed from its original $39,000 price tag. Is Hertz reshaping its EV strategy, or simply responding to market dynamics?

Dec 28
Hertz Makes a U-Turn: Discounted Teslas Hit the Market!

Hertz Hits the Brakes on Tesla Fleet: What Went Wrong?

In a surprising U-turn, Hertz is drastically cutting down its Tesla fleet, citing financial losses and infrastructure challenges. Less than three years after a massive purchase of 100,000 Teslas, the rental giant plans to sell a hefty portion of these EVs by late 2024. The abrupt pivot, particularly impacting operations at San Francisco International Airport, underscores the hurdles faced by companies embracing electric vehicles, from inadequate charging infrastructure to market volatility.

Dec 27
Hertz Hits the Brakes on Tesla Fleet: What Went Wrong?

Hertz Shakes Up the EV Market with Rental Buyout Offers

In a surprising move, Hertz emails customers offering to sell their current electric vehicle rentals, including Teslas and Polestars, at competitive prices. This strategic shift aligns rental and sales channels, touting a 12-month warranty on used cars. Despite recent challenges and a scaled-back EV fleet, Hertz seeks to attract budget-conscious buyers and potentially boost EV adoption.

Dec 27
Hertz Shakes Up the EV Market with Rental Buyout Offers

Hertz's Bold EV Gamble: A Tesla Tale of Turmoil?

Hertz is making headlines as it attempts to sell off its Tesla rental fleet. As consumers express mixed reactions, the move highlights challenges in EV adoption for rental companies. The hectic sale raises questions about Tesla's role in fleets, Hertz's strategy, and the broader impact on the EV market.

Dec 26
Hertz's Bold EV Gamble: A Tesla Tale of Turmoil?