Hertz reports Q3 profit driven by lower costs and retail sales gains, sending shares up 34% amid signs of a turnaround.

Hertz Global Holdings Inc. posted better-than-expected profit as the company made strides reducing the costs of its rental fleet, a move that helped offset falling revenue in the quarter.

Shares of global car rental company Hertz (NASDAQ:HTZ) jumped 6.2% in the afternoon session after investors reacted ...

When Hertz announced buying 100,000 Teslas in 2021, many thought this would be a success story. Hertz confirmed in September that demand for Tesla cars in its fleet has been very strong, although ...

Another week, another Hertz screwup. According to CBS News, Hertz employees of New York’s Syracuse airport rental counter decided to “abandon” their posts early, leaving incoming travelers stranded ...

Hertz is moving on with its plan to buy more electric vehicles, even though its parking lots are full of unrented Tesla models. While the former happens in Europe, the latter takes place in the U.S., ...

Hertz is ending a popular car-rental program that had given scores of Uber and Lyft drivers across the Twin Cities a lifeline to continue driving for a living when their own vehicles broke down.

Tesla Model 3 and Model Y vehicles in Hertz's rental fleet are now compatible with the EV maker's mobile app. This allows Hertz customers to use the Tesla app to unlock more functionality from the ...