Hertz CEO Stephen Scherr told CNBC’s Jim Cramer Thursday that his company will continue buying electric vehicles for its fleet, even though the cars caused some headaches during the last …
Hertz is pumping the brakes on plans to electrify more of its rental car fleet after EV repair costs came in higher than the company anticipated, and after Tesla price …
United Auto Workers members on strike picket outside General Motors’ Detroit-Hamtramck Assembly plant in Detroit, Sept. 25, 2019. Michael Wayland / CNBC DETROIT – Many on Wall Street view potential …
Back when Uber Technologies was going public in 2019, CEO Dara Khosrowshahi gave a low-key warning: The profit gusher would not really begin until the company developed self-driving vehicles, a …