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CEO steps down after being hit with expensive EV repairs and low resale prices following purchase of 100,000 Teslas
https://fortune.com/ ^ | March 15, 2024 at 8:06 PM EDT | BYERIK SCHATZKER, DAVID WELCH, SRIDHAR NATARAJAN AND BLOOMBERG

Posted on 03/17/2024 1:53:17 AM PDT by RomanSoldier19

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To: RomanSoldier19

Well, after all, this is the company that hired OJ Simpson to run through an airport faster than a slow, white Bronco.....


41 posted on 03/17/2024 6:46:26 AM PDT by Bernard (“God’s cruelest punishment is to let you reap what you sow.”)
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To: RomanSoldier19

This is what happens when you don’t stand up to Diaper Joe and his foolish demands.


42 posted on 03/17/2024 6:48:29 AM PDT by Allegra (Does this tagline make my brain look smaller? Слава Україні! 🇺🇦 Русские свиньи, идите домой! Derp)
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To: Carriage Hill

Soon you will be able to pick up an EV car for a song. The law of supply and demand. Too many EV cars and no demand.


43 posted on 03/17/2024 6:49:41 AM PDT by Forward the Light Brigade (. )
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To: RomanSoldier19

From 2023...

https://www.prnewswire.com/news-releases/hertz-and-mayor-adams-launch-hertz-electrifies-new-york-city-301933892.html

Note this bit...

“...Additionally, Hertz is sharing telematic insights from its fleet of connected cars to assist the city in planning for additional public charging infrastructure across all neighborhoods through its Hertz Charging Opportunity Index....”

Okaaay....

I wonder if Hertz got any taxpayer money for Hertz Electrifies...

Inquiring minds want to know.


44 posted on 03/17/2024 6:53:04 AM PDT by mewzilla (Never give up; never surrender!)
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To: mewzilla
Chicago O'Hare International Airport has a 34% market share of Hertz Global Holdings, Inc. operations at the airport.

Source: pg. 93, City of Chicago, Chicago O'Hare Internetational Airport, An Enterprise Fund of the City of Chicago - PDF file

45 posted on 03/17/2024 7:15:10 AM PDT by linMcHlp
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To: oldtech

>First thing any car rental agency should do is set an example of NO EVs for rent...period.<

Last year I rented a Hertz car in IAD. I am so glad I reserved a full size car well ahead of time (it was cheaper than the mid-size). Customer after customer kept coming back in saying the only mid-size cars left are EV and they couldn’t use them. Most went right across the room and rented from Avis.

I ended up with a brand new, 2400 miles, Chevy Malibu. Years ago that would have been considered mid-size. Sometimes the best deals are full size SUVs.

How far we have fallen.

EC


46 posted on 03/17/2024 7:30:05 AM PDT by Ex-Con777
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To: Forward the Light Brigade

And as with dumbassed, idiot windmills, the moronic EV garbage probably can’t be recycled and will be very toxic sitting, not decomposing, long-term in landfills.


47 posted on 03/17/2024 7:36:59 AM PDT by Carriage Hill (A society grows great when old men plant trees, in whose shade they know they will never sit.)
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To: RomanSoldier19

from the Fools Step In Where Angels Fear To Tread Department ..


48 posted on 03/17/2024 8:43:13 AM PDT by catnipman (A Vote For The Lesser Of Two Evils Still Counts As A Vote For Evil)
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To: BobL
So some numbskull who bought an EV several years ago shows up at a dealer hoping to trade-in his EV to buy another car

Anybody that bought an ICE car during the last few years with a substantial dealer mark up are likely hosed as well as EV owners getting slammed for depreciation. People that leased during this period are likely patting themselves on their backs...

49 posted on 03/17/2024 10:37:14 AM PDT by EVO X ( )
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To: linMcHlp

“DIGITAL-FIRST”

WHAT EXACTLY DOES THAT MEAN??


50 posted on 03/17/2024 11:00:59 AM PDT by ridesthemiles (not giving up on TRUMP---EVER)
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To: ridesthemiles

“digital-first”

Corporate-ly-correct-speak, like:

- moving forward
- going forward
- we’re excited
- DEI
- sustainability
- impact
- our values
- gender-something

and other “peaceable kingdom” buzzwords from government, hippy, social, and business “leaders.”


51 posted on 03/17/2024 11:16:20 AM PDT by linMcHlp
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To: jonascord
Next time, fur shur...

But not for Scherr.

-PJ

52 posted on 03/17/2024 11:21:14 AM PDT by Political Junkie Too ( * LAAP = Left-wing Activist Agitprop Press (formerly known as the MSM))
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To: RomanSoldier19

is not hertz the rental car company that was have car renters arrested for “not returning” the cars even tho thay had the paper work stating they had??? the reason hertz went belly up


53 posted on 03/17/2024 12:38:12 PM PDT by markman46 (engage brain before using keyboard!!!)
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To: linMcHlp
“He holds a J.D. from Harvard Law School and an A.B. from the Woodrow Wilson School of Public and International Affairs at Princeton University.”

Dollars to donuts, he has never turned a wrench to repair a vehicle. Soft hands.

54 posted on 03/17/2024 2:28:22 PM PDT by HonkyTonkMan ( )
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To: RomanSoldier19

wanna bet the bank required a certain esg score to renew loans?

buying evs upped their esg score

wanna bet?


55 posted on 03/17/2024 2:52:02 PM PDT by joshua c
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To: joshua c

56 posted on 03/17/2024 3:23:06 PM PDT by RomanSoldier19 (Res ad Triarios venit;“We are your ghosts, in this game played by monkeys, organized by lunatics” )
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