Hertz Slows Down EV Plans As Tesla Price Cuts, Repair Costs Affect Profits

Deutschland Nachrichten Nachrichten

Hertz Slows Down EV Plans As Tesla Price Cuts, Repair Costs Affect Profits
Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen
  • 📰 InsideEVs
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Hertz currently has around 50,000 EVs in its fleet, of which 35,000 are Teslas – far below the original target of 100,000 units announced two years ago.

Last week, General Motors and Ford announced they are pushing back spending on electric vehicles, citing slowing demand for BEVs and the EV price war initiated by Tesla at the start of the year. But it looks like Detroit's biggest automakers aren't the only ones adopting a more cautious approach to EVs.

'MSRP declines in EVs over the course of 2023, driven primarily by Tesla, have driven the fair market value of our EVs lower as compared to last year, such that as salvage creates a larger loss and therefore greater burden,' the CEO said according to CNBC. 'On a unit basis, we achieved productivity gains across most categories of auto. The exception remained vehicle damage costs, particularly those on our EVs,' he added.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

InsideEVs /  🏆 579. in US

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Hertz is putting the brakes on 100,000 TeslasHertz is putting the brakes on 100,000 TeslasHertz announced that it was going to order 100,000 electric vehicles from Tesla, but now it is slowing down its plans to electrify its fleet.
Weiterlesen »

Eldorado Gold updates 2023 guidanceEldorado Gold updates 2023 guidanceCanada-headquartered Eldorado Gold has tweaked its guidance for gold production, cost and capital expenditure (capex) to narrow the ranges, reflecting its updated expectations for the company. Gold production is expected to be 475 000 oz to 495 000 oz, from the previous guidance of 475 000 oz to 515 000 oz.
Weiterlesen »

NJIT gives Seton Hall scare in charity exhibition before Pirates find their shot down the stretchNJIT gives Seton Hall scare in charity exhibition before Pirates find their shot down the stretchSeton Hall outlasted NJIT, 68-60, in game to benefit Team Walker
Weiterlesen »

SF Palestine protest shuts down Central Freeway calling for ceasefire in GazaSF Palestine protest shuts down Central Freeway calling for ceasefire in GazaThousands took over the Central Freeway in San Francisco today in a march calling for an end to the Israeli bombardment of Gaza.
Weiterlesen »



Render Time: 2025-02-25 05:20:33