but it wasn’t an easy environment to operate. In 2021, the industry was so constrained in vehicle supply that nearly every market was under-fleeted. What we’re now seeing is not just overall strength across the Americas but also more distinction between hot markets versus average markets;...
Hertz Global Holdings’ move to cut its electric vehicle fleet by a third—a bad sign for makers of the cars—highlights the different strategies of Hertz and its most important rival, Avis Budget Group. In a securities filing early Thursday, Hertz said it would be selling about 20,000 vehi...