
Says Tesla price cuts, higher repair cost affecting its bottom line.
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Plans to increase its fleet’s EV makeup from 10% to 25%.
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Hertz has partnered with BP Pulse, BP oil company’s EV charging arm, to build a network of electric vehicle charging stations across the U.S.
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“Retail margin” sales could bring carmaker “thousands” of EV customers.
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GM entered agreement with the rental car company to funnel more loaner vehicles to dealerships amid the global microchip shortage.
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As the semiconductor shortage slashes vehicle production, rental car companies are taking extreme measures to bolster their fleets. The businesses are buying used vehicles at auction.
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