Why Hertz is dropping thousands of electric cars from its fleet
CarExpert
JANUARY 11, 2024
The 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,” said Mr Scherr. While Hertz is moving away from EVs, Americans are buying them in record numbers.
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