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16 mentions found


☆ Hertz CEO out following electric car ‘horror show’
  + stars: | 2024-03-18 | by ( Chris Isidore | ) edition.cnn.com   time to read: +5 min
New York CNN —Trouble and turmoil continue at rental car company Hertz. But the problem for Hertz wasn’t necessarily that the cars were electric, and customers simply do not want to drive electric cars. There might not be a charging station, or enough time, for a rental car customer to charge an EV, Ives said. These cases sometimes resulted in Hertz customers being arrested and even imprisoned. Scherr wasn’t the one who decided to make the big bet on EV demand by rental car customers.
Persons: Stephen Scherr, Goldman Sachs, He’ll, Gil West, Hertz, EVs, Tesla, ”, Daniel Ives, Ives, ” Ives, Scherr, Mark Fields, Ford, Paul Stone, Stone Organizations: New, New York CNN, Hertz, Delta Air Lines, General Motors, American, Wedbush Securities, EV, Volvo, Avis Budget Group, Tesla, Avis Budget, Enterprise Locations: New York, EVs, Tesla, Polestar
☆ Teslas crash more than gas-powered cars. Here’s why
  + stars: | 2024-01-18 | by ( Peter Valdes-Dapena | ) edition.cnn.com   time to read: +6 min
Hertz CEO Stephen Scherr noted that the costs of repairs of an electric vehicle are also much higher. Scherr’s statements echoed findings by insurance analysts at LexisNexis who found that, when vehicle owners switch from gasoline-powered cars to electric cars, they tend to crash more. Drivers also tend to crash somewhat more when switching to gas-powered vehicles, too, but the increase is more pronounced with EVs. Mostly a Tesla thingIn both cases – with Hertz and with LexisNexis – “electric vehicles” largely means Teslas. That suggests there may be something about Teslas that’s causing people to crash more than other cars.
Persons: CNN — Hertz, Stephen Scherr, Teslas, Xiaohui Lu, Lu, Tesla, ” Organizations: CNN, Hertz, EV, LexisNexis, Drivers, Data, Tesla, BMW Locations: China, US
☆ Hertz is selling 1/3 of its electric cars to buy gas cars instead
  + stars: | 2024-01-11 | by ( Peter Valdes-Dapena | ) edition.cnn.com   time to read: +3 min
CNN —Hertz, which has made a big push into electric vehicles in recent years, has decided it’s time to cut back. And EV price declines in the new car market have pushed down the resale value of Hertz’s used EV rental cars. Simply put, people are generally willing to pay a certain amount less for a used car than for a new one. Tesla makes up about 80% of Hertz’s EV fleet, and, altogether, EVs make up about 11% of Hertz’s total rental fleet. Again, Teslas, which make up 80% of Hertz’s EV rental fleet, are mostly the problem in both these areas, he has said.
Persons: CNN — Hertz, Hertz’s financials, ” Hertz, Stephen Scherr, Tesla, ” Scherr, Hertz, EVs, “, Scherr, ” Organizations: CNN, SEC, EV, Hertz, GM Locations: EVs
☆ Beck, Edwards Account for 2 TDs Each and No. 1 Georgia Thumps Florida 43-20 in 'Cocktail Party'
  + stars: | 2023-10-28 | by ( Associated Press | Oct. | At P.M. | ) www.usnews.com   time to read: +4 min
JACKSONVILLE, Fla. (AP) — Carson Beck threw two touchdown passes in his hometown, Daijun Edwards ran for two scores and No. 1 Georgia dominated Florida 43-20 Saturday to extend its winning streak to 25. Coach Kirby Smart’s team scored on its first four possessions and stuffed the Gators (5-3, 3-2) early and often. Edwards ran for 95 yards and now has four TDs in the last two games in the series. The spotlight on the field intensified when Florida linebacker Shemar James appeared to tweak his left knee during pregame warmups.
Persons: — Carson Beck, Daijun Edwards, Kirby Smart’s, Graham Mertz’s, Trevor Etienne, Etienne, Billy Napier didn’t, Edwards, Mertz, Beck, Ladd McConkey, Brock Bowers, Florida’s Mertz, Tre Wilson, Bowers, Jacksonville’s, Shemar James Organizations: Bulldogs, Cocktail Party, Division, Jacksonville, Mandarin High School, Gators, AP College Football Poll, Miami, Vanderbilt, Missouri, Arkansas, Napier, AP Locations: JACKSONVILLE, Fla, Georgia, Florida, South Carolina
☆ Julie Ertz to play in final US women’s national team match against South Africa
  + stars: | 2023-09-21 | by ( Amy Woodyatt | Aimee Lewis | ) edition.cnn.com   time to read: +2 min
ET Thursday will see the two-time Women’s World Cup winner and two-time Olympian earn her 123rd and final cap for the US. She announced her retirement last month, adding that she made the decision “with immense emotion and processing.”Ertz controls the ball against Sweden in what would be her final Women's World Cup match. Jenna Watson/USA TODAY Sports/ReutersErtz, 31, was an integral member of the US teams which won the Women’s World Cup in 2015 and 2019. She represented the US women’s team on 122 occasions, losing just five matches and scoring 20 goals during her 10-year international career. Ertz, pictured as the US celebrates its victory over the Netherlands at the 2019 Women's World Cup final, was an integral member of the US teams which won women's soccer's showpiece event in 2015 and 2019.
Persons: Julie Ertz, Jenna Watson, Reuters Ertz, Richard Heathcote, Ertz, “ There’s, Momma can’t, Momma, ” Ertz, Madden, Twila Kilgore, Ertz’s Organizations: CNN, US, National, TQL, Sweden, USA, Reuters, Getty, Chicago Red Stars, US Soccer, National Women’s Soccer League, Angel City, Interim, “ Locations: South Africa, Cincinnati, Netherlands, Angel, Australia, New Zealand, Interim US
☆ Florida Upsets No. 11 Tennessee 29-16 for the Gators' 10th Straight Victory at Home in the Series
  + stars: | 2023-09-16 | by ( Associated Press | Sept. | At P.M. | ) www.usnews.com   time to read: +4 min
GAINESVILLE, Fla. (AP) — Trevor Etienne ran for a career-high 172 yards and a touchdown, Montrell Johnson scored twice and Florida upset No. 11 Tennessee 29-16 on Saturday night to extend the Volunteers’ losing streak in Gainesville to 10. Graham Mertz and Florida were much more comfortable in front of 90,751, the 12th-largest crowd at Florida Field. THE TAKEAWAYTennessee: The Volunteers outgained Florida 393-349 in yards, but Milton threw an interception in the first half and never found a rhythm. Florida: The Gators have rebounded nicely from an error-filled opener at then-No.
Persons: — Trevor Etienne, Montrell Johnson, Graham Mertz, Omari Thomas, Tennessee's Kamal Hadden, Florida's Micah Mazzccua, Mazzccua, Florida's Damieon George, Thomas, Josh Heupel, Billy Napier, Napier, Phillip Fulmer, Lane Kiffin, Derek Dooley, Butch Jones, Jeremy Pruitt, FanDuel, —, Joe Milton, Tennessee’s, Scooby Williams, Jaylen Wright, Milton, Mertz, Etienne, Johnson, Kurott Garland, offsides, Tre Wilson, Mertz’s, Adam Mihalek, Mihalek, Trey Smack, Charlotte Organizations: Volunteers, Florida, Tennessee, LSU, Florida State, Gators, Vols, McNeese, East Division, Associated, NEXT, University of Texas, San Antonio, UTSA, AP Locations: GAINESVILLE, Fla, Florida, Tennessee, Gainesville, Georgia, Knoxville, Utah, San
☆ A New Era of Soccer Moms Navigates a Rapidly Changing Game
  + stars: | 2023-07-31 | by ( Juliet Macur | ) www.nytimes.com   time to read: +1 min
Julie Ertz was on the clock. On one sunny morning in May, Ertz, a defender for the United States women’s soccer team, rolled out of bed early to dress and feed her infant son, Madden, and pack him for a trip. Then she scrambled to collect her soccer gear and headed off to a meeting with her club team, which was followed by several hours of practice. As Ertz, 31, described this crazy schedule and her daily challenges juggling roles as a soccer star and a first-time mother, her eyes filled with tears. “I didn’t know if I’d be back,” she said of returning to soccer only months after Madden’s birth, in hopes of playing in her third Women’s World Cup.
Persons: Julie Ertz, Madden, Ertz, Ertz’s, Zach Ertz, Julie, Zach, I’d, ”, “ Organizations: United, soccer, Phoenix, Arizona Cardinals, National Women’s Soccer League, Angel City F.C, Madden Locations: Ertz, United States, Los Angeles, East Coast
☆ Women’s World Cup: Italy Starts a 16-Year-Old, and Germany Leans on Its Experience
  + stars: | 2023-07-24 | by ( Juliet Macur | The New York Times | ) www.nytimes.com   time to read: +16 min
Women’s World Cup: Italy Starts a 16-Year-Old, and Germany Leans on Its Experience Italy’s Giulia Dragoni became one of the youngest players ever to appear in the tournament. Credit... Hannah Mckay/Reuters Morocco’s presence at the Women’s World Cup already has yielded a string of notable moments. Italy vs. Argentina Italy reached the quarterfinals of the last World Cup, a solid result after a 20-year absence from the tournament. The Brazilian legend is appearing in her sixth World Cup at age 37, and still hoping to capture an ever-elusive title. The South Koreans have made it to the knockout stage once in three previous World Cup appearances, in 2015.
Persons: Giulia Dragoni, Morocco Asanka Brendon Ratnayake, Hannah Mckay, Morocco James Ross, Robert Cianflone, Hamish Blair, Argentina Phil Walter, Abbie Parr, David Rowland, Argentina Buda Mendes, Panama Bienvenido Velasco, Naomi Girma, Julie Ertz, Alyssa Naeher, Andrew Cornaga, Vlatko Andonovski, Ertz, Andonovski, Alana Cook, Girma, ” Girma, Becky Sauerbrunn, Sauerbrunn, ” Andonovski, Nouhaila, Nouhaila Benzina, Prince Ali bin al, Hussein, Benzina, Morocco’s, Reynald Pedros, Ghizlane, Chebbak, “ It’s, ”, Megan Rapinoe, Quinn, Pedros, Sam Kerr, Australia’s Sam Kerr, Darren England, Kyra Cooney, Kerr, “, Sam, ” Cooney, we’re, Sam’s, ZT8aF7puDp — Tracey Holmes, Cooney, Cristiana, Phil Walter, Marta, Pia Sundhage, Milena Bertolini, Little Messi, Chiara Beccari, Italy nabbed, Cristiana Girelli Organizations: Morocco, Reuters, Associated Press, Argentina, Getty, Panama, Group, Argentina Cristiana, Brazil Group, Vietnam, United States, Tokyo Olympics, Portugal, U.S, North, Germany, FIFA, Moroccan, BBC, ., Ireland, United, European Locations: Germany, Morocco, Reuters Germany, Reuters Morocco, Associated Press Italy, Italy, Associated Press Argentina, Reuters Italy, Argentina, Brazil, Panama, Alyssa Naeher ., United States, Ertz, Netherlands, United, Vietnam, Melbourne ., Arab, France, Moroccan, Melbourne, Brisbane, Australia, Nigeria, Colombia, South Korea, Argentina Italy
☆ Hertz Names First CMO Since 2020 Amid New Focus on Electric Vehicles
  + stars: | 2022-12-08 | by ( Patrick Coffee | ) www.wsj.com   time to read: +4 min
Hertz Global Holdings Inc. named former GE Appliances marketer Wayne Davis as its new chief marketing officer, making him the first CMO at the car rental services company since 2020, a spokesman said. The company’s most recent chief marketing officer, Jodi Allen, died in 2020. Newsletter Sign-up WSJ | CMO Today CMO Today delivers the most important news of the day for media and marketing professionals. Electrification “speaks to mobility, and it speaks to making Hertz a brand for the future,” Mr. Davis said. Mr. Davis previously spent more than a decade at General Electric’s appliances division, which became GE Appliances after being acquired by Haier Smart Home Co. Ltd. in 2016.
☆ Hertz settles lawsuits over hundreds of alleged false arrests
  + stars: | 2022-12-05 | by ( Peter Valdes-Dapena | ) edition.cnn.com   time to read: +1 min
CNN —Hertz will pay $168 million to settle 364 claims related to the company falsely reporting rental cars as stolen. Some of those involved in lawsuits against Hertz reported being held at gunpoint by police and spending days in jail before the false reports were worked out. In one case, a person claimed it took two years for the case against them to be resolved. The settlement will resolve 95% of pending claims against Hertz regarding these sorts of false arrest claims, the company said. Scherr had said in an April interview with CNBC that the cases involved “1/100 of one percent” of Hertz customer transactions.
☆ World Cup 2022 - Germany 1-2 Japan: Late Ritsu Doan and Takuma Asano goals earn shock victory
  + stars: | 2022-11-24 | by ( Charlotte Marsh | ) www.cnbc.com   time to read: +11 min
Japan celebrates during a FIFA World Cup Qatar 2022 Group E match against Germany at Khalifa International Stadium on Nov. 23, 2022 in Doha, Qatar. Marc Atkins | Getty Images Sport | Getty ImagesEach Japan goal was greeted with a team bundle at the corner flag, and there were joyous celebrations at full-time. For Germany, their poor World Cup form continues, having finished bottom of their group at the 2018 tournament. After having two earlier efforts blocked, Gundogan stepped up and expertly dispatched his spot-kick to see the four-time World Cup winners in front. We made mistakes that we should never commit especially in a World Cup and those are the things that we need to improve on."
☆ 'Say Hey, Willie Mays!' review: The baseball great gets his due from an HBO documentary that makes one error
  + stars: | 2022-11-07 | by ( Review Brian Lowry | ) edition.cnn.com   time to read: +3 min
CNN —If you subscribe to the theory that Willie Mays was the greatest baseball player who ever lived, consider “Say Hey, Willie Mays!” additional ammunition for bar arguments, as well as a whole lot of fun. Those interviewed include Mays’ godson, Barry Bonds, and note that Mays played a pivotal role in bringing him to the Giants in 1993. Setting that aside, “Say Hey, Willie Mays!” is the kind of treat to help tide over baseball fans through the post-season, giving Mays his due while he’s still around to take a bow. It’s a gift for baseball fans who saw him play before he hung up that golden glove nearly 50 years ago, and maybe even more so, for those who didn’t. “Say Hey, Willie Mays!” premieres November 8 at 9 p.m.
☆ Hertz CFO Sees Limited Impact From Rising Interest Rates on Company Finances
  + stars: | 2022-11-04 | by ( Nina Trentmann | ) www.wsj.com   time to read: +6 min
Kenny Cheung, CFO of Hertz Photo: Hertz Global Holdings Inc.WSJ: How far is Hertz impacted by rising interest rates? If underlying interest rates move by 1%, it will impact our profit and loss [statement] by about $30 million net at current debt levels. On the variable portion of the ABS, we have an interest rate cap in place to manage our exposure to fluctuations in interest rates. WSJ: Does the rapid rise in interest rates lead to you managing working capital more efficiently? The Federal Reserve raised interest rates by another 0.75 percentage point to combat inflation, Chairman Jerome Powell said on Wednesday.
☆ Hertz, BP Partner on Electric-Vehicle Charging Stations
  + stars: | 2022-09-27 | by ( Will Feuer | ) www.wsj.com   time to read: 1 min
Car-rental company Hertz Global Holdings and energy firm BP PLC said they signed a deal to develop and manage a network of electric-vehicle charging stations across North America. BP Pulse, which is BP’s EV charging business, would power and manage Hertz’s charging infrastructure under the memorandum of understanding, the companies said. The charging infrastructure will be open to taxi and ride-sharing drivers, as well as the general public, the companies said.
☆ Hertz, BP to Provide Charging Stations for Electric Rental Cars
  + stars: | 2022-09-27 | by ( Will Feuer | ) www.wsj.com   time to read: 1 min
Car-rental company Hertz Global Holdings and energy firm BP PLC said they signed a deal to develop and manage a network of electric-vehicle charging stations across North America. BP Pulse, which is BP’s EV charging business, would power and manage Hertz’s charging infrastructure under the memorandum of understanding, the companies said. The charging infrastructure will be open to taxi and ride-sharing drivers, as well as the general public, the companies said.
☆ Hertz, BP Partner to Bring EV Charging Stations Across North America
  + stars: | 2022-09-27 | by ( Will Feuer | ) www.wsj.com   time to read: 1 min
Car-rental company Hertz Global Holdings and energy firm BP PLC said they signed a deal to develop and manage a network of electric-vehicle charging stations across North America. BP Pulse, which is BP’s EV charging business, would power and manage Hertz’s charging infrastructure under the memorandum of understanding, the companies said. The charging infrastructure will be open to taxi and ride-sharing drivers, as well as the general public, the companies said.
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