After-Hours Movers: Cognex Up on Guidance Hike, Ford Falls on Inflation Pressures
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- Wall St slips as steep oil prices stoke inflation concerns ahead of CPI
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Hertz (HTZ) Announces Major EV Expansion with General Motors (GM)
September 20, 2022 12:18 PM EDTHertz Rental Car (NASDAQ: HTZ) announced, alongside General Motors (NYSE: GM), a major deal that would see the rental company order up to 175,000 Chevrolet, Buick, GMC, Cadillac and BrightDrop EVs over the next five years. The agreement will encompass electric vehicle deliveries through 2027 as Hertz increases the EV component of its fleet and GM accelerates production of EVs broadly.
"It's exciting that two iconic American companies that have shaped the evolution of transportation for... More
