High damage and collision costs are one of the reasons Hertz is selling off 20,000 BEVs, including Teslas, from its U.S. fleet, and pausing plans to buy 65,000 BEVs from Swedish BEV maker Polestar over five years.
With inflation abating and the stock market climbing to record highs, Detroit’s two largest automakers say they are forecasting big profits and sales in 2024.
