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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Eric who wrote (1550009)	7/30/2025 1:31:18 PM
From: Bill	4 Recommendations Recommended By bjzimmy locogringo longz miraje Read Replies (2) \| Respond to of 1574854

Hertz has abandoned its EV ambitions. After a major push to electrify its fleet, including plans to purchase 100,000 Teslas, 175,000 EVs from General Motors, and 65,000 from Polestar, Hertz incurred high repair costs, rapid depreciation, and lower-than-expected demand. As a result, the company decided to sell off approximately 30,000 EVs in 2024, including 20,000 initially announced in January 2024 and an additional 10,000 later that year, citing losses of $440 million due to depreciation and repair issues. The proceeds were used to reinvest in gasoline-powered vehicles to better align with customer demand. [](https://www.autoweek.com/news/a60635964/hertz-rental-ev-losses/)[](https://qz.com/hertz-ev-sales-tesla-rental-cars-1851438100)[](https://www.cnbc.com/2024/01/14/hertz-makes-agile-decision-to-shift-strategy-and-sell-evs-teslas.html)

To: Eric who wrote (1550009)	7/30/2025 2:56:45 PM
From: John Carragher	3 Recommendations Recommended By Bill Broken_Clock longz Respond to of 1574854

gasoline stations got out of motor vehicle maintenance and oil changes 40 years ago. they never made much money in that business and most mechanics were poor business people. A great majority of them would be on ceritified check. COD.. Many went out of the tire business in the mid to late 70's. all car accessary business was given away to local distributors. Stations were then refitted for snack shops and began contracting with business people to these locations. Gasoline profits to these locations would cover the overhead expenses while the market up in stores , would be major source of income. at the same time many stations were closed due to limited size of under ground storage or the area was not longer profitabe due to low gasoline volume. In the early seventies the government also expanded weight requirements. this meant each truck with large storage could take a complete load of approximately 8200 gallons of gasoline. AT the same time early 70's lead in gasoline was eliminated. none of the closings were related to ev. and to my knowledge still haven't. this was also a major change by introducing food markets with gasoline. so food markets opened up with gasoline available at each station. we now have gasoline and electric charging available where fast food business is set up.