Hertz Will Introduce Tesla EVs at Two California Airport Fleets image

Hertz Global Holdings, who looks to add more upscale cars to its fleet, will offer Tesla EVs at two California airports.

Hertz will introduce the Roadster and Model S rechargeable vehicles to its fleet at San Francisco and Los Angeles airports. The company did not say how many vehicles will be added or when. Tesla has been expanding its lineup with higher-priced vehicles, which Hertz has added to its fleet under the program dubbed ‘Dream Cars’, which also includes Lamborghini and Ferrari vehicles.

Two months ago Hertz Global Holdings won the final regulatory approval for the acquisition of Dollar Thrifty Automotive Group, for which it paid $2.3 billion. The two merged companies now compete with Avis Budget Group and Enterprise Holdings.

Tesla, which saw its market value this year reaching $20 billion, is close to becoming the most profitable seller of EVs in the world. The automaker plans to sell 21,000 Model S sedans, priced around $70,000 and 40,000 units in 2014 as sales continue to increase in Asia and Europe.

Earlier this week Hertz Global Holdings announced that its CFO Elyse Douglas will leave the company on October 1st for personal reasons. The news comes ahead of Hertz Global Holdings’ headquarters relocation to southern Florida from the New York metropolitan area.

Source: detroitnews.com