Hertz’s Oro Mobility logs 6 million miles ahead of Uber launch
Hertz is expanding autonomous mobility via Oro Mobility, which has surpassed 6 million miles in its managed fleet and is preparing to support its first autonomous vehicle deployment with Uber. Oro runs vehicles for drivers in four markets. Q2 revenue rose 10% to about $2.4B, helped by higher unit and daily revenue, but recall activity spiked to 300% above last year, impacting roughly 15,000 vehicles and cutting GAAP income by $27M.