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Results: 29
Hertz Suspends Plan to Issue New Shares

Hertz Suspends Plan to Issue New Shares

Hertz was advised by the SEC’s Division of Corporation Finance that it intended to review the plan, at which point the plan was suspended.

June 17, 2020

Hertz Launches Double Points Reward, Enhances Sanitation
How a Hertz Bankruptcy Affects its Franchisees

How a Hertz Bankruptcy Affects its Franchisees

Bankruptcy proceedings can impact franchise contracts, fleet payments, and corporate accounts. When the dust settles, Hertz 2.0 will have ripples beyond the franchisees.

June 3, 2020

How Hertz’s Forced Fleet Sale Could Affect the Used Car Market
Hertz Launches 'Gold Standard' Clean, Certified Vehicles

Hertz Launches 'Gold Standard' Clean, Certified Vehicles

To give customers total confidence when they rent a car, every vehicle will be sealed and certified "Hertz Gold Standard Clean," after undergoing a 15-point cleaning and sanitization process that follows U.S. Centers for Disease Control and Prevention guidelines.

May 17, 2020

Hertz Earnings: A Tale of Two Half Quarters

Hertz Earnings: A Tale of Two Half Quarters

In the U.S., year-to-date February 2020 revenue was up 8% from the same period in 2019 on both higher price and volume. By March 31, revenues had eroded 9.7% for the entire quarter compared to last year.

May 12, 2020

Hertz Misses Lease Payment

Hertz Misses Lease Payment

In an SEC filing, Hertz disclosed it has missed lease payments. Some lenders have been supportive, while others have not yet offered “sufficient support for the required waivers.”

April 29, 2020

Hertz Joins Coalition to Support Small Businesses
Hertz Provides Free Rentals to NYC Healthcare Workers

Hertz Provides Free Rentals to NYC Healthcare Workers

Hertz is working with Mount Sinai Health System to make vehicles available to its employees throughout New York City, and is also supplying the Health System with free cargo van rentals to transport ventilators and other medical supplies to support the crisis.

March 27, 2020

Hertz Addresses Coronavirus Impact, Closes Stores
Hertz, Avis Furlough Workers, Cut Pay

Hertz, Avis Furlough Workers, Cut Pay

Hertz and Avis Budget Group have begun cost-cutting measures as travel demand drops dramatically following the coronavirus pandemic.

March 24, 2020

Hertz Lowers Rental Age, Waves Young Renter Fee
Several Vehicles Stolen from Hertz Chicago Lot
Hertz Announces Custom Camaro Sweepstakes Winner

Hertz Announces Custom Camaro Sweepstakes Winner

The Hertz Ultimate Ride Sweepstakes brought five finalists to Charlotte, N.C., for a special experience and the chance to drive home with the Hertz-Hendrick Motorsports Camaro SS.

March 8, 2020

Hertz Promotes Customer Appreciation Sweepstakes