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Hertz Launches Election Day Rental Promotion
Hertz, NABC Gift Car to NY Veteran

Hertz, NABC Gift Car to NY Veteran

After losing his job to COVID-19 layoffs, Andrei Popow continued his worked delivering PPE to essential workers, even though he didn’t have a vehicle and had to pay for a rental car. Now, he'll be able to expand his work thanks to his new vehicle.

October 19, 2020

Hertz Appoints Kenny Cheung as New CFO
Hertz Mulls Loans to Support Continuing Operations
Hertz France Names New General Manager
Former Hertz Executives Criticize Proposed Bonuses
Hertz CFO Jackson Resigns, Esper Appointed
Hertz Reports $832M Revenue for Q2 2020
Hertz Settlement Calls for Disposal of 182,521 Vehicles
Liquidation on the Table for Hertz?

Liquidation on the Table for Hertz?

A dragged-out post-lockdown recovery, a huge debt pile, and the potential for zero recoveries for unsecured creditors make the Hertz bankruptcy a likely liquidation, says Wall Street analyst Girish Bhise.

July 17, 2020

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
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