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Hertz U.S. Revenue Down 3% in First Quarter

Hertz U.S. Revenue Down 3% in First Quarter

U.S. car rental revenue fell 3%; the company found $30 million more in accounting errors and plans off-airport store closures. Price increases are underway.

May 15, 2015

How Phil LeBeau Got it Wrong

The CNBC airline and auto reporter made some questionable assumptions as to the health of the car rental industry.

May 13, 2015

Gaining Insight beyond the Quarterly Headlines

Digging deeper into the most recent public statements by Avis Budget Group and Hertz reveal direction on the market, including growing the deep-discount segment, ancillary sales drivers, Hertz’s ship-righting and Zipcar’s first franchise (you heard correctly).

March 3, 2015

Hertz Looks to Put Troubles Behind

Hertz Looks to Put Troubles Behind

This year has been one of turmoil and change for the Hertz Corp., as it parted ways with its CEO and has yet to file a financial report in 2014.

November 17, 2014

Hertz, Avis Budget Forecast 2014

In their most recent conference calls, Avis Budget Group and Hertz gave an outlook on pricing, fleet costs, the used car market and fleet optimization strategies.

May 12, 2014

6 Market Predictors for 2014

In their fourth quarter conference calls, Avis Budget Group and Hertz gave an outlook on fleet costs, the used car market, fleet optimization strategies and potential acquisitions. Hertz shed light on the fallout from that excess fleet.

March 26, 2014

What Penske Brings to Car Rental

The new Hertz franchisee is bringing to car rental a focus on facilities and employee practices, while Penske dealerships will get a stable source of low-mileage used vehicles.

April 29, 2013

Car Rental Pricing: Cautious Optimism

The two U.S. public car rental companies both report gains in pricing — finally — though they present different views on the cost scenario for 2013.

March 4, 2013