Hertz to Buy 100k Teslas
In the blink of an eye, car rental is now the largest fleet buyer of electric vehicles. Tesla Model 3 rentals to begin in November.
October 25, 2021
In the blink of an eye, car rental is now the largest fleet buyer of electric vehicles. Tesla Model 3 rentals to begin in November.
October 25, 2021
Hertz Global Holdings has considered selling it’s Donlen leasing business if it can get at least $1 billion and has several buyers interested in the fleet management company, chiefly private equity funds, according to a report from Bloomberg.
September 1, 2020
"Current market speculations and media reports in the USA that Sixt SE is interested in acquiring Hertz are completely unfounded and false," officials said in a statement.
November 30, 2018
The Hertz Corp. has expanded its Dream Cars collection by adding three new BMW models: the 650i Gran Coupe, 650i Convertible and the M5.
June 3, 2014
The Porsche 911, Boxster and Cayenne are available to rent in California, Florida and Nevada.
April 19, 2013
Hertz launched the McLaren MP4-12C, Lamborghini LP 560 Spyder, Ferrari 458 Italia Spider Scaglietti and Jaguar X-KR and expanded the service to include France, Italy and the Netherlands.
March 12, 2013
Hertz opened a new Van Supersite Network in Hampshire to meet the growing regional demand for van fleet rental.
August 27, 2012
Retailing at $78,850, the Porsche Panamera sports sedan will be available for rent to consumers in California, Florida and Nevada.
July 16, 2012
The 2012 Volkswagen Jetta TDI clean diesel car produces 90% less air pollution and delivers a lower fuel cost per mile with 42 highway mpg and a 600 mile range.
June 4, 2012
Depending on the location, customers will be able to choose from vehicles such as the Renault Scenic, Ford Galaxy and the Mercedes B Class vehicles.
April 30, 2012
The 12C features a 3.8-litre V8 twin turbo engine, which produces 592hp and 600Nm torque.
April 3, 2012
While the company remains interested in obtaining FTC approval, Hertz announced Oct. 27 that it is withdrawing its exchange offer, which would have expired Nov. 1.
October 27, 2011
The exchange offer and withdrawal rights will expire Nov. 1, but no other aspect of the terms or offerings changed.
September 12, 2011
Final acquisition price of $177 million is lower than initial $255 million. Assumption of Donlen fleet debt is $770 million, $90 million more than original assumption.
September 2, 2011
Dollar Thrifty says it intends to solicit final proposals in early October.
August 22, 2011
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