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Hertz Expands Subscription Service Nationwide

Hertz Expands Subscription Service Nationwide

Hertz My Car provides three all-inclusive subscription tiers that offer a variety of vehicles to fit customers' budgets and includes liability protection and premium roadside assistance.

November 11, 2020

Hertz Reports $222M Net Loss in Third Quarter, with Sequential Improvements
Hertz Secures $4B for Fleet Financing

Hertz Secures $4B for Fleet Financing

The financing, expected to be structured as an asset-backed securitization short-term facility, will fund the purchase of about 229,000 vehicles in 2021.

November 9, 2020

Man Steals Jeep from Illinois Hertz
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
Assessing the New Hertz Bonus Plan

Assessing the New Hertz Bonus Plan

When normal incentive structures go out the window, how do you keep key talent in times of severe financial distress?

September 30, 2020

Hertz Mulls Loans to Support Continuing Operations
Hertz France Names New General Manager
Former Hertz Executives Criticize Proposed Bonuses
Hertz May sell Donlen to Pay Debt, Bloomberg Reports

Hertz May sell Donlen to Pay Debt, Bloomberg Reports

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

Hertz CFO Jackson Resigns, Esper Appointed
Hertz Reports $832M Revenue for Q2 2020
Hertz Responds to Car Theft Lawsuit

Hertz Responds to Car Theft Lawsuit

The plaintiffs are suing Hertz for "maliciously turning potential civil disputes about payment … into criminal theft reports and prosecutions.”

July 28, 2020