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The Global Business Travel Association (GTBA) Foundation has named The Hertz Corp. as one of the winners of its fourth annual Sustainability Outstanding Achievement Awards.
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Despite this reduction, Hertz Global Holdings Inc. confirms that its full-year 2016 adjusted earnings will be within a range of $1.6 to $1.7 billion.
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Luxe, a provider of on-demand valet parking and car services, has secured Series B financing of $50 million from lead investor Hertz Global Holdings.
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Fifty years after the Shelby GT350-H was introduced, Hertz, Ford Motor Co., and Shelby American have unveiled a special run of 2016 Ford Mustang GTs named the Shelby GT-H. It will be available for rent from Hertz beginning Memorial Day weekend.
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Hertz’s Gold Plus Rewards Program was named the best rewards program worldwide in the Drive category at the 2016 FlyerTalk Awards. This is the fifth consecutive year that Gold Plus Rewards has received this award.
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Hertz Global Holdings has reached an agreement to substantially reduce its equity position in China Auto Rental (CAR Inc.), China's largest rental car company, while at the same time extending its existing commercial agreement between the two companies to 2023.
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Thrifty Car Rental, part of The Hertz Global Holdings Inc., continues to expand its global footprint with its launch in Bangkok, Thailand.
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Hertz Global Holdings Inc. has appointed Robert (Bob) Barton to senior vice president, global franchise operations. He previously served as vice president of Leisure Brands & Franchise Operations, RAC Americas.
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For the full-year 2015, Hertz Global Holdings Inc. has reported total revenue of $10.5 billion, a 5% year-over-year decline. But its adjusted earnings were up 12% from 2014 at $1.49 billion.
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Hertz Global Holdings Inc. will host a live webcast discussion of its 2015 fourth quarter and full-year financial results on Tuesday March 1.
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