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By agreeing to pay the fine, Hertz did not admit to or deny the SEC's claims.
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During an investigation into Didi Chuxing's operations, China's Ministry of Transport found Didi violated multiple safety rules, including failing to flag "high risk drivers and improperly handling deposits."
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Additionally, at least eight other heists have occurred on the the Hertz lot since August.
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Under the legislation signed today by Governor Jerry Brown, vehicles that are 72 hours past their return date may be tracked by the rental company.
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As a result of the violence, Uber and Cabify announced Wednesday that they were suspending service in the city.
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Since China did not sign the 1949 Geneva Convention on Road Traffic, which established international standards for road signs and rules, Chinese citizens who visit Japan, and other Geneva Convention-ratified countries, need an international driving permit.
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The thefts reportedly happened at airports in Fort Myers, Naples, Orlando, Palm Beach, and smaller rental locations around south Florida airports.
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The two men allegedly stole multiple luxury vehicles from Hertz's, Enterprise's, and Sixt’s Florida locations, and then sold them for cash in Massachusetts.
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A 70-year-old man has been charged with first-degree and second-degree larceny after being accused of keeping a rental car for nearly three years.
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By establishing a verification process and enforcing certain requirements at the counter, a rental company can reduce the chances of its vehicles being stolen or used in a crime.
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