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In addition to releasing its rental revenue for fourth quarter 2014, Hertz Global Holdings Inc. also announced 21% of its new fleet was delivered and review and investigation of its financial records are ongoing.
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After stepping down as Hertz's CEO and chairman in September, Frissora has been appointed the new CEO of Caesars Entertainment Corp. starting June 30.
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After Hertz’s announcement of raising rates, airport rental rates increased for two consecutive weeks and then went back down the rest of January. But overall, the rates in January were only down $2.42 compared to $5.79 in December, according to Rate-Highway and The Tennant Group's 50-City Survey.
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In honor of Valentine’s Day, Hertz is offering customers the chance to win the ultimate date do-over with a free luxury rental and dinner in its new “Dream Date Rewind” promotion.
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Charles Plimpton, a Hertz franchise owner, died on Jan. 21 in Virginia Beach, Va., after a battle with cancer.
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The Hertz Corp. received the award for Best Car Rental Company at the 2015 Business Travel Awards held in London on Jan. 19.
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Hertz Global Holdings Inc. announced that Thomas (Tom) J. Sabatino, Jr. has been appointed senior executive vice president, chief administrative officer and general counsel, effective Feb. 9.
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The Hertz Corp.’s winter sale promotion includes bookings made between Jan. 2 and Jan. 30 in select locations across Europe, Asia, Africa and Latin America. This offer excludes the U.S. and Canada.
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Hertz Global Holdings Inc. has appointed Tyler Best as the new executive vice president and chief information officer, effective Jan. 26. With prior experience in senior IT roles at YP, Vanguard Car Rental and Ally Financial, Best will oversee Hertz’s global IT functions.
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Jeffrey (Jeff) T. Foland has been appointed senior executive vice president and chief revenue officer of Hertz Global Holdings Inc., effective later this month. Foland recently served as executive vice president, chief marketing and strategy officer at United Airlines.
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