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The car rental company's worldwide revenues reached $1.7 billion, an increase of 6.1 percent from the year-ago period. Worldwide car rental revenues for the quarter increased 10.8 percent (a 7 percent increase excluding the effects of foreign currency) to $1.4 billion.
Read More →The deal will give Hertz an additional 1,550 locations worldwide and a total of 9,800 across six continents. Under the terms of the deal, Hertz will pay $41 a share, a 19 percent premium over Dollar Thrifty’s 30-day average stock price. The offer is 80 percent cash and 20 percent stock.
Read More →Online-car shoppers will be able to compare Hertz's vehicle prices with the Kelley Blue Book Suggested Retail Value and search for Hertz inventory on KBB's online-car shopping site The Trusted Marketplace.
Read More →The car rental company is waiving international one-way drop off fees, extending rentals for customers with disrupted departures and honoring reservations for people with delayed arrivals.
Read More →The technology and business model behind Hertz’s Rent2Buy program now applies to other big-ticket items such as real estate, boats, designer fashions and jewelry.
Read More →Florida state regulators are investigating the Hertz Corp.'s use of electronic toll-paying systems, after five customers told officials they were not properly notified that the vehicles they rented in Florida were registered with a company called PlatePass.
Read More →This week's strong performance by Dollar, Avis and Hertz is a positive step as analysts expect 2010 to remain a challenging year for the industry.
Read More →The multi-million dollar national campaign was launched Monday across broadcast and cable television, national newspapers and online.
Read More →By working with the NICB, Hertz will have access to real-time vehicle location/recovery data, reduced financial exposure to impound lot vehicle depreciation and vandalism and international vehicle interdiction expertise.
Read More →Consumers who rent a midsize car for $79 a day in Manhattan will also get a free tank of gas on Hertz.
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