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Hertz, Avis Budget and Dollar Thrifty improved earnings year over year. Expect continued—if modest—improvements in 2010.
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Annual revenue for 2009 fell 17 percent to $7.1 billion from $8.5 billion the prior year, though Hertz narrowed its net loss to $126 million from $1.21 billion in 2008.
Read More →The Hertz Corporation and its car and equipment rental units plan to expand throughout 2010 with approximately 150 off-airport car rental locations and 10 equipment rental locations in 2010.
Read More →The ruling overturns a lower court ruling that held Hertz to a California class action lawsuit in state court as opposed to federal court.
Read More →After the Nissan LEAF is introduced to the Hertz fleet by early 2011, the rental company and Nissan plan to expand the electric vehicle into Connect by Hertz.
Read More →The Hertz subsidiary and Dayim Holdings will rent and sell equipment and tools to construction and industrial markets throughout the Kingdom of Saudi Arabia.
Read More →The operational and financial impact of the Toyota recall on the auto rental industry is expected to be minimal, according to an analysis by equity trading and research firm MKM Partners LLC.
Read More →The union, COPE 378, said the possible strike would be largely limited to Vancouver International Airport, downtown locations, and some satellite locations in hotels.
Read More →He will oversee the company's Asia, Pacific, Europe, Middle East and Africa car rental and leasing businesses.
Read More →The two European awards come on the heels of the 16 awards Hertz received in 2009, from publications such as Conde Nast's Traveler and Reader's Digest (UK edition).
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