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Newsby StaffNovember 11, 2020

Hertz Expands Subscription Service Nationwide

Hertz My Car provides three all-inclusive subscription tiers that offer a variety of vehicles to fit customers' budgets and includes liability protection and premium roadside assistance.

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Newsby StaffNovember 10, 2020

Hertz Reports $222M Net Loss in Third Quarter, with Sequential Improvements

Hertz CEO Paul Stone cited U.S. rental volume improvements since Labor Day and domestic revenue improvements of 14 points from July to September.

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Newsby StaffNovember 9, 2020

Hertz Secures $4B for Fleet Financing

The financing, expected to be structured as an asset-backed securitization short-term facility, will fund the purchase of about 229,000 vehicles in 2021.

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Newsby StaffOctober 28, 2020

Man Steals Jeep from Illinois Hertz

The Jeep is valued at $30,000.

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Newsby StaffOctober 22, 2020

Hertz Launches Election Day Rental Promotion

Customers will get one day free when they reserve a car for at least two days and pick up on Nov. 2 or 3 from participating Hertz neighborhood locations.

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Newsby StaffOctober 19, 2020

Hertz, NABC Gift Car to NY Veteran

After losing his job to COVID-19 layoffs, Andrei Popow continued his worked delivering PPE to essential workers, even though he didn’t have a vehicle and had to pay for a rental car. Now, he'll be able to expand his work thanks to his new vehicle.

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Newsby StaffOctober 5, 2020

Hertz Appoints Kenny Cheung as New CFO

Kenny K. Cheung was recently promoted to executive VP of finance and chief operational finance and restructuring officer.

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Auto Rental Focusby Chris BrownSeptember 30, 2020

Assessing the New Hertz Bonus Plan

When normal incentive structures go out the window, how do you keep key talent in times of severe financial distress?

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Newsby StaffSeptember 23, 2020

Hertz Mulls Loans to Support Continuing Operations

Hertz is evaluating two loan offers of about $1 billion to $1.5 billion.

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Newsby StaffSeptember 14, 2020

Hertz France Names New General Manager

Emmanuel Delachambre, who was previously chairman and CEO at GEFCO France, will join Hertz on Oct. 5.

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