In Memoriam: Joe Vittoria, Former Avis CEO
In addition to Avis, Vittoria served in a global role at Hertz. After car rental, he developed a line of sailing superyachts.
February 6, 2021
In addition to Avis, Vittoria served in a global role at Hertz. After car rental, he developed a line of sailing superyachts.
February 6, 2021
After an upward revenue trend from July to October, Hertz’s total monthly revenues dropped from $233 million in October to $209 million in November.
January 14, 2021
Hertz's closure at three Wyoming airports has put 11 people out of work.
December 29, 2020
In addition to offering a free rental day to help voters on Election Day, Hertz provided $2 million worth of free month-long car rentals to more than 2,000 New York City healthcare workers.
December 22, 2020
Additionally, there is a second car rental counter available for lease.
December 3, 2020
Hertz Global Holdings has entered into a stock and asset purchase agreement to sell substantially all of the assets of Donlen to Athene Holding.
November 30, 2020
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.
November 11, 2020
Hertz CEO Paul Stone cited U.S. rental volume improvements since Labor Day and domestic revenue improvements of 14 points from July to September.
November 10, 2020
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.
November 9, 2020
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.
October 22, 2020
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.
October 19, 2020
Kenny K. Cheung was recently promoted to executive VP of finance and chief operational finance and restructuring officer.
October 5, 2020
Hertz is evaluating two loan offers of about $1 billion to $1.5 billion.
September 23, 2020
Emmanuel Delachambre, who was previously chairman and CEO at GEFCO France, will join Hertz on Oct. 5.
September 14, 2020
According to the Wall Street Journal, at least seven retired Hertz executives are condemning the company's plan to issue bonuses to upper management.
September 14, 2020