Hertz Suspends Plan to Issue New Shares
Hertz was advised by the SEC’s Division of Corporation Finance that it intended to review the plan, at which point the plan was suspended.
June 17, 2020
Hertz was advised by the SEC’s Division of Corporation Finance that it intended to review the plan, at which point the plan was suspended.
June 17, 2020
Data suggests that the COVID-19 lockdown has spurred a new wave of enthusiasm for staycations and road trips, and more Europeans would prefer to avoid public transportation due to safety concerns.
June 12, 2020
To give customers total confidence when they rent a car, every vehicle will be sealed and certified "Hertz Gold Standard Clean," after undergoing a 15-point cleaning and sanitization process that follows U.S. Centers for Disease Control and Prevention guidelines.
May 17, 2020
In the U.S., year-to-date February 2020 revenue was up 8% from the same period in 2019 on both higher price and volume. By March 31, revenues had eroded 9.7% for the entire quarter compared to last year.
May 12, 2020
In an SEC filing, Hertz disclosed it has missed lease payments. Some lenders have been supportive, while others have not yet offered “sufficient support for the required waivers.”
April 29, 2020
Through the Stand for Small initiative, Hertz is offering benefits to small business owners via its Hertz Business Rewards program, which supports small and mid-size businesses.
April 22, 2020
Hertz is working with Mount Sinai Health System to make vehicles available to its employees throughout New York City, and is also supplying the Health System with free cargo van rentals to transport ventilators and other medical supplies to support the crisis.
March 27, 2020
In addition to employee furloughs, CEO Kathryn Marinello is relinquishing 100% of her base salary. Hertz is temporarily closing some 600 locations in Europe.
March 27, 2020
Hertz and Avis Budget Group have begun cost-cutting measures as travel demand drops dramatically following the coronavirus pandemic.
March 24, 2020
Hertz has also teamed up with PODS to promote special savings for those who need convenient and flexible moving and storage solutions in the U.S. and Canada.
March 22, 2020
The Hertz Ultimate Ride Sweepstakes brought five finalists to Charlotte, N.C., for a special experience and the chance to drive home with the Hertz-Hendrick Motorsports Camaro SS.
March 8, 2020
One lucky Hertz Gold Plus Rewards member will win a grand prize of a Hertz helicopter tour of the Super Bowl host city and chauffeured car service to the stadium.
January 29, 2020
This webcast and conference call can be accessed through a link on the Investor Relations section of the Hertz website.
January 23, 2020
Hertz DriveU provides a transfer service with a private driver to Air France passengers at more than 300 international airports.
December 3, 2019
Hertz Global Holdings has named Angela Brav as president of the company’s international division.
November 27, 2019