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Hertz Expands Subscription Service Nationwide

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.

November 11, 2020

Hertz Reports $222M Net Loss in Third Quarter, with Sequential Improvements
Hertz Secures $4B for Fleet Financing

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.

November 9, 2020

Hertz Launches Election Day Rental Promotion
Hertz, NABC Gift Car to NY Veteran

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.

October 19, 2020

Hertz Appoints Kenny Cheung as New CFO
Hertz Mulls Loans to Support Continuing Operations
Hertz France Names New General Manager
Former Hertz Executives Criticize Proposed Bonuses
Hertz CFO Jackson Resigns, Esper Appointed
Hertz Reports $832M Revenue for Q2 2020
Hertz Settlement Calls for Disposal of 182,521 Vehicles
Liquidation on the Table for Hertz?

Liquidation on the Table for Hertz?

A dragged-out post-lockdown recovery, a huge debt pile, and the potential for zero recoveries for unsecured creditors make the Hertz bankruptcy a likely liquidation, says Wall Street analyst Girish Bhise.

July 17, 2020

Hertz Suspends Plan to Issue New Shares

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 Launches Double Points Reward, Enhances Sanitation