In addition to Avis, Vittoria served in a global role at Hertz. After car rental, he developed a line of sailing superyachts.
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.
Hertz's closure at three Wyoming airports has put 11 people out of work.
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.
Additionally, there is a second car rental counter available for lease.
Hertz Global Holdings has entered into a stock and asset purchase agreement to sell substantially all of the assets of Donlen to Athene Holding.
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.
Hertz CEO Paul Stone cited U.S. rental volume improvements since Labor Day and domestic revenue improvements of 14 points from July to September.
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.
The Jeep is valued at $30,000.