With an order of 100,000 Model 3s by 2022, Tesla is now on par — or even surpassing — Hertz’s previous number one supplier. Can Hertz get the infrastructure in place to support this timeline?
Hertz's new chief information officer will be working to modernize the company's technology roadmap.
In the blink of an eye, car rental is now the largest fleet buyer of electric vehicles. Tesla Model 3 rentals to begin in November.
The rental operator has filed a registration statement for a proposed public offering of its common stock.
The former Ford president and CEO takes over a transformed Hertz post-bankruptcy. Stone stays on to focus on operations and customer service.
Hertz reports total revenues of $1.9 billion, up 62% this quarter compared to last. It also comes with a net loss of $168 million, including reorganization expenses.
Jennifer Feikin is the ninth director on Hertz’s Board of Directors.
Hertz and Discover the World have held a long-term partnership for more than 26 years, operating as the Hertz general sales agent across many Asian countries as well as in the Ukraine and Guatemala.
Customers who join Hertz’s Gold Plus Rewards loyalty program will be upgraded to Five Star elite status for the rest of the year. And current loyalty members can earn double points for rentals.
Hertz’s donation of its 2020 Hertz-Hendrick Motorsports Camaro ZL1 raised $250,000 for the Jack & Jill Late Stage Cancer Foundation.
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