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Hertz Boosts Q1 Revenue 40%

Earnings fared even better, as Hertz posted $614 million in adjusted corporate EBITDA — its best performance in the first quarter since 2007.

Hertz Adds Tesla Model Y to Electric Vehicle Fleet

As part of its plan to add 100,000 Tesla vehicles to its fleet by the end of 2022, Hertz will be offering the Model Y SUV at select locations in April. The company has offered the Model 3s since October.

Is Hertz Back on Track?

Hertz’s 2021 fourth quarter and full year earnings call shed light on its post-bankruptcy future, the near-term prospects for car rental fleet and demand, progress in EV rentals, and a new corporate mindfulness.

Hertz Ordered to Release Records of Supposed Rental Car Thefts

The court case represented 230 Hertz customers who claim they were wrongly accused and arrested. Most of the cases appear to have been created by Hertz's computer system that wasn't able to locate a car or if a customer's payment didn't go through.

Hertz Bounces Back to $1.9 Billion in Q4 Revenue

Revenues were 78% higher than the fourth quarter of 2020 yet were 9% below the fourth quarter of 2019. Adjusted corporate EBITDA of $628 million for the quarter was a record for the company.

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