Category: Press Release

  • Hertz Reports Jump in Search Traffic as Long TSA Lines Disrupt Travel

    Hertz Reports Jump in Search Traffic as Long TSA Lines Disrupt Travel

    ESTERO, Fla, March 26, 2026 – For travelers missing or delaying vacations because of long TSA lines, Hertz has a solution to stay in control of travel plans: get in the car and go.

    Whether you’re stuck at the airport or at home, Hertz is offering up to 25% off last-minute reservations and one-way car rentals at thousands of airports and neighborhood locations across the country.   

     

    Here’s what Hertz is seeing right now: 

    • Over the last week, search traffic to Hertz.com jumped 15% — signaling that travelers may be considering other ways or back up plans to reach their destination.  
    • One in three customers are currently renting cars specifically for road trips and driving vacations. 

     

    To ensure a fast and smooth car rental experience, Hertz recommends: 

    1. Locking in your gas price. At Hertz, you can prepay for refueling at pickup to lock in pricing to avoid sticker shock at the pump and save time at return. 
    2. Adding your flight information to your car rental reservation. Our team actively monitors flight delays and cancellations, and adding your flight information can help protect your reservation. 
    3. Booking at a neighborhood location. To avoid airport disruptions, Hertz has thousands of convenient neighborhood locations across the country. 
    4. Modifying your reservation on the Hertz app or Hertz.com if your travel plans get disrupted and you need to make changes.  
    5. Joining Hertz Gold+ (it’s free!) to skip the counter and go straight to your car when you land. This benefit can be a huge timesaver, especially after flight delays. 

     

    About Hertz  

    Hertz Global Holdings, Inc. is one of the world’s leading car rental and mobility solutions providers. Its subsidiaries, including The Hertz Corporation, and licensees operate the Hertz, Dollar, Thrifty, and Firefly vehicle rental brands, with approximately 11,000 rental locations in 160 countries around the globe. The Company also operates the Hertz Car Sales brand, which offers a range of quality, competitively priced used cars for sale online and at locations across the United States, and the Hertz 24/7 car-sharing business in Europe. For more information about Hertz, visit www.hertz.com. 

  • Hertz Expands Premium Fleet with INEOS Grenadier

    Hertz Expands Premium Fleet with INEOS Grenadier

    A strikingly distinctive premium 4X4 now available to rent in the U.S.
    Photos and video: HERE

    ESTERO, Fla., March 18, 2026 – Hertz, one of the world’s largest rental car companies, today announced the addition of the INEOS Grenadier to its U.S. rental fleet, further expanding the lineup of premium vehicles available to customers.

    Hertz will provide customers with unmatched access to this premium 4X4 from INEOS Automotive – offering the largest availability of Grenadiers for rent anywhere in the U.S. Customers can reserve this coveted vehicle at select airport locations nationwide starting this spring.

    “At Hertz, we’re focused on offering the newest and most exciting vehicles in the industry and giving customers access to modern, high quality rental options,” said Adnan Manzur, Senior Vice President, North America Customer Operations at Hertz. “With the addition of the INEOS Grenadier, we’re continuing to broaden customer choice and reflect travelers’ evolving preferences for unique, premium driving experiences that make the journey just as memorable as the destination.”

    The INEOS Grenadier 4X4 combines British design with German engineering. INEOS Automotive entered the Americas market in 2023 and continues to grow its portfolio and presence across the region. Hertz renters will experience the Grenadier in high-spec Fieldmaster trim. This configuration includes leather upholstery, heated seats, safari windows, a premium sound system, 18‑inch alloy wheels, delivering both comfort and capability to customers.

    “This partnership represents an exciting step forward for our continued expansion in North America,” said Gregor Hembrough, EVP, INEOS Automotive Americas. “Introducing the Grenadier to Hertz customers gives more drivers the opportunity to experience our vehicle’s capability and engineering firsthand. It also highlights the strong demand we’re seeing as our brand continues to grow its presence across the North America.”

    To learn more and reserve a Grenadier, visit Hertz.com.

    To find out more about INEOS Grenadier’s story, visit INEOSGrenadier.com.

    About Hertz
    Hertz Global Holdings, Inc. is one of the world’s leading car rental and mobility solutions providers. Its subsidiaries, including The Hertz Corporation, and licensees operate the Hertz, Dollar, Thrifty, and Firefly vehicle rental brands, with more than 11,000 rental locations in 160 countries around the globe. The Company also operates the Hertz Car Sales brand, which offers a range of quality, competitively priced used cars for sale online and at locations across the United States, and the Hertz 24/7 car-sharing business in Europe. For more information about Hertz, visit www.hertz.com.

    ABOUT INEOS AUTOMOTIVE
    In 2017, INEOS Chairman Jim Ratcliffe, a car enthusiast and experienced adventurer, identified a gap in the market for an uncompromising 4X4 engineered for modern day compliance and reliability. INEOS Automotive Limited was formed and a senior team of automotive professionals assembled to bring the vision to reality with a fresh perspective of 4X4 development and manufacturing. 

    In 2022 the INEOS Grenadier was launched: a truly global 4X4 built from the ground up that combines rugged British spirit and design with German engineering rigour. The Grenadier provides best-in-class off-road capability, durability, and reliability with the modern comfort and refinement customers expect wherever they are in the world. In 2023 a double-cab pick-up variant of the Grenadier was launched called the Quartermaster. 

    INEOS Automotive is a subsidiary of INEOS, a leading manufacturer of petrochemicals, specialty chemicals and oil products. It employs 24,500 people across 29 businesses, with a production network spanning 154 sites in 27 countries. From paints to plastics, textiles to technology, medicines to mobile phones, materials manufactured by INEOS enhance almost every aspect of modern life. In 2025, INEOS had sales of $55bn. To find out more about INEOS Automotive, visit www.ineosgrenadier.com.

  • Hertz Transformation Drives Structural Revenue Gains and Builds Sustainable Momentum

    Hertz Transformation Drives Structural Revenue Gains and Builds Sustainable Momentum

    “Hertz sits on a stronger foundation today than we did one year ago,” said Gil West, Chief Executive Officer of Hertz. “In the fourth quarter, we delivered measurable progress and our strongest year-over-year revenue performance in nearly two years, despite a complex environment. We achieved a $2 billion improvement in profitability in our first full year under the Back-to-Basics strategy, driven by meaningful gains in revenue, utilization, unit economics, and customer experience.”

    “With a healthier fleet and improving residual performance, we are building from a position of strength and have begun to expand retail and mobility capabilities bolstering the Hertz platform. Spanning Rent-A-Car, Service, Fleet, and Mobility, we believe these businesses will generate value well beyond traditional rental, and ultimately redefine the role Hertz plays in the future of mobility.”

    ESTERO, Fla, February 26, 2026 – Hertz Global Holdings, Inc. (NASDAQ: HTZ) (“Hertz,” “Hertz Global,” or the “Company”) today reported results for its fourth quarter and full year 2025.

    Q4 AND FULL YEAR 2025 HIGHLIGHTS

    • Revenue totaled $2.0 billion in the fourth quarter and $8.5 billion for full-year 2025, reflecting sequential improvement in pricing and resulting in Hertz’s strongest year-over-year revenue performance since Q1 2024.
    • Year-over-year Revenue per Unit (RPU) and Revenue Per Day (RPD) metrics improved sequentially through 2025. This momentum has continued into Q1 2026 as the Company expects to deliver mid-single digit revenue growth, driven by continued progress on internal revenue management initiatives and a positive industry pricing environment.
    • Profitability improved more than $2 billion year over year, with net loss totaling $194 million in Q4 and $747 million for the full year; Diluted EPS showed a significant year-over-year improvement, landing at $(0.72) for the quarter and $(2.43) for 2025.
    • Adjusted Corporate EBITDA for Q4 was $(205) million, an improvement of approximately $150 million year-over-year. This includes more than $100 million impact from several transitory headwinds. Full year Adjusted Corporate EBITDA was $(339) million, an improvement of more than $1 billion year over year as revenue optimization, utilization gains, and cost controls took hold.
    • Utilization was 78% in the fourth quarter and averaged 81% for the full year, a year-over-year improvement of 200 basis points, driving improved RPU.
    • Depreciation per Unit per Month (DPU) was $330 in Q4 and $300 for the full year, representing a year-over-year improvement of 44%, supported by disciplined fleet rotation. Depreciation was weighed down by an approximately $60 million non-cash charge driven by a revised third party forecast of residual values.
    • Q4 adjusted Direct Operating Expense (DOE) per transaction day improved by 6% year over year through rigorous cost control and operational discipline. DOE declined 3% year over year in the fourth quarter and 4% for the full year while Transaction Days declined 1% and 3% respectively.
    • Customer experience continued to improve in 2025, with Net Promoter Score increasing nearly 50% year-over-year, reflecting measurable gains in rental ease, fleet quality, and service reliability.
    • Hertz ended the fourth quarter with approximately $1.5 billion of liquidity and potential access to more than $1 billion of liquidity enhancements.

    Transitory Q4 Headwinds
    A number of compounding external events impacted EBITDA in the fourth quarter by more than $100 million. This included a government shutdown coupled with FAA flight cancellations, multiple technology vendor outages, and a nearly 3 times higher than normal level of vehicles on recall.

    DPU was in line with the Company’s full-year North Star target, but above its quarterly target due to a revised Black Book residual outlook and softer seasonal wholesale pricing amid elevated OEM and rental de-fleeting activity. This resulted in an approximately $60 million non-cash depreciation charge. Looking ahead, the Company sees a more normalized residual value outlook for 2026.

    Excluding these items, our core EBITDA production was in line with our expectations, reflecting continued progress on our revenue and cost initiatives.

    2025 Summary
    2025 was a critical year in the Hertz transformation, and underscored that the structural improvements the Company is making are permanent while the headwinds it faces are transitory. The traditional rental car business is improving, guided by its North Star metrics of DPU sub $300, RPU over $1,500, and DOE per transaction day in the low $30s.

    Over the course of the year, Hertz completed its fleet rotation and successfully secured model year 2026 buys at its target prices and volumes. This enabled model year 2025 sales through Hertz Car Sales, continuing the Company’s short-hold strategy and introducing a richer, more optimized car-class mix to its fleet. Hertz’s average fleet age was less than ten months and the lowest its been in almost a decade.

    Through these actions, Hertz achieved a full year EBITDA improvement of more than $1 billion year over year. The Company drove sequential improvements in revenue, RPU, and RPD, while also improving utilization and driving DPU down in line with the North Star target. Hertz also brought DOE per transaction day down despite lower volumes and saw a nearly 50% improvement in customer satisfaction – a result of an intentional effort to improve operations and customer experience.

    Q1 2026 Insights
    Hertz’s early first quarter performance indicates that its commercial strategy continues to deliver sustained value in 2026. January revenue results show meaningful improvement year over year, with February trending more positively and March continuing that trajectory. The Company expects a mid-single digit increase in revenue for the quarter, supported by a constructive demand environment and increased year-over-year RPD. With respect to the fleet, the Company also sees signs that residual values are improving from Q4’s seasonal lows. Looking ahead to the rest of the year, the Company remains focused on growing the off-airport and mobility business and accelerating revenue growth while staying disciplined on costs.

    Platform for Growth
    The Company is building on the transformation of the core rental car business by establishing a diversified, value-creating platform for growth. This platform spans four strategic areas – Rent-a-Car, Service, Fleet, and Mobility – each with unique potential to scale. The Company is focused on developing capabilities across its platform, including continuing the digital evolution of Hertz Car Sales in Fleet, exploring growth and franchise opportunities in Rent-a-Car, piloting new offerings in Service, and expanding revenue channels, assets, and capabilities in Mobility.

    EARNINGS WEBCAST INFORMATION

    Hertz Global’s live webcast and conference call to discuss its fourth quarter and full year 2025 results will be held on February 26, 2026 at 9:00 a.m. Eastern Time. The conference call will be broadcast live in listen-only mode on the Company’s Investor Relations website at IR.Hertz.com. If you would like to access the call by phone and ask a question, please go to https://events.q4inc.com/analyst/447223111?pwd=dj5kBgTF, and you will be provided with dial in details. Investors are encouraged to dial in approximately 15 minutes prior to the call. A web replay will remain available on the website for approximately one year. The earnings release and related supplemental schedules containing the reconciliations of non-GAAP measures will be available on the Hertz website, IR.Hertz.com.

    ABOUT HERTZ

    Hertz Global Holdings, Inc. is one of the world’s leading car rental and mobility solutions providers. Its subsidiaries, including The Hertz Corporation, and licensees operate the Hertz, Dollar, Thrifty, and Firefly vehicle rental brands, with approximately 11,000 rental locations in 160 countries around the globe. The Company also operates the Hertz Car Sales brand, which offers a range of quality, competitively priced used cars for sale online and at locations across the United States, and the Hertz 24/7 car-sharing business in Europe. For more information about Hertz, visit www.hertz.com.

     

    Read the Full Results

  • Hertz Showcases Employee Car Culture and New 2026 Fleet at Estero Headquarters

    Hertz Showcases Employee Car Culture and New 2026 Fleet at Estero Headquarters

    Employee‑owned classics like the DeLorean and ’64 Chevy meet Hertz’s modern 2026 fleet at second annual event

    Event Photos: HERE

    ESTERO, Fla., February 19, 2026 – Hertz hosted its second annual Employee Car Show and Meet the Fleet event today at the company’s global headquarters in Estero, where cars of all eras took center stage. The event celebrated employees’ passion for vehicles while offering an exclusive look at the new models joining the company’s 2026 rental fleet.

    This year’s event was co-hosted by two of Hertz’s Employee Resource Groups: Veterans and First Responders, serving as the primary sponsor, and GenH (Generation Hertz), which supports employees who are newer to the workforce or to Hertz. Together, the ERGs delivered a program that highlighted Hertz’s strong employee car culture and reinforced the company’s commitment to service, innovation, and community engagement.

    The event showcased an impressive lineup of employee-owned vintage classics and high-performance sports cars, vehicles from the Lee County Sherriff’s Office and Estero Fire Department, and a range of new 2026 model-year vehicles that will be available for customers to rent at Hertz nationwide.

    “Hertz employs thousands of car enthusiasts, including myself and many at our headquarters and throughout Southwest Florida,” said Mike Moore, Hertz Executive Vice President and Chief Operating Officer, and executive sponsor of Hertz’s Veterans and First Responders Employee Resource Group. “This event is a great way to celebrate that passion while also giving our employees a firsthand look at the latest makes and models joining our new and refreshed fleet so they can better serve our customers and deliver a great rental experience.”

    Hertz’s Fleet team and local dealership reps showcased a variety of the new 2026 models that will soon be available to rent at Hertz, including luxury vehicles such as the Cadillac CT-5, Genesis GV80, Mercedes GLE350, Volvo XC90 and more.

    “It was great to see iconic cars like the DeLorean and a ’64 Chevy alongside some of the 2026 models we’re renting,” said Jessica Owens, event co-chair and Hertz Account Service Representative. “I’ve always appreciated cars, and it’s rewarding to work with people who share that interest and enjoy bringing it to our customers.”

    The annual Hertz Employee Car Show and Meet the Fleet Event is one of several ways the company is engaging its employees and in its broader fleet strategy, which is focused on ensuring customers have access to newer vehicles equipped with the latest safety features, technology and comfort.

    Today, the majority of Hertz’s fleet is less than a year old, reinforcing the company’s commitment to offering a modern, well-maintained fleet while also giving employees firsthand exposure to the vehicles they rent to customers every day.

     

    About Hertz
    Hertz Global Holdings, Inc. is one of the world’s leading car rental and mobility solutions providers. Its subsidiaries, including The Hertz Corporation, and licensees operate the Hertz, Dollar, Thrifty, and Firefly vehicle rental brands, with more than 11,000 rental locations in 160 countries around the globe. The Company also operates the Hertz Car Sales brand, which offers a range of quality, competitively priced used cars for sale online and at locations across the United States, and the Hertz 24/7 car-sharing business in Europe. For more information about Hertz, visit www.hertz.com.

     

  • Thousands of Golden Retrievers to Gather in Golden, Colo. for Goldens in Golden, February 7, 2026

    Thousands of Golden Retrievers to Gather in Golden, Colo. for Goldens in Golden, February 7, 2026

    Hertz Gold Squad joins as first-ever presenting sponsor; beloved event to debut dog-friendly shuttles, new programming, and major enhancements 

    Golden, Colo., Feb. 2, 2026 – Goldens in Golden, the world’s largest unofficial gathering of Golden Retrievers – arguably the happiest day of the year – returns to Golden, Colorado on Saturday, February 7, 2026, from 9 a.m. to 1 p.m. 

    In response to the event’s continued growth and popularity, 2026 brings the most significant slate of improvements to date, designed to enhance comfort, mitigate traffic, and improve crowd flow. Enhancements are in large part made possible by the addition of event sponsors, including Hertz, one of the world’s largest rental car companies, as the first‑ever presenting sponsor.

    “Goldens in Golden is a signature winter event that highlights the City of Golden, local businesses, and community pride,” said Meredith Ritchie, City of Golden engagement & communications director. “This year’s expanded footprint, shuttles, and added programming are designed to make the day even more enjoyable and comfortable for everyone—dogs, families, and our community. Since the first event in 2019, Goldens in Golden has grown remarkably fast, and we’re honored it’s become such a meaningful tradition for so many people and pups in our city and from around the country.”

    Hertz Brings the Gold Squad and New On‑Site Experiences
    As the event’s first official presenting sponsor, Hertz is helping support several enhancements to elevate comfort, convenience, and fun for both dogs and their humans – while preserving the hometown spirit that Goldens in Golden is known for.

    Hertz is bringing its elite team of highly trained Golden Retrievers to delight attendees throughout the event. The Hertz Gold Squad, which debuted in 2025, is on a mission to make travel feel golden. Goldens in Golden marks the Gold Squad’s first appearance of the year, and their journey to Golden, Colorado can be followed on Instagram and TikTok, featuring Pancake & Donut, Willy, Zebby, and Bowie.

    “Goldens in Golden celebrates the joy and connection that Golden Retrievers bring to people – and that’s exactly what our Hertz Gold Squad represents,” said Adnan Manzur, Senior Vice President, North America Customer Operations at Hertz. “Hertz is proud to support an event that brings people and pups together – many traveling from great distances – to enjoy this very special, feel‑good gathering.”

    Additionally, at the event, Hertz will host the Hertz Golden Pup Cup Café, offering Gold Squad photo ops and meet‑and‑greets, free pup cups for dogs and golden lattes for humans.           

    Major Enhancements Introduced; Signature Elements Remain
    New 2026 improvements designed to enhance the overall experience are thoughtfully blended with the signature elements of Goldens in Golden. Event goers will still have the opportunity to participate in official group photos under the Welcome Arch, mingle with fellow Goldens, share some doggy treats, and shop around. New enhancements include: 

    • Extended Event Hours – The event runs from 9 a.m. – 1 p.m., spanning four hours instead of two, to help disperse crowds and allow attendees to participate at a more relaxed pace. 
    • Dog-Friendly, Free Shuttles – Complimentary, dog-friendly shuttles will service off-site parking at The Splash at Fossil Trace, 3151 Illinois St, transporting participants (and their pups) to a drop off/pick-up station at 10th and Washington. Shuttles run from 8 a.m. – 3 p.m. More information can be found on Visit Golden’s Know Before You Go
    • Expanded Event Footprint + Double the Vendors – Two Vendor Villages will anchor opposite sides of the event footprint, improving flow while more than doubling the number of pet-focused vendors, nonprofits, and Golden businesses. Additional Golden food trucks and restaurant stalls will provide more outdoor dining options.
    • New Programming and Event Staging Areas – New activities, entertainment and specialty meet-ups will take place in three distinct locations: Parfet Park at 10th and Washington; in the Pup Up Tent at 13th and Arapahoe; and under the Welcome Arch on Washington Avenue between 11th and 12th. See one paw-ty of a program schedule with contests, a fashion show, influencer panels and special meet ups for puppies, senior dogs and more, here.

    Citywide Weekend Activities
    Golden businesses are offering pet-friendly specials, Golden-themed treats, pop-up events, and all kinds of fluff-friendly fun throughout the weekend. Goldens in Golden was created to help Golden merchants and support visitation during the town’s slowest time of year. Check out merchant offerings on doggie pupcakes, pet portraits, specialty drinks, custom dog hats, bandanas and more, here. 

    Help Golden Count People + Pups – RSVP Appreciated
    Visit Golden is collecting a headcount of how many people and goldens will be attending the event and where everyone is traveling from. Participants are asked to RSVP at this link to help the City plan for an extra-golden day. We’ve already received RSVPs from more than 40 states!

    About Hertz
    Hertz Global Holdings, Inc. is one of the world’s leading car rental and mobility solutions providers. Its subsidiaries, including The Hertz Corporation, and licensees operate the Hertz, Dollar, Thrifty, and Firefly vehicle rental brands, with more than 11,000 rental locations in 160 countries around the globe. The Company also operates the Hertz Car Sales brand, which offers a range of quality, competitively priced used cars for sale online and at locations across the United States, and the Hertz 24/7 car-sharing business in Europe. For more information about Hertz, visit www.hertz.com.

    About Visit Golden
    Visit Golden is the tourism and visitor marketing program for the City of Golden, Colo. The program promotes sustainable visitation and community vitality through thoughtful initiatives that support local business and highlight Golden’s unique charm.

  • Hertz Global Holdings, Inc. to Announce Fourth Quarter and Full Year 2025 Financial Results on February 26, 2026

    Hertz Global Holdings, Inc. to Announce Fourth Quarter and Full Year 2025 Financial Results on February 26, 2026

    ESTERO, Fla., February 02, 2026 – Hertz Global Holdings, Inc. (NASDAQ: HTZ) (the “Company”) announced today that it plans to report its fourth quarter and full year 2025 financial results at 8:00 a.m. ET on Thursday, February 26, 2026, followed by an earnings call at 9:00 a.m. ET.

    A live webcast of the call will be available on the Investor Relations page of the Company’s website at https://ir.hertz.com. To access the call by phone, please register through this link: Hertz Q4 and Full Year 2025 earnings teleco registration, and you will be provided with dial-in details. To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the scheduled start time. A web replay will remain available on the website for approximately one year.

     

    ABOUT HERTZ

    Hertz Global Holdings, Inc. is one of the world’s leading car rental and mobility solutions providers. Its subsidiaries, including The Hertz Corporation, and licensees operate the Hertz, Dollar, Thrifty, and Firefly vehicle rental brands, with more than 11,000 rental locations in 160 countries around the globe. The Company also operates the Hertz Car Sales brand, which offers a range of quality, competitively priced used cars for sale online and at locations across the United States, and the Hertz 24/7 car-sharing business in Europe. For more information about Hertz, visit www.hertz.com.

    For more information, please email investorrelations@hertz.com or mediarelations@hertz.com.

  • Hertz Makes Holiday Travel Golden with Gold Squad’s Final 2025 Stop at Newark Airport

    Hertz Makes Holiday Travel Golden with Gold Squad’s Final 2025 Stop at Newark Airport

     Hertz extends its Gold Squad Golden Retriever ambassador program into 2026

    ESTERO, Fla., Dec. 18, 2025 – After debuting its nationwide Hertz Gold Squad program earlier this year, Hertz is bringing its beloved team of highly-trained Golden Retrievers to Newark Liberty International Airport for their final 2025 appearance with plans to continue spreading joy into 2026. As millions of Americans hit the road for what is expected to be one of the busiest holiday travel seasons in years, the Gold Squad will greet travelers with comfort, joy, and surprise perks during peak December travel days.

    Newark, one of Hertz’s top 10 holiday rental hotspots, will be the last stop before the Gold Squad returns in 2026 with an expanded lineup of airport and event appearances across the country.

    “The Gold Squad has been a bright spot for travelers throughout the year, and Newark is the perfect place for their final stop in 2025,” said Adnan Manzur SVP, North America Customer Operations at Hertz. “Holiday travel can be hectic, and a few minutes with a Gold Squad Golden Retriever can make the whole journey feel a little more golden.”

    Holiday Travel Trends: What Travelers Should Know
    With significantly lower gas prices this year, the roadways are going to be especially busy. According to Hertz’s travel partner AAA, more than 109 million Americans will hit the road this holiday season – up by over two million from last year. Based on Hertz data, here’s what to know before you go:

    • December 20 is expected to be the busiest rental car pick-up day nationwide.
    • Top 10 Holiday Hotspots:
      1. Orlando
      2. Los Angeles
      3. Atlanta
      4. Miami
      5. Phoenix
      6. Newark
      7. Dallas
      8. Boston
      9. Chicago
      10. Las Vegas
    • Trending Destinations: Miami, Palm Springs, and Phoenix are seeing the biggest jumps in year-over-year rental car demand.
    • Fresh New Rides: Hertz customers will be among the first to drive thousands of 2026 vehicles now on the road, including the Cadillac CT5, Volvo XC60, Ford Mustang EcoBoost, Jeep Grand Wagoneer and more.

    Here are some of Hertz’s Golden Travel Tips:

    • Reserve early as possible for the most vehicle availability and widest selection.
    • Check out Hertz’s vehicle guide to find the perfect vehicle to fit all your passengers, luggage, and gifts this holiday season.
    • Add flight details to your reservation so Hertz can monitor delays and adjust accordingly.
    • Join Hertz Gold Plus Rewards (it’s free to sign up!) to access exclusive member discounts, skip the counter at select locations, earn points redeemable for free rental days and more.
    • Check Hertz neighborhood locations for additional availability during peak travel times.

    About the Hertz Gold Squad
    Launched earlier this year, the Hertz Gold Squad is a team of highly trained Golden Retrievers that specialize in providing comfort in busy environments, such as airports and large events. They were selected for their calm temperament and ability to interact safely with travelers. Each dog works with a certified handler to ensure a positive experience for everyone.

    The pups have visited airports across the U.S. throughout 2025, delighting customers with soothing interactions, photo moments, and plenty of pets.

    Newark is the last stop for 2025, with additional locations and appearances planned for 2026. Travelers can follow the Squad and share where they’d like to see the pups next on Instagram, X, Facebook and TikTok.

    *Travel data based on Hertz advance bookings as of Dec. 10, 2025.

    About Hertz
    Hertz Global Holdings, Inc. is one of the world’s leading car rental and mobility solutions providers. Its subsidiaries, including The Hertz Corporation, and licensees operate the Hertz, Dollar, Thrifty, and Firefly vehicle rental brands, with more than 11,000 rental locations in 160 countries around the globe. The Company also operates the Hertz Car Sales brand, which offers a range of quality, competitively priced used cars for sale online and at locations across the United States, and the Hertz 24/7 car-sharing business in Europe. For more information about Hertz, visit www.hertz.com.

  • Hertz Joins Airlines, Calls for End to Government Shutdown

    Hertz Joins Airlines, Calls for End to Government Shutdown

    ESTERO, Fla, November 6, 2025 – Hertz today released a new statement from Gil West, Chief Executive Officer:

    “We join the airlines in urging Congress to swiftly pass a clean continuing resolution and restore certainty for travelers. Every day of delay creates unnecessary disruption. We are grateful to Secretary Duffy who we know is working hard to bring leaders together to end the shutdown.” — Gil West, Chief Executive Officer, Hertz

     

    ABOUT HERTZ

    Hertz Global Holdings, Inc. is one of the world’s leading car rental and mobility solutions providers. Its subsidiaries, including The Hertz Corporation, and licensees operate the Hertz, Dollar, Thrifty, and Firefly vehicle rental brands, with more than 11,000 rental locations in 160 countries around the globe. The Company also operates the Hertz Car Sales brand, which offers a range of quality, competitively priced used cars for sale online and at locations across the United States, and the Hertz 24/7 car-sharing business in Europe. For more information about Hertz, visit www.hertz.com.

  • Hertz Transformation Drives Record Utilization and Return to EPS Profitability

    Hertz Transformation Drives Record Utilization and Return to EPS Profitability

    “This quarter proves that we’re delivering on our commitments: driving strong results through focused execution and operational discipline,” said Gil West, CEO of Hertz. “Throughout this transformation, we’re rebuilding our foundation while sharpening our skills and capabilities, creating a new platform for growth. Our progress is meaningful, our heads are down, but our eyes are on the horizon as we build a company that can thrive across the full spectrum of mobility.”

    ESTERO, Fla, November 4, 2025 – Hertz Global Holdings, Inc. (NASDAQ: HTZ) (“Hertz,” “Hertz Global,” or the “Company”) today reported results for its third quarter 2025.

    Q3 HIGHLIGHTS

    The Company completed its transformative fleet refresh, setting a new standard for the lifecycle of its vehicles.

    Revenue hit $2.5 billion in the third quarter of 2025, and execution of its Back-to-Basics strategy delivered $184 million of net income and $0.42 of diluted EPS for the Company—both positive for the first time in two years.

    Adjusted Corporate EBITDA surged about $350 million year-over-year in the third quarter to $190 million, reflecting the Company’s disciplined operational execution and improved fleet economics.

    Utilization reached more than 84%, the highest since 2018, driven by improved processes that reduce out of service time of vehicles. This further advances the Company’s progress toward its North Star target of RPU over $1,500.

    The Company drove a nearly 50% year-over-year increase in its North America Net Promoter Score in the third quarter, reflecting a relentless focus on the customer experience with measurable gains in rental ease and vehicle quality confidence.

    The Company ended the quarter with over $2.2 billion in liquidity, underscoring disciplined balance sheet management, positive Adjusted free cash flow of about $250 million, and robust ABS market access.

    The Company’s “Buy Right, Hold Right, Sell Right” fleet strategy continued to yield strong results:

    • The Company strategically monetized its fleet through expanded retail vehicle sales, including its direct-to-consumer Hertz Car Sales platform. The percentage of fleet sold via retail channels increased by 570 basis points in 2025 compared to the first nine months of 2024
    • Depreciation per unit per month (DPU) was $273, aligning with Company guidance and its North Star target of sub-$300
    • The Company has successfully secured procurement for Model Year 2026 vehicles and anticipates maintaining sub-$300 DPU throughout 2026

    Direct operating expenses (DOE) declined 1% year-over-year in the third quarter, while DOE per transaction day improved both sequentially and year-over-year, despite reduced capacity, through rigorous cost control and operational discipline.

    EARNINGS WEBCAST INFORMATION

    Hertz Global’s live webcast and conference call to discuss its third quarter 2025 results will be held on November 4, 2025 at 9:00 a.m. Eastern Time. The conference call will be broadcast live in listen-only mode on the Company’s Investor Relations website at IR.Hertz.com. If you would like to access the call by phone and ask a question, please go to Hertz Q3 2025 earnings teleco registration, and you will be provided with dial in details. Investors are encouraged to dial in approximately 15 minutes prior to the call. A web replay will remain available on the website for approximately one year. The earnings release and related supplemental schedules containing the reconciliations of non-GAAP measures will be available on the Hertz website, IR.Hertz.com.

    ABOUT HERTZ

    Hertz Global Holdings, Inc. is one of the world’s leading car rental and mobility solutions providers. Its subsidiaries, including The Hertz Corporation, and licensees operate the Hertz, Dollar, Thrifty, and Firefly vehicle rental brands, with more than 11,000 rental locations in 160 countries around the globe. The Company also operates the Hertz Car Sales brand, which offers a range of quality, competitively priced used cars for sale online and at locations across the United States, and the Hertz 24/7 car-sharing business in Europe. For more information about Hertz, visit www.hertz.com.

    Read the Full Results

  • Hertz announces New Franchise Partnership in Singapore

    Hertz announces New Franchise Partnership in Singapore

    Ace Drive Pte Ltd, part of Reach Group, appointed as the official Hertz and Thrifty franchisee in Singapore

    The partnership reinforces Hertz’s expansion strategy across Asia-Pacific

    New Singapore operations will offer self-drive rentals, long-term leasing, and chauffeur services

    Melbourne, 30 October 2025 – One of the world’s leading car rental brands, Hertz, has appointed Ace Drive Pte Ltd, a part of Reach Group, as its new franchise partner in Singapore.

    From 1 November 2025, Ace Drive will operate both the Hertz and Thrifty brands locally. It will offer a full range of mobility solutions from short-term self-drive rentals to multi-month and long-term leases, as well as premium chauffeur services for business and leisure travellers.

    With more than two decades of experience in Singapore’s automotive and leasing sector, Ace Drive brings strong local expertise and a customer-first approach. The partnership marks an important step in Hertz’s continued growth across Asia-Pacific, supporting demand in one of the region’s most dynamic business and travel hubs.

    “Hertz is excited to be working with such an established partner, and we believe this partnership is a testament to both parties’ commitment to providing greater convenience and quality service to our customers. It also strengthens Hertz’s network in a key Asian gateway city, ensuring travellers experience the same high standards of reliability and service consistency across the region,” said Damien Shaw, Vice President, Hertz Asia Pacific.

    Commenting on the partnership, Jesse Tan, Founder of Ace Drive Pte Ltd, said: “We’re honoured to represent the Hertz and Thrifty brands in Singapore. With our local expertise and Hertz’s global reach, we’re committed to delivering exceptional service and creating new opportunities for growth across Singapore’s evolving mobility landscape. We warmly welcome both locals and travellers to experience the comfort, reliability and service excellence proudly delivered by Hertz Singapore.”

    For more information and to rent in Singapore, customers can visit hertz.com.

    For more information, commentary or images, please contact:
    CampaignLab
    Daniel Tan
    daniel@campaignlab.com.au
    +61 402 266 321

    About Hertz
    Hertz Global Holdings, Inc. is one of the world’s leading car rental and mobility solutions providers. Its subsidiaries, including The Hertz Corporation, and licensees operate the Hertz, Dollar, Thrifty, and Firefly vehicle rental brands, with more than 11,000 rental locations in 160 countries around the globe. The Company also operates the Hertz Car Sales brand, which offers a range of quality, competitively priced used cars for sale online and at locations across the United States, and the Hertz 24/7 car-sharing business in Europe. For more information about Hertz, visit www.hertz.com.

    About Ace Drive
    Ace Drive, a company of Reach Group, is a leading and multi-award-winning car rental company in Singapore. Backed by more than two decades of industry experience, it is among the first to bring the finest luxury, sports, and exotic car experience, as well as tailor-made corporate and personal car rental and leasing solutions to the Singapore market. For more information about Ace Drive Pte Ltd, visit www.acedrive.sg.