Category: Press Release

  • 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.

  • Hertz Appoints Piero Bussani as Chief Legal Officer

    Hertz Appoints Piero Bussani as Chief Legal Officer

    ESTERO, FLA., October 22, 2025 – Hertz Global Holdings, Inc. (NASDAQ: HTZ) (“Hertz” or the “Company”), a leading global car rental company, today announced that Piero Bussani is joining the company as Executive Vice President and Chief Legal Officer, effective October 27, to lead global legal affairs, government affairs and sustainability and social impact. 

    “Piero brings strategic thinking and operational experience as we continue to transform Hertz,” said Gil West, CEO of Hertz. “He brings a track record from complex, consumer-focused companies, from high-growth startups to large-scale enterprises, and understands how to lead legal functions that enable the business to move with speed and discipline. I’m confident he’ll be a strong partner to our leadership team as we execute on our strategic priorities.” 

    Bussani brings more than three decades of legal and business leadership experience across the real estate, hospitality, consumer-facing, and technology sectors, including 18 years with Blackstone-backed portfolio companies. He most recently served as Chief Legal Officer at Homebound, a technology-enabled home building platform, and has held senior legal and executive positions at Invitation Homes, Revantage (Blackstone’s global real estate services platform), Blockbuster, Extended Stay Hotels, and LXR Luxury Resorts. He began his career with the Washington, D.C. law firm Arent Fox. 

    Piero Bussani said, “Hertz is an iconic brand with a clear path forward, and I’m excited to join the team at this pivotal time. The company is making the right moves to strengthen its position and drive sustainable growth, and, together with the strong legal team in place, I look forward to supporting that work as we help Hertz achieve its goals.” 

    Throughout his career, Bussani has led and overseen litigation, regulatory & compliance, contracts, risk and insurance, capital markets, and corporate transactions. In addition to his corporate roles, Bussani serves as Chairman of Florida Atlantic University, as well as a Trustee of CubeSmart (NYSE: CUBE) and Cleveland Clinic Weston. He earned his Juris Doctor from the State University of New York at Buffalo School of Law and his Bachelor of Arts in International Studies from American University. 

     

    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.  

    Contact: mediarelations@hertz.com 

     

  • Hertz Promotes Mike Moore to Chief Operating Officer

    Hertz Promotes Mike Moore to Chief Operating Officer

    ESTERO, FLA., October 03, 2025 – Hertz Global Holdings, Inc. (NASDAQ: HTZ) (“Hertz” or the “Company”), a leading global car rental company, today announced that Mike Moore has been promoted to Executive Vice President, Chief Operating Officer with direct, end-to-end responsibility for all fleet operations. 

    “As we continue transforming Hertz for the long term, Mike’s appointment reflects our commitment to disciplined execution and operational excellence,” said Gil West, CEO of Hertz. “Mike’s proven leadership in optimizing our fleet and delivering process rigor, combined with his deep knowledge of our business, make him the right leader to drive results and strengthen our foundation for sustained performance.”   

    Mike Moore joined Hertz in July 2024 as Executive Vice President Technical Operations. With over 25 years of experience in fleet operations and maintenance, Moore has expertise in operational oversight and implementing process improvements that drive cost efficiencies and enhance financial performance. He has held leadership positions at Delta Air Lines, where he spent a decade in operations-focused roles of increasing responsibility, and at Northwest Airlines, among other companies. Prior to joining Hertz, he most recently served as Executive Vice President, Spaceline Technical Operations at Virgin Galactic. Moore holds an MBA from Indiana Wesleyan University and a Bachelor of General Studies degree from Valdosta State University.   

    Mike Moore said, “Successful operations start with a strong team, clear data, and disciplined execution. At Hertz, we’re fortunate to have a team full of determination that’s helping drive our turnaround and build the foundation for long-term success. In Operations, we embrace the daily grind, connecting fleet, safety, customer service, and technical operations into something greater. It’s a privilege to lead this team that’s putting in the hard work to transform our operations with a relentless focus on delivering the experience our customers deserve.” 

     

    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.  

    Contact: mediarelations@hertz.com 

     

  • Hertz Car Sales Launches Online Car Buying

    Hertz Car Sales Launches Online Car Buying

    Retail expansion builds on Hertz Car Sales’ recent collaboration with Amazon Autos, now available nationwide

    ESTERO, FLA., September 30, 2025 – Hertz Car Sales, which offers one of the largest selections of high-quality used vehicles direct to consumers, today announced the launch of a fully online car-buying experience at HertzCarSales.com. Shoppers nationwide can now browse, finance, and purchase vehicles entirely online, gaining greater confidence, transparency, and convenience through the enhanced digital platform.

    With this expansion, HertzCarSales.com has transformed from an online catalog into a full-service e-commerce platform. Customers can continue to browse thousands of well-maintained used vehicles for every budget, but now also get a trade-in offer, get pre-qualified to view personalized payments, view optional protection plans, and secure credit approval to finalize their purchase – all online.

    “Our new e-commerce platform marks a major step forward in modernizing how we serve our customers with a seamless journey from browsing to ownership,” said Gil West, Chief Executive Officer at Hertz. “By enhancing our digital capabilities, we’re meeting customers where they are and giving them greater visibility into our inventory, easier purchasing processes, and broader access to quality Hertz vehicles. This also marks a critical milestone in executing our strategy to make retail our primary car selling channel.”

    Over the past year, Hertz has made a concerted effort to grow its retail channels, including enhancing the digital customer experience and expanding its Rent2Buy program, which have already contributed to record-breaking sales performance. Enabling customers to fully transact online also builds on the recently announced collaboration with Amazon Autos, which allows customers to browse, finance, and schedule vehicle pickup directly through Amazon. Initially launched in four cities, it has now expanded to all Hertz Car Sales locations across the U.S. Whether on Amazon or HertzCarSales.com, Hertz is meeting customers where they are, with faster, more convenient ways to buy a car online.

    Hertz Car Sales is teaming up again with NFL legend Tom Brady for a new national ad campaign launching October 1. Brady highlights the ease and confidence of buying a car online or at any of Hertz’s 45 locations nationwide. The campaign will run across social media, digital channels, and streaming platforms.

    The Hertz Car Sales Difference
    Whether you’re looking for a reliable commuter car, a family SUV, or a luxury ride, Hertz Car Sales makes it easy to find the right fit without the pressure. Hertz Car Sales offers top-rated pre-owned vehicles at competitive prices, often below Kelley Blue Book Suggested Retail Value, including thousands of 2025 models from Hertz’s newest fleet ever. Additionally:

    • Hertz Certified vehicles undergo a rigorous 115-point inspection
    • Vehicles are backed by a 12-month/12,000-mile limited powertrain warranty in addition to any remaining factory new vehicle warranty coverage
    • 24-hour roadside assistance, and a 7-day/250-mile buy-back guarantee*
    • Flexible financing options from top lenders
    • Detailed vehicle history and condition reports

    To learn more, visit HertzCarSales.com or https://www.hertzcarsales.com/buy-online.htm

    *Terms apply. Visit HertzCarSales.com to learn more.

    About Hertz Car Sales
    Hertz Car Sales offers an extensive range of quality pre-owned cars, SUVs, and trucks at competitive prices. With 45 locations nationwide and a convenient online platform, Hertz Car Sales’ commitment to quality, transparency, and customer satisfaction means no hidden fees, detailed vehicle histories and straightforward pricing. Vehicles undergo comprehensive inspections and maintenance, ensuring customers purchase reliable vehicles they can trust. Learn more at hertzcarsales.com.

    For more information, contact: mediarelations@hertz.com

  • Hertz Announces Completion of $425 Million Exchangeable Senior Notes Offering

    Hertz Announces Completion of $425 Million Exchangeable Senior Notes Offering

    Involvement of Pershing Square Capital Management L.P. affirms confidence in Company’s turnaround strategy 

    ESTERO, Fla., September 29, 2025 — Hertz Global Holdings, Inc. (NASDAQ: HTZ) (“Hertz” or the “Company”), a leading global rental car company, today announced that its wholly-owned indirect subsidiary, The Hertz Corporation (“Hertz Corp.”) has completed an offering of $425 million aggregate principal amount of its 5.500% Exchangeable Senior Notes due 2030 (the “Notes”), which includes the exercise in full of the initial purchasers’ option to purchase up to an additional $50 million principal amount of the Notes. 

    With the completion of this offering, the Company has further strengthened its financial position with the support of notable investors, including Pershing Square, to further its ongoing corporate transformation.  

    “The decision by Pershing Square and other key Hertz investors to increase their long economic exposure to the company, combined with the oversubscription of this offering, underscores the strong confidence in our company,” said Scott Haralson, Chief Financial Officer at Hertz. “As we transform our business, the substantial investment from existing and new investors demonstrates their shared belief that our strategy and disciplined execution have positioned the company for future success.” 

    For additional details, please refer to the Company’s Form 8-K filing with the U.S. Securities and Exchange Commission. 

     

    ABOUT HERTZ 

    Hertz Global Holdings Inc. is one of the world’s leading car rental and mobility solutions providers. Its subsidiaries 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, as well as the Hertz Car Sales brand, which offers a range of quality, competitively priced used cars for sale online and at locations across the US, and the Hertz 24/7 car sharing business in Europe. 

     

    CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS 

    This press release contains “forward-looking statements” within the meaning of the federal securities laws. Words such as “expect,” “will” and “intend” and similar expressions identify forward-looking statements, which include but are not limited to statements related to our positioning, strategy, vision, forward looking investments, conditions in the travel industry, our financial and operational condition, our sources of liquidity, the consummation of the offering, Hertz Corp.’s expected use of proceeds from the proposed offering. We caution you that these statements are not guarantees of future performance and are subject to numerous evolving risks and uncertainties that we may not be able to accurately predict or assess, including risks and uncertainties related to completion of the offering, market conditions (including market interest rates) and the satisfaction of customary closing conditions related to the offering, unanticipated uses of capital and those in our risk factors that we identify in the offering memorandum for the offering and our most recent annual report on Form 10-K for the year ended December 31, 2024, as filed with the U.S. Securities and Exchange Commission on February 18, 2025, and any updates thereto in the Company’s quarterly reports on Form 10-Q and current reports on Form 8-K. We caution you not to place undue reliance on our forward-looking statements, which speak only as of their date, and we undertake no obligation to update this information. 

    Contact 

    Hertz Investor Relations: investorrelations@hertz.com

    Hertz Media Relations: Mediarelations@hertz.com