Category: Press Release

MOORESVILLE, N.C., Aug. 31, 2015 /PRNewswire/ — Team Penske and Hertz will debut a new livery on the No. 22 Ford Mustang driven by Joey Logano for the upcoming NASCAR Xfinity Series (NXS) event at Darlington Raceway on Saturday, Sept. 5. As part of the overall throwback weekend at Darlington Raceway, the car’s new paint scheme will be an ode to the famed Hertz / Shelby GT350H "Rent-A-Racer" program from the 1960s and will feature a black scheme with gold racing stripes.

Continue Reading

Nearly 50 years ago, Carroll Shelby and The Hertz Corporation devised a popular plan to help get select high-performance, special-edition Shelby Mustangs into the hands of rental customers who also happened to be car enthusiasts. Ford supplied the new Mustangs with V-8 engines and mostly automatic transmissions while Shelby added extra performance and style, and Hertz gave the public access to the kind of unique driving experience that one would normally only find on a racetrack. Today, the story of the Shelby/Hertz "Rent-A-Racer" is legendary, and existing Shelby GT350H Mustangs are among the most sought-after collector cars in the world.

"We are excited to commemorate the famed Hertz/Shelby ‘Rent-A-Racer’ program that introduced car enthusiasts to the iconic Shelby Mustang five decades ago and is the forerunner to Hertz’s Adrenaline collection of high-performance vehicles today," said Bob Stuart, Executive Vice President, Global Sales. "Together with Team Penske, we will be honoring our unique history with Carroll Shelby while celebrating the legacy of the Ford Mustang driving experience."

Team Penske and Hertz have a successful history of collaborating on special paint schemes. In 2013, Logano drove a special-look No. 22 Mustang at New Hampshire Motor Speedway painted to mirror the limited-edition Hertz Penske GT that was debuted that same year and available from the Hertz Adrenaline Collection, similar to the "Rent-A-Racer" program.

"I’m pretty excited to run this special Hertz paint scheme," said Logano, a four-time NXS winner this season – his most recent coming at Watkins Glen International on August 8 as part of a weekend sweep that also saw Logano win the NASCAR Sprint Cup Series (NSCS) race on Sunday. "Anytime you can get behind the wheel of a car that has a new look to it, people take notice. And the Hertz Rent-A-Racer car just looks fast. I think it will stand out, especially among all the cars that will have really cool throwback paint schemes that weekend in Darlington."

Darlington is celebrating its race weekend with a retro feel across the board – including a special pre-race concert, unique logos, throwback souvenirs and more. A number of teams in both the NASCAR Sprint Cup Series and NASCAR Xfinity Series will run throwback paint schemes throughout the weekend.

Logano has earned 25-career NXS victories, including one at Darlington in 2012. In eight races this season, Logano has won four times and finished in the top-five on six occasions. He’s also earned four poles, giving him 30 in his career and moving him to second on the all-time NXS pole winners list. In addition to his success in the XFINITY Series this season, Logano has also earned three NSCS wins in 2015 and sits second in the point standings.

The NASCAR XFINITY Series VFW Sport Clips Help A Hero 200 will take place on Saturday, Sept. 5 at 3:30 pm ET. The race will be broadcast on NBC, with radio coverage on the Motor Racing Network and SiriusXM NASCAR Channel 90.

About Team Penske
Team Penske is one of the most successful teams in the history of professional sports. Competing in a variety of disciplines, cars owned and prepared by Penske Racing have produced more than 400 major race wins, over 450 pole positions and 27 National Championships. The team has also earned 16 Indianapolis 500 victories in its storied history. Team Penske was also recently recognized by the Sports Business Journal as a finalist for the publication’s prestigious annual Professional Sports Team of the Year award. For more information about Team Penske, please visit www.teampenske.com.

About Hertz
Hertz operates the Hertz, Dollar, Thrifty and Firefly car rental brands in more than 10,300 corporate and licensee locations throughout approximately 150 countries in North America, Europe, Latin America, Asia, Australia, Africa, the Middle East and New Zealand. Hertz is the largest worldwide airport general use car rental company with more than 1,600 airport locations in the U.S. and more than 1,300 airport locations internationally. Product and service initiatives such as Hertz Gold Plus Rewards, NeverLost®, Carfirmations, Mobile Wi-Fi and unique vehicles offered through the Adrenaline, Dream, Green and Prestige Collections set Hertz apart from the competition. Additionally, Hertz owns the vehicle leasing and fleet management leader Donlen Corporation and sells vehicles through its Rent2Buy program. The Company also owns Hertz Equipment Rental Corporation ("HERC"), one of the largest equipment rental businesses with more than 350 locations worldwide offering a diverse line of equipment and tools for rent and sale. HERC primarily serves the construction, industrial, oil, gas, entertainment and government sectors. For more information about Hertz, visit: www.hertz.com.

Photo – http://photos.prnewswire.com/prnh/20150831/262227
Photo – http://photos.prnewswire.com/prnh/20150831/262228
Logo – http://photos.prnewswire.com/prnh/20130620/NY35609LOGO

SOURCE The Hertz Corporation

Related Links

http://www.hertz.com

ESTERO, Fla., Aug. 24, 2015 /PRNewswire/ — Alexandria Marren is joining Hertz Global Holdings (NYSE:HTZ) as Executive Vice President, North American Rental Car Operations. Marren is a travel-industry veteran with more than 30 years of experience and leadership in operations and customer service functions.

Hertz also named Dewayne Kirkham as Senior Vice President and General Manager of Hertz Local Edition (HLE). A 19-year veteran of Hertz, Kirkham will have responsibility for Hertz’s off-airport operation, which includes more than 3,000 locations in the U.S.

"Alex is an exceptional leader who brings to Hertz a track record of results across a broad range of operational and customer service roles," said John Tague, Hertz president and chief executive officer. "As an executive, she has demonstrated that she can consistently deliver high-quality service combined with efficiency, effectiveness and exceptional financial performance.

"Dewayne’s years of experience leading our rental car operations in the field, including on- and off-airport, make him ideally suited to bring a focus of improved financial performance and responsible growth to our off-airport locations," Tague said.

Marren comes to Hertz from ExpressJet Airlines, part of SkyWest, Inc., where she was Chief Operating Officer. She led the ExpressJet division for SkyWest and drove a turnaround to best-in-class among regional carriers for operational performance as well as improved financial results. Prior to ExpressJet, Marren was Senior Vice President at United Airlines and United Express. In that role, she was responsible for the airline’s Network Operations Control center, as well as managing its regional airline partners. Marren served in a number of executive roles at United, including leading the Onboard Service group, during her more than 25-year career there.

"I am excited to be joining the Hertz team and working with everyone to deliver service excellence to our customers," Marren said. "Hertz is an iconic brand with broad reach and a rich tradition of innovation and a reputation for premium service. I am honored to be part of the team."

Marren has a Bachelor’s of Arts degree in History from Harvard College and completed an Advanced Executive Education program from Northwestern University.

She is a member of the Board of Directors for the American Red Cross.

ABOUT HERTZ GLOBAL HOLDINGS, INC.

Hertz Global Holdings operates the Hertz, Dollar, Thrifty and Firefly car rental brands in more than 10,300 corporate and licensee locations throughout approximately 150 countries in North America, Europe, Latin America, Asia, Australia, Africa, the Middle East and New Zealand. Hertz Global is the largest worldwide airport general use car rental company with more than 1,600 airport locations in the U.S. and more than 1,300 airport locations internationally. Product and service initiatives such as Hertz Gold Plus Rewards, NeverLost®, Carfirmations, Mobile Wi-Fi and unique vehicles offered through the Adrenaline, Dream, Green and Prestige Collections set Hertz Global apart from the competition. Additionally, Hertz Global owns the vehicle leasing and fleet management leader Donlen Corporation, and sells vehicles through its Rent2Buy program. The Company also owns Hertz Equipment Rental Corporation ("HERC"), one of the largest equipment rental businesses with more than 350 locations worldwide offering a diverse line of equipment and tools for rent and sale. HERC primarily serves the construction, industrial, oil, gas, entertainment and government sectors. For more information about Hertz Global, visit: www.hertz.com.

Logo – http://photos.prnewswire.com/prnh/20130620/NY35609LOGO

SOURCE The Hertz Corporation

Related Links

http://www.hertz.com

ESTERO, Fla., Aug. 20, 2015 /PRNewswire/ — The Hertz Corporation (NYSE: HTZ), which includes the Hertz, Dollar and Thrifty brands, has announced the expansion of its Green Traveler Collection fleet to include the 2016 Hyundai Sonata Hybrid in select cities across the U.S.

"Hertz is always looking for opportunities to improve and grow our sustainability efforts, as well as provide customers vehicle rental options that are fuel efficient, so we’re excited to add the newly redesigned Hyundai Sonata Hybrid to our green fleet," said Tom Frese, Senior Vice President, Fleet and Procurement.

Continue Reading

The new Sonata Hybrid, rated at 40 mpg city and 44 mpg highway, switches seamlessly between a gasoline engine and an electric motor to deliver efficient power. The gasoline engine delivers the primary charge energy for the lithium polymer batteries, while the regenerative braking system captures the energy created during braking and converts it into electricity to help recharge the hybrid’s lithium polymer batteries. For flexible loading, the Sonata Hybrid features a 60/40 split fold-down rear seatback. The vehicle’s battery pack has been designed to fit below the trunk floor, giving drivers a flat, unobstructed space for loading.

The Sonata Hybrid is available to rent at airports including Los Angeles, Orange County, San Francisco, Atlanta, Dulles International and Chicago, as well as cities such as San Jose, San Diego and Long Beach in California; Portland, Oregon; and Denver. The new Sonata Hybrid is just one of Hertz’s smart mobility rental choices available in the Company’s Green Traveler Collection, a line of hybrid, electric and clean diesel vehicles that offer high-fuel efficiency while being easy on the wallet. All of the Green Traveler cars have fuel efficiency ratings starting at 33+ highway mpg.

As part of Hertz’s commitment to sustainability, the company believes it has one of the most fuel-efficient rental fleets in the industry. More than 80 percent of Hertz’s vehicles have a minimum fuel-efficiency rating of 28 highway mpg. Environmental efficiency programs’ efforts resulted in recycling over 2 million gallons of used oil and auto waste in 2014, and more than 80 percent of the company’s car washes use reclaimed water. The Hertz sustainability program also includes mixed recycling at Hertz rental locations, which saw a 42 percent increase in tons of waste recycled in 2014; and tire recycling, which resulted in 414,000 tires diverted from landfills in 2014. Additionally, the company currently has 15 solar locations, with projected growth to 20 by 2016.

ABOUT HERTZ
Hertz operates the Hertz, Dollar, Thrifty and Firefly car rental brands in more than 10,300 corporate and licensee locations throughout approximately 150 countries in North America, Europe, Latin America, Asia, Australia, Africa, the Middle East and New Zealand. Hertz is the largest worldwide airport general use car rental company with more than 1,600 airport locations in the U.S. and more than 1,300 airport locations internationally. Product and service initiatives such as Hertz Gold Plus Rewards, NeverLost®, Carfirmations, Mobile Wi-Fi and unique vehicles offered through the Adrenaline, Dream, Green and Prestige Collections set Hertz apart from the competition. Additionally, Hertz owns the vehicle leasing and fleet management leader Donlen Corporation and sells vehicles through its Rent2Buy program. The Company also owns Hertz Equipment Rental Corporation ("HERC"), one of the largest equipment rental businesses with more than 350 locations worldwide offering a diverse line of equipment and tools for rent and sale. HERC primarily serves the construction, industrial, oil, gas, entertainment and government sectors. For more information about Hertz, visit: www.hertz.com.

Photo – http://photos.prnewswire.com/prnh/20150820/259934
Logo – http://photos.prnewswire.com/prnh/20130620/NY35609LOGO

SOURCE The Hertz Corporation

Related Links

http://www.hertz.com

NAPLES, Fla., July 28, 2015 /PRNewswire/ — Hertz Global Holdings Inc. (NYSE: HTZ) today announced the introduction of the Porsche Macan Turbo to its Dream Cars collection, a line of ultra-high-end performance vehicles. This all-new luxury crossover SUV from Porsche joins other Porsche models available from Hertz, including the 911, Panamera, Cayenne, Boxster and Cayman. Hertz’s exclusive Dream Cars collection also includes luxury models from Mercedes-Benz, BMW, Land Rover, Jaguar and more.

Continue Reading

"With the expansion of Hertz Dream Cars to include the turbo variant of this extremely popular, bold crossover SUV, we are bringing customers the best options available in luxury cars," said Tom Frese, Senior Vice President, Fleet and Procurement. "Hertz is continuing to redefine the premium car rental experience, offering a truly unique selection of the finest vehicles on the planet."

Available in Los Angeles, San Francisco, Ft. Lauderdale, Miami and Denver airports, the Macan Turbo blends everyday usability with Porsche’s renowned sports-car heritage and feel. Combining a 400 hp twin-turbo V6 engine and Porsche’s trademark steering feel with an industry defining PDK dual-clutch automated transmission, the all-wheel drive Macan Turbo can seat five with luggage while rocketing to 60 mph in 4.6 seconds.

Dream Car renters have the opportunity to enjoy a once-in-a-lifetime luxury driving experience in 35 markets, including Los Angeles, Miami and Las Vegas. Hertz Dream Car rentals include a VIP treatment, beginning with a personalized reservation service available through www.HertzDreamCars.com and via 888.296.9124, although consumers can also reserve most Dream Cars via standard Hertz rental channels. A Hertz representative will either personally meet customers at their airport terminal to provide a one-on-one orientation to the car or deliver the car directly to the customer.

In addition to its Dream Cars collection, Hertz has an extensive fleet of specialty vehicles, including the Prestige collection, a unique line of high-end vehicles; the Adrenaline Collection, an exhilarating line of head-turning, heart-pumping, specialty performance versions of America’s most popular muscle cars; and the Green Traveler collection, a line of hybrid, electric and clean diesel vehicles that offer high-fuel efficiency while being easy on the wallet.

For more information, visit www.HertzDreamCars.com.

ABOUT HERTZ
Hertz operates the Hertz, Dollar, Thrifty and Firefly car rental brands in more than 10,300 corporate and licensee locations throughout approximately 145 countries in North America, Europe, Latin America, Asia, Australia, Africa, the Middle East and New Zealand. Hertz is the largest worldwide airport general use car rental company with more than 1,600 airport locations in the U.S. and more than 1,300 airport locations internationally. Product and service initiatives such as Hertz Gold Plus Rewards, NeverLost®, Carfirmations, Mobile Wi-Fi and unique vehicles offered through the Adrenaline, Dream, Green and Prestige Collections set Hertz apart from the competition. Additionally, Hertz owns the vehicle leasing and fleet management leader Donlen Corporation, operates the Hertz 24/7 hourly car rental business and sells vehicles through its Rent2Buy program. The Company also owns Hertz Equipment Rental Corporation ("HERC"), one of the largest equipment rental businesses with more than 350 locations worldwide offering a diverse line of equipment and tools for rent and sale. HERC primarily serves the construction, industrial, oil, gas, entertainment and government sectors. For more information about Hertz, visit: www.hertz.com.

Photo – http://photos.prnewswire.com/prnh/20150727/246409

SOURCE Hertz Global Holdings, Inc.

Related Links

http://www.HertzDreamCars.com

ESTERO, Fla., July 27, 2015 /PRNewswire/ — Hertz Global Holdings, Inc. (NYSE: HTZ) ("Hertz" or "the Company") today announced that its annual meeting of shareholders will take place on October 15, 2015. Shareholders of record on August 24, 2015, the record date for the meeting, will be entitled to vote at the meeting.

About Hertz

Hertz operates the Hertz, Dollar, Thrifty and Firefly car rental brands in more than 10,300 corporate and licensee locations throughout approximately 145 countries in North America, Europe, Latin America, Asia, Australia, Africa, the Middle East and New Zealand. Hertz is the largest worldwide airport general use car rental company with more than 1,600 airport locations in the U.S. and more than 1,300 airport locations internationally. Product and service initiatives, such as Hertz Gold Plus Rewards, and unique vehicles offered through the Adrenaline, Dream, Green and Prestige Collections set Hertz apart from the competition. Additionally, Hertz owns other subsidiary business, such as the vehicle leasing and fleet management leader Donlen Corporation, and sells vehicles through its Rent2Buy program. The Company also owns HERC, one of the largest equipment rental businesses with more than 350 locations worldwide offering a diverse line of equipment and tools for rent and sale. HERC primarily serves the construction, industrial, oil, gas, entertainment and government sectors. For more information about Hertz, visit: www.hertz.com.

Cautionary Note Concerning Forward Looking Statements

Certain statements contained in this release include "forward-looking statements." These statements often include words such as "believe," "becoming," "expect," "project," "potential," "preliminary," "anticipate," "intend," " plan," "estimate," "seek," "will," "may," "would," "should," "could," "forecasts" or similar expressions. These statements are based on certain assumptions that the Company has made in light of current conditions, expected future developments and other factors it believes are appropriate in these circumstances. The Company believes these judgments are reasonable, but you should understand that these statements are not guarantees of performance or results, and the Company’s actual results could differ materially from those expressed in the forward-looking statements due to a variety of important factors, both positive and negative, that may be revised or supplemented in subsequent reports on SEC Forms 10-K, 10-Q and 8-K.

You should not place undue reliance on forward-looking statements. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by the foregoing cautionary statements. All such statements speak only as of the date made, and the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE Hertz Global Holdings, Inc.

Related Links

http://www.hertz.com

ESTERO, Fla. and LONDON, July 21, 2015 /PRNewswire/ — The Hertz Corporation (NYSE: HTZ) today announced that Jim Mueller has been appointed Senior Vice President for International Sales, Marketing and Revenue Management effective July 21, and will be based at Hertz’s international headquarters office outside of London. Mr. Mueller will report functionally to Jeffrey Foland, Senior Executive Vice President and Chief Revenue Officer, and operationally to Michel Taride, Group President, Rent a Car International.

Mr. Mueller will be responsible for Hertz Rent a Car international sales and marketing activity, revenue management (pricing) and ancillary revenues. He joins Hertz as a senior-level international sales and marketing executive with extensive experience in the Asia/Pacific, Europe, Middle East, Africa and India regions most recently as Senior Vice President, Global Sales for Etihad Airways, and previously holding international positions for United Airlines and Northwest/Delta Airlines.

"Jim has a proven record of executing successful international sales strategies and will take responsibility for driving the quality of our international revenues as well as our global sales and revenue management strategies into our international markets," said Jeff Foland.

Michel Taride added: "We are pleased to have Jim join the organization with his breadth of travel industry experience in global markets and success in integration of multi-brands."

Mr. Mueller has most recently served as Senior Vice President, Global Sales for Etihad Airways. He has also served as Vice President, Atlantic and Pacific Sales for United Airlines, where he led marketing and sales activities for Asia/Pacific, India and EMEA markets, including joint venture sales with the Lufthansa Group, Air Canada and All Nippon Airways. Previously at United Airlines, he held the positions of Vice President, Asia Pacific and Managing Director, Customer Solutions.

Mr. Mueller joined United Airlines from Northwest Airlines/Delta Airlines where he most recently served as Managing Director, Vice President Global Cargo Sales and Managing Director, Asia. Mr. Mueller started at Northwest Airlines in 1993, holding increasingly senior roles in pricing, yield management, revenue management, marketing planning and sales. Mr. Mueller has a Master of Business Administration from the University of Minnesota and an undergraduate degree cum laude in Economics from Saint John’s University in Minnesota.

ABOUT HERTZ

Hertz operates the Hertz, Dollar, Thrifty and Firefly car rental brands in more than 10,300 corporate and licensee locations throughout approximately 145 countries in North America, Europe, Latin America, Asia, Australia, Africa, the Middle East and New Zealand. Hertz is the largest worldwide airport general use car rental company with more than 1,600 airport locations in the U.S. and more than 1,300 airport locations internationally. Product and service initiatives such as Hertz Gold Plus Rewards, NeverLost®, Carfirmations, Mobile Wi-Fi and unique vehicles offered through the Adrenaline, Dream, Green and Prestige Collections set Hertz apart from the competition. Additionally, Hertz owns the vehicle leasing and fleet management leader Donlen Corporation, operates the Hertz 24/7 hourly car rental business and sells vehicles through its Rent2Buy program. The Company also owns Hertz Equipment Rental Corporation ("HERC"), one of the largest equipment rental businesses with more than 350 locations worldwide offering a diverse line of equipment and tools for rent and sale. HERC primarily serves the construction, industrial, oil, gas, entertainment and government sectors. For more information about Hertz, visit: www.hertz.com.

Media Contact:

Hertz Media Relations
Telephone: + 1 239-598-6300
Email: mediarelations@hertz.com

Logo – http://photos.prnewswire.com/prnh/20130620/NY35609LOGO

SOURCE The Hertz Corporation

Related Links

http://www.hertz.com

LONDON, July 2, 2015 /PRNewswire/ — The Hertz Corporation (NYSE:HTZ) has said that despite lengthy discussions regarding a contractual dispute it regrets that it had to end its car hire agreement with Ryanair. Hertz reassures customers that existing bookings will be fully honored and that future bookings can be made directly at the Hertz, Thrifty and Firefly websites.

Michel Taride, Group President of Hertz International, commented: "We have enjoyed many years of a successful relationship with Ryanair, but unfortunately we were not able to reach agreement with the airline over a significant contractual dispute in spite of considerable effort.

"The majority of Ryanair passengers who need car hire from the Hertz brands in July and August are already booked and confirmed. Any customer who wishes to book car rental and enjoy great service at competitive rates can make arrangements directly with us. Customers can also modify existing bookings on the Ryanair website.

"Hertz deeply values all of its partnerships, some which have been going for more than 20 years. We strongly believe in mutually beneficial partnerships and would never take lightly the decision to end a key relationship.

"We are confident in our legal position and intend to pursue this matter vigorously through the courts."

Customers wishing to book car rental with Hertz, Thrifty, and Firefly can visit the following websites:

Hertz:

All countries: www.hertz.com

Thrifty:

Belgium: www.thrifty.be
Czech Republic: www.thrifty.ch
France: www.thrifty.fr
Germany: www.thrifty.de
Ireland: www.thrifty.ie
Italy: www.thriftycars4rent.it
Luxemburg: www.thrifty.lu
Netherlands: www.thrifty.nl
Spain: www.thrifty.es

For other countries:
www.thriftycars4rent.com

Firefly

Arab Emirates: www.fireflycarrental.ae
Belgium: www.fireflycarrental.be
Czech Republic: www.fireflycarrental.ch
France: www.fireflycarrental.fr
Germany: www.fireflycarrental.de
Hungary: www.fireflycarrental.hr
Iceland: www.fireflycarrental.is
Italy: www.fireflycarrental.it
Malta: www.fireflycarrental.mt
Netherlands: www.fireflycarrental.nl
Spain: www.fireflycarrental.es
UK: www.fireflycarrental.co.uk

ABOUT HERTZ

Hertz operates the Hertz, Dollar, Thrifty and Firefly car rental brands in more than 10,300 corporate and licensee locations throughout approximately 145 countries in North America, Europe, Latin America, Asia, Australia, Africa, the Middle East and New Zealand. Hertz is the largest worldwide airport general use car rental company with more than 1,600 airport locations in the U.S. and more than 1,300 airport locations internationally. Product and service initiatives such as Hertz Gold Plus Rewards, NeverLost®, Carfirmations, Mobile Wi-Fi and unique vehicles offered through the Adrenaline, Dream, Green and Prestige Collections set Hertz apart from the competition. Additionally, Hertz owns the vehicle leasing and fleet management leader Donlen Corporation, operates the Hertz 24/7 hourly car rental business and sells vehicles through its Rent2Buy program. The Company also owns Hertz Equipment Rental Corporation ("HERC"), one of the largest equipment rental businesses with more than 350 locations worldwide offering a diverse line of equipment and tools for rent and sale. HERC primarily serves the construction, industrial, oil, gas, entertainment and government sectors. For more information about Hertz, visit: www.hertz.com.

Hertz Press Contact:
Cathy Madden, Head of Public Affairs, PSG Plus
Mob: 00353 86 605 02 69

Gemma Hart
Alex Finnegan
Brunswick Group
212-333-3810

Logo – http://photos.prnewswire.com/prnh/20130620/NY35609LOGO

SOURCE The Hertz Corporation

Related Links

http://www.hertz.com

NAPLES, Fla., June 26, 2015 /PRNewswire/ — The Hertz Corporation (NYSE: HTZ) has announced that it has entered into exclusive negotiations with the LOXAM Group (Loxam) for the potential acquisition of the France and Spain businesses of Hertz Equipment Rental Corporation (HERC) through the transfer of the entire share capital of Hertz Equipement France SAS and Hertz Alquiler de Maquinaria, SLU. The proposed transaction includes 60 locations in France and two in Spain. As part of the process, HERC and Loxam are each consulting with their respective Works Councils in France.

HERC is a leading North American equipment rental company with operations in the Middle East and China along with a presence in seven other countries through franchise partnerships. The potential divestiture of its France and Spain businesses would enable HERC to focus on core and specialty market expansion. In addition, the move is in line with HERC’s strategy to maximize profitability and shareholder value as part of its planned separation from The Hertz Corporation.

Loxam is the leading equipment rental company in Europe, with over 4,500 employees and 623 locations across 14 countries. The potential acquisition would increase its market share in the Paris area and the North and West of France as well as reinforce its Spanish network, strengthening Loxam’s positioning as a premier player in the European rental industry.

The proposed transaction remains subject to receipt of the requisite works council opinions, the signing of the sale agreements and obtaining required corporate and regulatory approvals. Terms of the potential share purchase have not been disclosed.

About Hertz
Hertz operates the Hertz, Dollar, Thrifty and Firefly car rental brands in more than 10,300 corporate and licensee locations throughout approximately 145 countries in North America, Europe, Latin America, Asia, Australia, Africa, the Middle East and New Zealand. Hertz is the largest worldwide airport general use car rental company with more than 1,600 airport locations in the U.S. and more than 1,300 airport locations internationally. Product and service initiatives such as Hertz Gold Plus Rewards, NeverLost®, Carfirmations, Mobile Wi-Fi and unique vehicles offered through the Adrenaline, Dream, Green and Prestige Collections set Hertz apart from the competition. Additionally, Hertz owns the vehicle leasing and fleet management leader Donlen Corporation, operates the Hertz 24/7 hourly car rental business and sells vehicles through its Rent2Buy program. The Company also owns Hertz Equipment Rental Corporation ("HERC"), one of the largest equipment rental businesses with more than 350 locations worldwide offering a diverse line of equipment and tools for rent and sale. HERC primarily serves the construction, industrial, oil, gas, entertainment and government sectors. For more information about Hertz, visit: www.hertz.com.

About Loxam
Loxam is the leading equipment rental company in Europe with consolidated revenue of €812 million in 2014 and approximately 4,500 employees. LOXAM’s network of more than 623 branches extends over 12 countries in Europe (France, Germany, the United Kingdom, Ireland, Belgium, Switzerland, Spain, Luxemburg, the Netherlands, Denmark, Norway and Sweden) as well as in Morocco and Brazil.

SOURCE The Hertz Corporation

Related Links

http://www.hertz.com

LONDON, June 25, 2015 /PRNewswire/ — The Hertz Corporation (NYSE:HTZ) is the first car rental company to offer the all-new Volvo XC90 for rent in the UK, enabling its customers to enjoy a superior experience on the road. Currently available from Hertz’s branches at London Marble Arch, Heathrow Airport and Edinburgh Airport, the premium seven seat SUV becomes the Hero Model of the Hertz UK’s exclusive Prestige Collection. This unique range of luxurious vehicles is backed by Hertz’s Make and Model guarantee that ensures customers drive away the exact car they booked.

Continue Reading

"Adding the all-new Volvo XC90 to our fleet reflects our aim to always offer our customers the best vehicles in the market," said Neil Cunningham, General Manager, Hertz UK. "Our motorist enthusiast customers will surely be delighted to be among the first to access the outstanding performance, in-car features and Scandinavian design that characterize the all-new XC90. The Hero Model of our Prestige Collection, the all-new XC90 perfectly represents the luxury, high levels of comfort, elegance and performance embodied by the Volvo range. Whether you need a stylish car for business, a special occasion or a road trip with the family, this Volvo masterpiece is the right choice," continued Cunningham.

The all-new Volvo XC90 features a combination of power, fuel efficiency and sleek interior and exterior design. The model incorporates Volvo’s own range of smarter and intuitive new technologies and innovations. This includes the in-car touchscreen control system Sensus, encompassing information, entertainment, and connectivity, and IntelliSafe, a set of safety related features, designed to protect those inside and outside the vehicle. IntelliSafe’s components include front collision warning with auto-brake and cyclist detection, world-first run-off-road protection and auto brake at junction technologies, amongst many others. In addition, the new seven-seat vehicle boasts high levels of comfort and performance with low CO2 emissions and innovatively designed ergonomic seats.

Hertz UK offers its customers the diesel and automatic Momentum and Inscription variants of the all-new Volvo XC90, catering to travellers’ different needs. The Momentum is ideal for families seeking comfort and safety without compromising on design and luxury craftsmanship, whilst the Inscription has a more luxurious look and feel, ideal for that special occasion.

The all-new Volvo XC90 is also available to rent with Hertz from selected locations across Sweden. Additionally, Hertz’s customers will shortly be able to rent the vehicle in Germany. The minimum driving age for the all-new Volvo XC90 is 25 years old. Customers need to show two credit cards to rent the vehicle.

To experience one of these remarkable vehicles, or to learn more, customers can visit www.hertz.co.uk.

ABOUT HERTZ

Hertz operates the Hertz, Dollar, Thrifty and Firefly car rental brands in more than 10,300 corporate and licensee locations throughout approximately 145 countries in North America, Europe, Latin America, Asia, Australia, Africa, the Middle East and New Zealand. Hertz is the largest worldwide airport general use car rental company with more than 1,600 airport locations in the U.S. and more than 1,300 airport locations internationally. Product and service initiatives such as Hertz Gold Plus Rewards, NeverLost®, Carfirmations, Mobile Wi-Fi and unique vehicles offered through the Adrenaline, Dream, Green and Prestige Collections set Hertz apart from the competition. Additionally, Hertz owns the vehicle leasing and fleet management leader Donlen Corporation, operates the Hertz 24/7 hourly car rental business and sells vehicles through its Rent2Buy program. The Company also owns Hertz Equipment Rental Corporation ("HERC"), one of the largest equipment rental businesses with more than 350 locations worldwide offering a diverse line of equipment and tools for rent and sale. HERC primarily serves the construction, industrial, oil, gas, entertainment and government sectors. For more information about Hertz, visit: www.hertz.com.

Press Contacts:
Evelin Imperatrice
Hertz International
T: +44 1895 553 695
E: eimperatrice@hertz.com

Photo – http://photos.prnewswire.com/prnh/20150625/225653

SOURCE The Hertz Corporation

Related Links

http://www.hertz.com

ESTERO, Fla., June 24, 2015 /PRNewswire/ — Hertz Global Holdings, Inc. (NYSE: HTZ) ("Hertz") today announced that its Hertz Equipment Rental Corporation ("HERC") subsidiary has named IT veteran Richard Marani as its Chief Information Officer (CIO), reporting to Larry Silber, President and CEO of HERC. Mr. Marani joins HERC as part of its preparation for its separation from Hertz as a stand-alone company.

"We are pleased to welcome Rich to the HERC senior leadership team," said Silber. "Rich Marani has a track record of delivering on business critical IT objectives and overseeing successful information system transformations. He will be an invaluable asset to HERC as we plan for our future. Rich has already led an information technology team through a spin-off transaction and brings executive-level IT experience to ensure that our infrastructure enables our business plans."

Mr. Marani has more than 30 years of IT experience across industrial products, construction equipment, aerospace, and information technology businesses. As HERC CIO, Mr. Marani will ensure that the Company has the proper technologies and systems in place to support the planned separation and future growth. Mr. Marani began his career at General Electric, transitioning into IT and going on to become an Information Technology Leader. Following a successful role at United Technologies, Mr. Marani joined Ingersoll Rand Corporation in 2002 as Vice President of IT, where he was responsible for the development and implementation of global IT strategies. While there, he built out IT systems in advance of the spin-off of the Construction Equipment division to Doosan Infracore, leaving with the spin to assume the IT leadership role at Doosan. After four years there he returned to Ingersoll in a senior IT leadership role, responsible for global IT strategy for a $3 billion sector of the Ingersoll portfolio.

About Hertz
Hertz operates the Hertz, Dollar, Thrifty and Firefly car rental brands in more than 10,300 corporate and licensee locations throughout approximately 145 countries in North America, Europe, Latin America, Asia, Australia, Africa, the Middle East and New Zealand. Hertz is the largest worldwide airport general use car rental company with more than 1,600 airport locations in the U.S. and more than 1,300 airport locations internationally. Product and service initiatives such as Hertz Gold Plus Rewards, NeverLost®, Carfirmations, Mobile Wi-Fi and unique vehicles offered through the Adrenaline, Dream, Green and Prestige Collections set Hertz apart from the competition. Additionally, Hertz owns the vehicle leasing and fleet management leader Donlen Corporation, operates the Hertz 24/7 hourly car rental business and sells vehicles through its Rent2Buy program. The Company also owns Hertz Equipment Rental Corporation ("HERC"), one of the largest equipment rental businesses with more than 350 locations worldwide offering a diverse line of equipment and tools for rent and sale. HERC primarily serves the construction, industrial, oil, gas, entertainment and government sectors. For more information about Hertz, visit: www.hertz.com.

Logo – http://photos.prnewswire.com/prnh/20130620/NY35609LOGO

SOURCE Hertz Global Holdings, Inc.

Related Links

http://www.hertz.com