Category: Press Release

  • Hertz Appoints Jeffrey Foland Senior Executive Vice President & Chief Revenue Officer
– Marketing, Strategy and Sales veteran with diverse travel and transportation industry experience will lead global car rental commercial functions

    Hertz Appoints Jeffrey Foland Senior Executive Vice President & Chief Revenue Officer – Marketing, Strategy and Sales veteran with diverse travel and transportation industry experience will lead global car rental commercial functions

    NAPLES, Fla., Jan. 6, 2015 /PRNewswire/ — Hertz Global Holdings, Inc. (NYSE: HTZ)("Hertz" or "the Company") today announced that Jeffrey (Jeff) T. Foland has been appointed Senior Executive Vice President and Chief Revenue Officer, effective later this month. In his role at Hertz, Mr. Foland will oversee global car rental marketing, sales, pricing, and revenue functions. Mr. Foland has extensive executive-level experience leading marketing, strategy and sales functions, including 10 years at United Airlines where he has most recently been serving as Executive Vice President, Chief Marketing and Strategy Officer. Prior to that, Jeff served as a Principal at the global sales and marketing consulting firm ZS Associates, after holding positions at Detroit Diesel Corporation and General Motors, Allison Gas Turbine Division.

    John Tague, Hertz President and Chief Executive Officer, said, "Jeff Foland is a performance-driven, seasoned executive with demonstrated success leading the commercial strategies of United Airlines, a highly successful global travel company, and a valued Hertz partner. I was fortunate to recruit Jeff to United in 2005 where he initially redefined United’s corporate sales proposition, and then helped lead the company’s comprehensive commercial transformation. I’m pleased that Jeff has decided to join the Hertz team to optimize our many current and untapped revenue opportunities."

    Mr. Foland said, "I am honored to have been appointed to lead the significant commercial improvement opportunities available to Hertz. It’s not often an executive has the chance to develop the long-term, global growth potential of iconic brands like Hertz, Dollar and Thrifty, and I look forward to partnering with John Tague and the rest of the Hertz team on this exciting journey."

    About Jeffrey Foland
    Jeffrey (Jeff) T. Foland has most recently served as Executive Vice President, Chief Marketing and Strategy Officer at United Airlines, Inc. Prior to that, Mr. Foland held other senior executive level positions at United, with various executive responsibilities including marketing, sales, corporate strategy, technology, ecommerce, loyalty programs, business development, contact centers and customer relations from January 2005 through December 2012. Mr. Foland joined United Airlines from ZS Associates, where he served as a Principal at the global sales and marketing consulting firm and was responsible for consulting in more than a dozen industries and led large-scale sales and marketing transformation initiatives. Prior to ZS, he held positions at Detroit Diesel Corporation and General Motors, Allison Gas Turbine Division. Mr. Foland has been an Independent Trustee at LaSalle Hotel Properties since January 2012. He received a Master of Business Administration degree from the University of Michigan and a Bachelor of Science Degree in Mechanical Engineering from Purdue University.

    ABOUT HERTZ
    Hertz operates the Hertz, Dollar, Thrifty and Firefly car rental brands in more than 11,000 corporate and licensee locations throughout 140 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 1,700 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, Family, Fun, 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 355 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 REGARDING FORWARD-LOOKING STATEMENTS
    Certain statements contained in this release, and in related comments by the Company’s management, include "forward-looking statements." Forward-looking statements include information concerning the Company’s liquidity and its possible or assumed future results of operations, including descriptions of its business strategies. These statements often include words such as "believe," "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 its experience in the industry as well as its perceptions of historical trends, 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. Some important factors that could affect the Company’s actual results include, among others, the thorough review of the Company’s internal financial records that is being conducted, additional time that may be required to complete the review, the ability of the Company to remediate any material weakness in its internal control over financial reporting, the ability of the Company’s lenders to exercise any remedies under the Company’s indebtedness, the final results of the SEC’s inquiry or any other governmental inquiries or investigations and those that may be disclosed from time to time in subsequent reports filed with the SEC and those described under "Risk Factors" set forth in Item 1A of the annual report on Form 10-K/A for the year ended December 31, 2013 of the Company. 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 The Hertz Corporation

    Related Links

    http://www.hertz.com

  • Hertz Launches Its Winter Sale With Up To 25% Off Car Hire
The winter sale promotion runs from January 2, 2015 to January 30, 2015 in selected locations across Europe, Asia, Africa and Latin America, and excludes the US and Canada

    Hertz Launches Its Winter Sale With Up To 25% Off Car Hire The winter sale promotion runs from January 2, 2015 to January 30, 2015 in selected locations across Europe, Asia, Africa and Latin America, and excludes the US and Canada

    LONDON, Jan. 5, 2014 /PRNewswire/ — The Hertz Corporation (NYSE:HTZ), the world’s leading general use car rental brand, is launching the Hertz Winter Sale that applies to rentals for pick up or use in more than 100 countries, excluding the US and Canada. Customers are able to enjoy great savings on vehicle hire any time from January 2, 2015 to March 31, 2015.

    For bookings made between January 2, 2015 until January 30, 2015, customers will enjoy discounts up to 25% for qualifying domestic or outbound rentals in Europe and the Middle East, up to 20% for Asia and 15% in Latin America. The rentals made through the sale will also qualify for loyalty points and reward days through the Hertz Gold Plus Rewards program.

    The Hertz Winter Sale is available at participating locations throughout Europe, Asia, Africa and Latin America, while discounted Hertz van rental is also offered in France, Italy and Spain. Savings will be applied by quoting the customer discount promotion (CDP) code "999940" when booking online at www.hertz.com or by calling Hertz.

    The Hertz Winter Sale includes rentals on a wide range of vehicles from economical city cars to family hatchbacks, luxury vehicles and people carriers. Many locations are also providing discounts on Hertz’s popular Prestige, Fun, Family and Green Collections. Customers renting from the Prestige and Fun Collections can also benefit from Hertz’s Make and Model Guarantee, meaning that they will drive away the exact car they chose when booking.

    All discounts are subject to availability and terms and conditions. A complete list of destinations, car groups and sale related discounts available on www.hertz.co.uk.

    Terms and conditions

    • Discounts apply to all mandatory rental charges excluding taxes, fees, surcharges, one way drop off fees and optional extras such as child seats, additional drivers and fuel which are charged at normal rates
    • Offer applies to online and phone reservations made from January 2, 2015 until January 30, 2015 quoting CDP: 999940. Qualifying rentals must start on any date from January 2nd to March 31, 2015
    • Offer is valid at participating locations, subject to availability
    • Discounts, car groups and rental lengths will vary with country.
    • Minimum keep: 3 days. Additional restrictions may apply by country
    • Rentals cannot exceed 14 days
    • Blackout periods may apply
    • This offer cannot be used in conjunction with any other discounts, offers or promotions provided by Hertz, or jointly with any other organization or Hertz affiliate or business partner
    • Offer subject to change without notice and may be withdrawn at any time. All car rentals are subject to Hertz terms and conditions
    • The Hertz Winter Sale offers varies across channels and websites including those provided by Hertz or jointly with any other organizations, Hertz affiliates or business partners
    • This offer applies to the Hertz brand only

    ABOUT HERTZ

    Hertz operates the Hertz, Dollar, Thrifty and Firefly car rental brands in more than 11,000 corporate and licensee locations throughout 140 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 1,700 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, Family, Fun, 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 355 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 Contacts

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

    Murray Wardrop
    Ketchum
    T: +44 (0) 207 611 3596
    E: murray.wardrop@ketchum.com

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

    SOURCE The Hertz Corporation

    Related Links

    http://www.hertz.com

  • Car Cost Inflation Drives Hertz Brands Price Increase

    Car Cost Inflation Drives Hertz Brands Price Increase

    NAPLES, Fla., Dec. 23, 2014 /PRNewswire/ — Hertz Global Holdings, Inc. (NYSE: HTZ) ("Hertz" or "the Company") announced that, over the weekend of December 19 – December 21, 2014, it increased U.S. retail prices for all Hertz, Dollar and Thrifty car rentals reserved for pick-up on or after January 1, 2015, driven by fleet depreciation increases, primarily related to residual value declines.

    Hertz’s Chief Executive Officer and President, John Tague said, "Fleet costs are escalating due to declining residual values and, as a result, we have implemented price increases across our car rental brands in the U.S. The company is pursuing cost reduction opportunities in addition to its previously announced program to cut expenses $100 million annually, while also increasing investment to improve our customers’ rental experience, including refreshing the car rental fleet."

    ABOUT HERTZ
    Hertz operates the Hertz, Dollar, Thrifty and Firefly car rental brands in more than 11,000 corporate and licensee locations throughout 140 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 1,700 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, Family, Fun, 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 355 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 REGARDING FORWARD-LOOKING STATEMENTS
    Certain statements contained in this report, and in related comments by the Company’s management, include "forward-looking statements." Forward-looking statements include information concerning the Company’s liquidity and its possible or assumed future results of operations, including descriptions of its business strategies. These statements often include words such as "believe," "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 its experience in the industry as well as its perceptions of historical trends, 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. Some important factors that could affect the Company’s actual results include, among others, the thorough review of the Company’s internal financial records that is being conducted, additional time that may be required to complete the review, the ability of the Company to remediate any material weakness in its internal control over financial reporting, the Company’s ability to obtain the waivers described in this report and the final terms and conditions of those waivers, the ability of the Company’s lenders to exercise any other remedies under the Company’s indebtedness, the final results of the SEC’s inquiry or any other governmental inquiries or investigations and those that may be disclosed from time to time in subsequent reports filed with the SEC and those described under "Risk Factors" set forth in Item 1A of the annual report on Form 10-K/A for the year ended December 31, 2013 of the Company. 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.

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

    To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/car-cost-inflation-drives-hertz-brands-price-increase-300013595.html

    SOURCE Hertz Global Holdings, Inc.

    Related Links

    http://www.hertz.com

  • Hertz reveals secret to avoiding holiday road trip arguments
Almost half of all family road trip arguments stem from getting lost, Hertz poll* suggests

    Hertz reveals secret to avoiding holiday road trip arguments Almost half of all family road trip arguments stem from getting lost, Hertz poll* suggests

    LONDON, Dec. 18, 2014 /PRNewswire/ — The secret to avoiding arguments in the car this holiday season is as simple as plugging in a reliable satellite navigation device(satnav), research by The Hertz Corporation (NYSE:HTZ) in the UK found. According to Hertz’s poll, the most common cause of in-car rows is getting lost and bickering over directions.

    With millions of motorists predicted to hit the roads from December 19, the risk of family flare-ups is greater than ever.

    Continue Reading

    Hertz reveals secret to avoiding holiday road trip arguments

    Hertz reveals secret to avoiding holiday road trip arguments

    More than four in 10 drivers (44%) named navigation as the most likely cause of a dispute during a family car journey, while nearly half (48%) said a satnav was the most important item to pack.

    Parents should also remember to take some gadgets to occupy their children, as the survey found noisy and naughty youngsters are the second biggest reason for disagreements –voted for by 40% of motorists. Almost a third (29%) identified games and entertainment as the top items to take on a family trip.

    The satnav may also come in handy for finding alternative routes, as, according to the survey’s findings, the third most common cause of arguments is getting stuck in traffic.

    "With so many people on the roads, the holidays can be a stressful time for families to spend in the car, said Michel Taride, Group President, Hertz International. "Last year brought storms and floods that left people stranded in their vehicles and delayed journeys."

    "Our research shows that a little planning and a few essential items can make the difference between a smooth getaway and a nightmare trip," Taride continued.

    For those hiring vehicles for their holiday getaway, the Hertz NeverLost® satellite navigation system takes the strain out of mapping the best route. The technology is available on rentals across Europe and features an easy-to-use touch-screen, voice control, Bluetooth for hands-free calls and advanced 3D lane guidance to make junctions simpler to negotiate.

    Hertz customers can also travel without the worry of searching for an internet connection or paying exorbitant roaming charges by adding a mobile Wi-Fi hotspot to their rentals. The portable device lets customers easily link tablets, laptops, smartphones and games consoles to the web while on the move.

    As families prepare to drive to visit relatives and take holidays this season, Hertz has compiled a list of winter travel essentials to ensure safe and stress-free journeys.

    Hertz’s holidays getaway driving checklist

    Top 5 causes of car arguments:
    1. Getting lost / directions
    2. Noisy / naughty children
    3. Traffic
    4. Partner’s driving skills
    5. Lavatory stops

    Before you drive off:
    1. Screen wash – you will use more when it is cold and if there is salt on the roads, so make sure you have plenty before you set off. Don’t dilute it too much to avoid freezing.
    2. Fuel – keep your tank at least a quarter full in case you get stuck in a traffic jam.
    3. Battery – get your battery checked and replaced, if necessary, as older ones will run down quickly in the cold and may leave you stranded.
    4. Tyres – make sure you have plenty of tread – 2mm minimum – and avoid reducing tyre pressures to get more grip as it is ineffective and makes the car harder to control. Consider snow chains or winter tyres if travelling to snowy regions.
    5. Time – avoid the dangers of rushing by allowing plenty of time for your journey, including regular breaks to stay alert.

    Top 5 essentials for the trip:
    1. Ice scraper and de-icer to clear your windscreen
    2. Snow shovel, strips of old carpet or pieces of cardboard, as well as salt or sand to regain traction in ice and snow
    3. Blankets, rugs or sleeping bags for long traffic jams
    4. Battery jump leads – flat batteries are the most common causes of winter breakdowns
    5. Torch and batteries

    Top 5 in-car essentials:
    1. Satnav and charger or printed route and map to avoid getting lost and arguments
    2. Entertainment for children to avoid rows and keep passengers occupied
    3. Fully-charged mobile phone and charger
    4. Drinks and snacks in case of delays in cold weather
    5. Warm clothes, coat, scarf, hat and gloves in case of breakdown or long delays

    *1,009 UK respondents in total; 504 of them answered the family-related questions.

    About Hertz
    The Hertz Corporation operates the Hertz, Dollar, Thrifty and Firefly car rental brands in approximately more than 11,500 corporate and licensee locations throughout 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 brand with more than 1,400 airport locations in the U.S. and a presence at more than 250 international airports. Product and service initiatives such as Hertz Gold Plus Rewards, NeverLost®, Carfirmations, Mobile Wi-Fi and unique vehicles offered through the Adrenaline, Dream, Family, Fun, 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 340 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 Contacts

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

    Murray Wardrop
    Ketchum
    T: +44 (0) 207 611 3596
    E: murray.wardrop@ketchum.com

    Photo – http://photos.prnewswire.com/prnh/20141218/165232-INFO

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

    To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/hertz-reveals-secret-to-avoiding-holiday-road-trip-arguments-300011830.html

    SOURCE The Hertz Corporation

    Related Links

    http://www.hertz.com

  • Hertz Recognized as Best Car Rental Company Among Industry Awards
Company Earns Top Honors from Three Different Travel Industry Publications

    Hertz Recognized as Best Car Rental Company Among Industry Awards Company Earns Top Honors from Three Different Travel Industry Publications

    ESTERO, Fla., Dec. 8, 2014 /PRNewswire/ — The Hertz Corporation (NYSE:HTZ), the world’s largest general use car rental brand, was recognized as ‘Best Car Rental Company of 2014’ in three top-tier travel industry awards, including Business Traveler Magazine‘s 2014 Best in Business Travel Awards, Global Traveler GT Tested Reader Survey Awards, and Recommend Travel Agent Readers’ Choice Awards.

    "At Hertz we’re constantly striving to offer our customers the best, most convenient car rental experience possible," said Hertz Executive Vice President of Global Sales and Marketing, Bob Stuart. "It’s an honor to earn these awards and we will continue to innovate to ensure Hertz remains the leader in the industry."

    Business Traveler Magazine‘s 2014 Best in Business Travel Awards named the travel industry’s top providers of services and products. Hertz was named ‘Best Car Rental Company in the World’ and winners were chosen by the magazine’s readers in the 26th Annual Best in Business Travel survey. This year, readers selected the best in 66 categories, ranging from global airlines, hotel establishments and car rental companies.

    Global Traveler named Hertz ‘Best Car Rental Company’ in the 11th GT Tested Reader Survey awards. The readers of Global Traveler named the top of the class in airlines, hotels, destinations, travel goods and services around the world.

    Lastly, Recommend magazine named Hertz as ‘Best Travel Agent Support Car Rental Company’ in their 18th annual readers choice awards. Recommend readers selected their preferred destinations, tour operators, resorts and cruise lines and a variety of other industry categories.

    To learn more about Hertz and the company’s recent recognitions, visit www.hertz.com.

    About Hertz
    The Hertz Corporation operates the Hertz, Dollar, Thrifty and Firefly car rental brands in approximately more than 11,500 corporate and licensee locations throughout 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 brand with more than 1,400 airport locations in the U.S. and a presence at more than 250 international airports. Product and service initiatives such as Hertz Gold Plus Rewards, NeverLost®, Carfirmations, Mobile Wi-Fi and unique vehicles offered through the Adrenaline, Dream, Family, Fun, 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 340 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

    To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/hertz-recognized-as-best-car-rental-company-among-industry-awards-300005934.html

    SOURCE The Hertz Corporation

    Related Links

    http://www.hertz.com

  • Award-winning Hertz Gold Plus Rewards loyalty program marks third birthday
Hertz celebrates anniversary by surprising rental customers with elite car upgrades

    Award-winning Hertz Gold Plus Rewards loyalty program marks third birthday Hertz celebrates anniversary by surprising rental customers with elite car upgrades

    LONDON, Dec. 8, 2014 /PRNewswire/ — The Hertz Corporation (NYSE: HTZ) is celebrating the three-year anniversary of its award-winning loyalty programme by surprising customers with luxury car upgrades and giving away thousands of points.

    Continue Reading

    Award-winning Hertz Gold Plus Rewards loyalty program marks third birthday

    Award-winning Hertz Gold Plus Rewards loyalty program marks third birthday

    Members renting in Amsterdam, Frankfurt, London, Madrid, Paris and Rome have unexpectedly been handed the keys to some of Hertz’s elite cars, including the Jaguar F-TYPE Coupe, Range Rover Vogue and Nissan GTR as part of the initiatives to mark the milestone for Hertz Gold Plus Rewards®. Additionally, ninety members received tickets for Disneyland Paris for them and their family or friends.

    This month, continuing the anniversary celebrations, a prize of 3,000 extra points will be given to five lucky winners while those members residing in Belgium, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Spain, Switzerland and the UK will be able to earn double points on rentals.

    The milestone for the programme in Europe, the Middle East and Africa caps an impressive 12 months for Hertz Gold Plus Rewards®, having won several coveted awards, including Best Rewards Programme and Best Overall Benefits from FlyerTalk.com. The programme also received the 2013 COLLOQUY Loyalty Award, which recognizes groundbreaking innovations in loyalty marketing.

    In total, Hertz Gold Plus Rewards has awarded more than 400 million points to its members in 2014, of which 36 million have been redeemed for 60 thousand reward days.

    Michel Taride, Group President Hertz International, said: "We have endeavoured to make our customer loyalty programme the best in the industry to give people something back each time they rent a car with us.

    "The numerous accolades in the past year reflect our commitment to creating the most innovative system to reward our members and show our gratitude to them.

    "What better way to toast the programme’s third birthday than to offer our customers the chance to experience the cream of our fleet by taking some of the most beautiful cars on the road for a spin."

    The vehicles used for the complimentary car rental upgrades Hertz gave away are part of its unique Dream and Prestige Collections. The two high-end vehicle ranges include some of the finest cars in the world, such as the Aston Martin, Bentley, Jaguar, Maserati, Mercedes AMG and Porsche.

    The anniversary also sees a raft of enhancements to the programme, including making it easier for Gold members to move up in status and enjoy additional benefits.

    Customers can now attain the scheme’s Five Star® rating after seven rentals instead of 10, while the threshold for qualifying for the President’s Circle® is now 20 rentals – down from 30 previously.

    Hertz has also introduced the following additional changes to the Gold Plus Rewards® programme:

    • Quicker Enrolment: customers can now enrol in Gold Plus Rewards right at the rental counter and at the call centre.
    • Hertz Gold Choice®: provides renters with the peace of mind, knowing their car will be ready and waiting for them, and the freedom to choose something different on the spot.
    • Mobile Gold Alerts (Carfirmation): Gold members can receive email messages sent to their phone with up-to-the-minute information telling them which car they will be driving and where their vehicle is parked.
    • Faster Rentals: allows Gold members to skip the counter at over 50 airports around the world. And at over 4,000 locations worldwide renters can simply show their driver’s license and pick up their keys.
    • More Ways to Earn Points: in addition to earning points on rental charges, Gold members earn with services like Hertz NeverLost®, Fuel Purchase, insurance coverage options and more.
    • Enhanced Rewards: improved technology makes it easier for members to view their real-time point balance, check their e-statements with up to 24 months of activity, and even redeem rewards during reservations.
    • New Reward Destinations: Hertz has added new destinations to its expanding global network, where members can redeem points for rewards days, including Ireland and Brazil.

    Hertz Gold Plus Rewards® is one of the few free loyalty programmes in the industry. To become a member, customers can enrol online at www.Hertz.co.uk or at a Hertz rental counter.

    Once enrolled, members can earn points against money spent on all qualifying rentals and have the flexibility to use their points when it is convenient for them as points do not automatically expire.

    More information about Hertz Gold Plus Rewards® customer loyalty programme is available from www.Hertz.co.uk.

    About Hertz

    The Hertz Corporation operates the Hertz, Dollar, Thrifty and Firefly car rental brands in approximately more than 11,500 corporate and licensee locations throughout 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 brand with more than 1,400 airport locations in the U.S. and a presence at more than 250 international airports. Product and service initiatives such as Hertz Gold Plus Rewards, NeverLost®, Carfirmations, Mobile Wi-Fi and unique vehicles offered through the Adrenaline, Dream, Family, Fun, 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 programme. The company also owns Hertz Equipment Rental Corporation (HERC), one of the largest equipment rental businesses with more than 340 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 Contacts

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

    Murray Wardrop
    Ketchum
    T: +44 (0) 207 611 3596
    E: murray.wardrop@ketchum.com

    Photo – http://photos.prnewswire.com/prnh/20141208/162811

    To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/award-winning-hertz-gold-plus-rewards-loyalty-program-marks-third-birthday-300005982.html

    SOURCE The Hertz Corporation

    Related Links

    http://www.hertz.com

  • Hertz Equipment Rental Launches First Montana Location In Great Falls
Fifteenth branch to join national provider’s Pacific Northwest Fleet Pool

    Hertz Equipment Rental Launches First Montana Location In Great Falls Fifteenth branch to join national provider’s Pacific Northwest Fleet Pool

    NAPLES, Fla., Dec. 2, 2014 /PRNewswire/ — Hertz Equipment Rental Corporation (HERC), a wholly owned subsidiary of The Hertz Corporation (NYSE: HTZ), has opened its first Montana facility in Great Falls to deliver specialty equipment rental solutions for commercial construction, oil producers, refineries, mining, agriculture, public works, and industrial manufacturing.

    Continue Reading

    Hertz Equipment Rental Launches First Montana Location In Great Falls

    Hertz Equipment Rental Launches First Montana Location In Great Falls

    The new store joins HERC’s Pacific Northwest fleet pool, which gives customers access to all of the inventory held across the 15 branch network. The 10,710 square foot location, built on 2.7 acres of property, also provides tools and equipment for home owners, plumbers, and electrical and mechanical contractors.

    "We are very excited to launch our first location in Montana to meet the growing demands of a diverse marketplace, as well as expand our nation-wide footprint," said Robert G Cowing, Division Vice President Sales, North America, Hertz Equipment Rental Corporation.

    "As our Great Falls location joins our 15-branch Pacific Northwest network it means that customers will have ready access to a much wider range of equipment than typically provided by local players."

    The HERC Great Falls facility provides a wide range of fleet for rent or sale including industrial equipment, generators, earthmoving, aerial, forklifts, lighting, air compressors, welders, pumps, compaction, heaters and mixers.

    The branch also offers trailers, water trailers, and trucks from half-ton pickups to dump trucks and 2 ton flatbeds. In addition the retail showroom features power tools, Husqvarna construction products, Stihl products, heaters, Honda generators, pumps, diamond blades and safety equipment.

    HERC equipment is purchased from the industry’s leading manufacturers and is available for daily, weekly, monthly and long-term rentals. There are also rent-to-own and rental purchase option plans available for the new and used equipment for sale.

    HERC Great Falls employs highly trained staff focussed on providing customers a premier rental experience. The branch is located at 4622 Tri-Hill Frontage Road, Great Falls, MT 59404. Its hours of operation are Monday – Friday, 7:00am – 5:00pm Local staff can be reached at telephone 406 791 3000.

    About Hertz Equipment Rental Corporation
    Hertz Equipment Rental Corporation (www.hertzequip.com) – a wholly owned subsidiary of The Hertz Corporation since 1965 – operates one of the world’s largest equipment rental businesses, offering a diverse line of equipment and tools for rent and sale. Products include aerial manlifts, air compressors and tools, earthmoving equipment and power generators, forklifts and material handling equipment, pumps, and trucks and trailers. Hertz Equipment also offers programs and equipment through its customer programs for Aerial, Energy, Entertainment, Government, HERC360 Fleet Management, Industrial Plants, National Accounts and Safety. With approximately 340 locations in the United States, Canada, China, France, Spain and Saudi Arabia as well as through international licensees, Hertz Equipment Rental offers daily, weekly, monthly and long-term rentals, tools and supplies, as well as new and used equipment for sale.

    About The Hertz Corporation
    The Hertz Corporation operates the Hertz, Dollar, Thrifty and Firefly car rental brands in approximately more than 11,500 corporate and licensee locations throughout 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 brand with more than 1,400 airport locations in the U.S. and a presence at more than 250 international airports. Product and service initiatives such as Hertz Gold Plus Rewards, NeverLost®, Carfirmations, Mobile Wi-Fi and unique vehicles offered through the Adrenaline, Dream, Family, Fun, 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 340 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.

    CONTACTS:
    Lisa Farrar, Hertz Equipment Rental
    lfarrar@hertz.com
    (239) 948-4314

    Zoe White, The Hertz Corporation
    zoewhite@hertz.com

    Photo – http://photos.prnewswire.com/prnh/20141202/161786

    To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/hertz-equipment-rental-launches-first-montana-location-in-great-falls-300003207.html

    SOURCE The Hertz Corporation

    Related Links

    http://www.hertz.com

  • Hertz Equipment Rental Launches Flagship Used Equipment Sales Store In Orlando, Florida
Location offers certified “Ready to Work” used equipment which is competitively priced and well maintained

    Hertz Equipment Rental Launches Flagship Used Equipment Sales Store In Orlando, Florida Location offers certified “Ready to Work” used equipment which is competitively priced and well maintained

    NAPLES, Fla., Nov. 21, 2014 /PRNewswire/ — Hertz Equipment Rental Corporation (HERC), a wholly owned subsidiary of The Hertz Corporation (NYSE:HTZ), today officially opened its first HERC Equipment Sales location in Orlando, Florida. Multiple lines of equipment are on offer, including earth moving, aerial, material handling, air compressors, compaction, power generation and trucks. All equipment is immediately available in HERC Certified "Ready to Work" condition. The equipment for sale can also be viewed online at: https://hertzequipus.hertzequip.com/Sales/Location/9015.

    Continue Reading

    Hertz Equipment Sales Team Celebrates Grand Opening of Orlando Sales Location

    Hertz Equipment Sales Team Celebrates Grand Opening of Orlando Sales Location

    "We are enhancing our used equipment processes and offering for retail buyers, one of our primary used equipment sales channels," said Robert G Cowing, Division Vice President Sales, North America, Hertz Equipment Rental Corporation. "The new HERC Equipment Sales location offers customers a wide range of meticulously inspected equipment at very attractive prices, and all items are immediately available to put to work."

    "All equipment has been purchased direct from industry-leading manufacturers and maintained by Hertz Equipment Rental professionals at or above manufacturer standards," Cowing continued. "We chose to open our flagship used equipment store in Orlando as it is a large metro area where we already have a significant presence. In addition, Florida is a growth market for us, with the economy here steadily improving."

    The HERC used equipment showcased at the Orlando location is for sale only and certified as ready to use immediately, eliminating wait times for the customer. All rental equipment is serviced and maintained at or above manufacturer guidelines to ensure optimum performance and longevity. On-site financing from HERC is available, with extended warranties expected early in 2015. Knowledgeable staff is available on-site to assist in the sales process.

    The new HERC Equipment Sales facility is open Monday – Friday 7:00 am – 4:30 pm and is located at: 10655 Central Port Drive, Orlando, FL 32824. The telephone number is (407) 888-2626.

    About Hertz Equipment Rental Corporation
    Hertz Equipment Rental Corporation (www.hertzequip.com) – a wholly owned subsidiary of The Hertz Corporation since 1965 – operates one of the world’s largest equipment rental businesses, offering a diverse line of equipment and tools for rent and sale. Products include aerial manlifts, air compressors and tools, earthmoving equipment and power generators, forklifts and material handling equipment, pumps, and trucks and trailers. Hertz Equipment also offers programs and equipment through its customer programs for Aerial, Energy, Entertainment, Government, HERC360 Fleet Management, Industrial Plants, National Accounts and Safety. With approximately 340 locations in the United States, Canada, China, France, Spain and Saudi Arabia as well as through international licensees, Hertz Equipment Rental offers daily, weekly, monthly and long-term rentals, tools and supplies, as well as new and used equipment for sale.

    About The Hertz Corporation
    The Hertz Corporation operates the Hertz, Dollar, Thrifty and Firefly car rental brands in approximately more than 11,500 corporate and licensee locations throughout 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 brand with more than 1,400 airport locations in the U.S. and a presence at more than 250 international airports. Product and service initiatives such as Hertz Gold Plus Rewards, NeverLost®, Carfirmations, Mobile Wi-Fi and unique vehicles offered through the Adrenaline, Dream, Family, Fun, 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 340 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/20141121/160276

    Logo – http://photos.prnewswire.com/prnh/20141121/160275LOGO

    SOURCE The Hertz Corporation

    Related Links

    http://www.hertz.com

  • Hertz Launches ‘Certified Clean & Safe’ Rental Program In 30 European Major Airports

    Hertz Launches ‘Certified Clean & Safe’ Rental Program In 30 European Major Airports

    LONDON, Nov. 20, 2014 /PRNewswire/ — The Hertz Corporation (NYSE: HTZ) announces that the company’s new protocol for rental car maintenance and cleanliness, Hertz Certified Clean & Safe, is being rolled out at Hertz’s major airport locations across Europe. Through this program the company is sharing with customers each step taken to prepare every car, certifying that it is clean and safe before its rental. Once the vehicle is prepared and verified, a card with a 36 point checklist is signed by the representative and placed on the vehicle’s steering column for the customer’s reassurance.

    "At Hertz we are committed to ensuring our vehicles are clean and safe before each rental," commented Michel Taride, Group President, Hertz International. "Our Certified Clean and Safe program is one of the steps we are taking to share our internal processes with our customers, providing them with an extra sense of security. Finding a card that certifies the 36 point cleaning and inspection process the car has undergone prior to being rented is certainly very reassuring for our customers."

    At Hertz’s participating locations there is a dedicated maintenance and cleaning area where vehicle inspections are conducted. Before each vehicle is driven away, it must undergo a 36 point checklist, which includes:

    Certified Clean:

    Door panels/pockets

    Mirrors, in and out

    Dashboard and steering

    Cup holders

    Seats, front and back

    Console

    Glove compartment

    Odours

    Windows, in and out

    Exterior

    Certified Safe:

    Windshield and wipers

    Tyres and tread

    Spare tyre/tools

    AC/heater

    Owner’s manual available

    Seat belts

    Lights, in and out

    Antenna

    No warning lights

    Fuel

    The program was previously implemented in a large number of airport and suburban locations in the US, where it received high remarks from both employees and customers on its transparency. Following its launch in Europe, the protocol has now become international.

    More information about the Hertz Certified Clean & Safe program available from www.hertz.co.uk/p/on-the-road/hertz-clean-and-safe.

    About Hertz

    The Hertz Corporation operates the Hertz, Dollar, Thrifty and Firefly car rental brands in approximately more than 11,500 corporate and licensee locations throughout 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 brand with more than 1,400 airport locations in the U.S. and a presence at more than 250 international airports. Product and service initiatives such as Hertz Gold Plus Rewards, NeverLost®, Carfirmations, Mobile Wi-Fi and unique vehicles offered through the Adrenaline, Dream, Family, Fun, 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 340 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 Contacts

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

    Ian Savage
    Ketchum
    T: +44 (0) 207 611 3774
    E: ian.savage@ketchum.com

    SOURCE The Hertz Corporation

    Related Links

    http://www.hertz.com

  • Hertz Appoints John P. Tague President And Chief Executive Officer
Travel and Transportation Industry Veteran Brings Significant Experience with Complex Turnarounds and Record of Revenue Optimization, Operational Execution and Delivering Improved Results

    Hertz Appoints John P. Tague President And Chief Executive Officer Travel and Transportation Industry Veteran Brings Significant Experience with Complex Turnarounds and Record of Revenue Optimization, Operational Execution and Delivering Improved Results

    NAPLES, Fla., Nov. 20, 2014 /PRNewswire/ — Hertz Global Holdings, Inc. (NYSE: HTZ) ("Hertz" or "the Company") today announced that John P. Tague has been appointed President and Chief Executive Officer and to the Company’s Board of Directors, effective November 21, 2014. Mr. Tague’s appointment follows an extensive search conducted by the Hertz Board of Directors. The search process was overseen by the Board’s CEO Search Committee, which is comprised of five independent directors including two recently appointed as part of an agreement with Carl C. Icahn, with the assistance of a leading executive search firm.

    Mr. Tague is a travel and transportation industry veteran who has delivered demonstrable results in revenue generation, operational excellence and corporate transformation. A former President and Chief Operating Officer of United Airlines, he is credited with innovative product and pricing programs that drove strong financial performance as well as improved customer satisfaction. Most recently, he served as Chairman and Chief Executive Officer of Cardinal Logistics Holdings, a leading transportation and logistics provider and private-equity backed company.

    Linda Fayne Levinson, Independent Non-Executive Chair of the Hertz Board, said, "John is a leader whose record shows a relentless focus on execution and high performance, having driven the successful turnaround of other large, complex consumer facing companies such as United Airlines. The Board was very clear about what we needed in a new CEO for Hertz. We were looking for a world class global leader who knows the travel industry and its players, has an intimate understanding of the revenue optimization equation, drives operational excellence, has driven turnarounds, is a superb people leader, and most of all, understands how to create shareholder value. In John we have found that leader."

    Carl C. Icahn, Chairman of Icahn Enterprises L.P., commented, "My team and I, along with Linda Fayne Levinson and other members of the Hertz Search Committee, spent a significant amount of time with a number of highly qualified candidates. The Committee performed an extensive search for the CEO position before the Committee and the Board unanimously selected John Tague as the next CEO of Hertz. I have been involved in a number of CEO searches during the last decade and have been quite impressed by the knowledge and imagination of a number of these candidates, many of whom have turned into very successful CEOs. I am happy to say that after listening to John’s ideas concerning Hertz and evaluating what he has accomplished at United, I believe he ranks at or near the top of the group. Importantly, Glenn Tilton, the former Chairman and CEO of United Airlines, informed me that John Tague was a key player in the United Airlines turnaround and as President and the former COO he would have been Glenn’s recommendation to be the next CEO of United once Glenn retired, had the United / Continental merger not occurred."

    Mr. Tague said, "I am honored to have been selected to lead Hertz to its full potential at a time of unprecedented opportunity for the Company and industry. I look forward to partnering with Hertz employees as we work to earn sustained industry leadership for the benefit of our shareholders, customers and team."

    Ms. Levinson added, "On behalf of the Hertz Board, we thank Brian MacDonald for his selflessness in stepping into the interim leadership role. Strategic actions he and the Hertz team have taken over the past months have enabled a smooth transition and put Hertz on stronger footing to address our challenges and achieve success."

    About John P. Tague

    Mr. Tague has served as Chief Executive Officer of Greatwide Logistics Services, LLC since 2011, where he oversaw the merger between Greatwide Logistics Services and Cardinal Logistics Management, Inc. in 2013, creating one of the largest U.S. providers of dedicated transportation. Mr. Tague has since served as Chairman and Chief Executive Officer of the combined company, Cardinal Logistics Holdings.

    Mr. Tague previously spent eight years at United Airlines, Inc. and UAL Corporation, where he served in a number of leadership roles, including President and Chief Operating Officer. He served as President of United Airlines and Executive Vice President of UAL Corporation until the closing of United’s merger with Continental Airlines in 2010. In that role, Mr. Tague was responsible for all airline management functions, including actions to modernize the fleet. In the year prior to his announced departure from United, United delivered a $1.2 billion revenue improvement, generated a $750 million profit improvement, tightly managed its costs and increased its margin by 16 points, delivering the industry’s leading profit margin year to date at that time. After he was appointed President, United’s customer satisfaction improved by 70 percent domestically and on-time performance improved from worst to first, with United leading the network carriers in on-time performance.

    Mr. Tague joined United Airlines and UAL Corporation in 2003 as Executive Vice President of Customers and was part of the team that successfully led United through its $23 billion restructuring and operational turnaround. He held several other leadership positions at the Company, including Executive Vice President and Chief Operating Officer from 2008 to 2009; Executive Vice President and Chief Revenue Officer from 2006 to 2008; and Executive Vice President of Marketing, Sales, and Revenue from 2004 to 2006.

    Before joining United, Mr. Tague held several leadership positions at ATA Holdings Corp., including President and Chief Executive Officer from 1997 to 2002, and President and Chief Operating Officer from 1993 to 1995. Under his leadership, ATA grew from $300 million to $1.4 billion in sales and to employ 8,000 associates. Mr. Tague previously served as Executive Vice President of Marketing and Planning for ATA. He also held various positions at Midway Airlines, including Senior Vice President of Marketing and Planning, and served as Chairman, Chief Executive Officer and President of Vanguard Airlines, Inc. between 1996 and 1997.

    Mr. Tague currently serves on the Board of Directors of Choice Hotels International, Inc., one of the world’s largest lodging franchisors, where he also serves on the Board’s Audit Committee and the Compensation and Management Development Committee.

    He previously served on the Board of Directors for Reddy Ice Inc., Pacer International, Inc., Orbitz, ATA and United Airlines.

    About Hertz

    The Hertz Corporation operates the Hertz, Dollar, Thrifty and Firefly car rental brands in approximately more than 11,500 corporate and licensee locations throughout 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 brand with more than 1,400 airport locations in the U.S. and a presence at more than 250 international airports. Product and service initiatives such as Hertz Gold Plus Rewards, NeverLost®, Carfirmations, Mobile Wi-Fi and unique vehicles offered through the Adrenaline, Dream, Family, Fun, 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 340 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.

    Corporate EBITDA is a non-GAAP financial measure. Management believes that Corporate EBITDA is useful in measuring the comparable results of the Company period-over-period. The GAAP measures most directly comparable to Corporate EBITDA are pre-tax income and cash flows from operating activities. Because of the forward-looking nature of the Company’s forecasted Corporate EBITDA, specific quantifications of the amounts that would be required to reconcile forecasted cash flows from operating activities and pre-tax income are not available. The Company believes that there is a degree of volatility with respect to certain of the Company’s GAAP measures, primarily related to fair value accounting for its financial assets (which includes the Company’s derivative financial instruments), its income tax reporting and certain adjustments made to arrive at the relevant non-GAAP measures, which preclude the Company from providing accurate forecasted GAAP to non-GAAP reconciliations. Based on the above, the Company believes that providing estimates of the amounts that would be required to reconcile the range of the non-GAAP Corporate EBITDA to forecasted cash flows from operating activities and pre-tax income would imply a degree of precision that would be confusing or misleading to investors for the reasons identified above.

    Cautionary Note Concerning Forward Looking Statements

    Certain statements contained in this press release include "forward-looking statements." Forward-looking statements include information concerning the Company’s liquidity and its possible or assumed future results of operations, including descriptions of its business strategies. These statements often include words such as "believe," "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 its experience in the industry as well as its perceptions of historical trends, 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. Some important factors that could affect the Company’s actual results include, among others, those described under "Risk Factors" set forth in Item 1A of the Company’s Annual Report on Form 10-K for the year ended December 31, 2013, as amended, or that have been or may be disclosed from time to time in subsequent reports filed with the Securities and Exchange Commission, the thorough review of the Company’s internal financial records that is being conducted, the additional time that may be required to complete the review and the ability of the Company to remediate any material weakness in its internal control over financial reporting.

    Additional information concerning these factors can be found in our filings with the Securities and Exchange Commission, including our Form 10-K and our Current Reports on Form 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.

    Contacts:

    Investor Relations:
    Hertz
    Leslie Hunziker
    (239) 552-5700
    lhunziker@hertz.com

    Media:
    Hertz
    Richard Broome
    (239) 552-5558
    rbroome@hertz.com

    Joele Frank
    Barrett Golden, Alyssa Cass or Dan Moore
    (212) 355-4449

    SOURCE Hertz Global Holdings, Inc.

    Related Links

    http://www.hertz.com