Category: Press Release

DUBAI, United Arab Emirates, Jan. 21, 2013 /PRNewswire/ — The Hertz Corporation (NYSE: HTZ) has today announced the appointment of Transworld Company as its General Sales Agent (GSA) in Kuwait to grow outbound car rental reservations to more than 8,800 Hertz locations worldwide in 150 countries. The new partnership between the world’s largest general use car rental brand and Transworld will build upon the growing number of outbound Hertz car rentals from Kuwait, with the USA, Germany, France and Switzerland topping the list of global destinations for Hertz Kuwait customers in 2012.

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Transworld has recruited an independent sales team which will operate as a dedicated resource to represent the Hertz brand for outbound car rental in Kuwait, providing a new level of service and support for the country’s travel trade professionals making car rental bookings globally for their customers.

The move will increase Hertz product awareness among the travel trade and grow outbound sales by capitalizing on Transworld’s extensive international retail network to boost business from corporate customers and consumers.

"The Hertz brand is one of the most well-known car rental brands globally and is instantly recognizable by millions of people," said Michel Taride, President, Hertz International and Executive Vice President, Hertz Corporation.

"We have an assertive long-term outbound growth strategy for Kuwait which focuses on key destinations such as the USA and Europe. Having helped customers around the world for more than 90 years, this new partnership with Transworld Company builds upon the longstanding history Hertz has built in Kuwait."

"Providing a wealth of products for our customers has always been our aim and this partnership with Hertz allows us to widen the range of services we offer," said Cristiana Stefan, Hertz Manager, Transworld.

"We look forward to establishing Transworld as the face of the Hertz brand amongst the travel trade in Kuwait and building Hertz brand awareness among our customers, trade and corporate client portfolio."

While Europe and the USA remain among the most popular outbound destinations for Hertz Kuwait customers in 2012, the outbound GCC market witnessed the most growth year-on-year. Kuwaitis renting in Oman grew by 166 per cent, in Qatar by 150 per cent, and in the UAE by 55 per cent.

The new GSA appointment is the latest in a wave of fresh investment by Hertz Kuwait this year to improve its booking channels and customer service levels. In June, it launched a dedicated 24/7 English and Arabic customer call centre followed shortly in August by its own country domain website www.hertz.com.kw.

In November, Hertz Kuwait was awarded the coveted Superbrand status, further establishing the car rental company as a premier choice for both business and leisure travellers in the country.

About The Hertz Corporation
Hertz operates its car rental business through the Hertz, Dollar and Thrifty brands from approximately 10,400 corporate, licensee and franchisee locations 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, operating from approximately 8,800 corporate and licensee locations in approximately 150 countries. Hertz is the number one airport car rental brand in the U.S. and at 111 major airports in Europe. Dollar and Thrifty have approximately 1,580 corporate and franchisee locations in approximately 80 countries. Hertz is an inaugural member of Travel + Leisure’s World’s Best Awards Hall of Fame and was recently named, for the thirteenth time, by the magazine’s readers as the Best Car Rental Agency. Hertz was also voted the Best Overall Car Rental Company in Zagat’s 2012/13 U.S. Car Rental Survey, earning top honors in 14 additional categories, and the Company swept the global awards for Best Rewards Program and Best Overall Benefits from FlyerTalk.com. Product and service initiatives such as Hertz Gold Plus Rewards, NeverLost®, and unique cars and SUVs offered through the Company’s Adrenaline, Prestige and Green Traveler Collections, also set Hertz apart from the competition. Additionally, Hertz owns the vehicle leasing and fleet management leader Donlen Corporation and operates the Hertz On Demand car sharing business. The Company also owns a leading North American equipment rental business, Hertz Equipment Rental Corporation, which includes Hertz Entertainment Services.

About Hertz EMEA
Hertz has a strong presence in the Middle East and Africa region, with 11 Hertz franchisees in the Middle East and 23 in Africa, and a total of 66 locations in the Middle East and 161 outlets in Africa, offering a wide range of car rental and leasing services. Hertz locations across the region offer customers the most modern fleet of vehicles in the market, with a focus on quality, safety and reliability.

CONTACT (U.S.): Paula Rivera (201) 307-2824 privera@hertz.com

CONTACT (International): Zoe White +44 1895 553 887 zoewhite@hertz.com

CONTACT (Middle East): Gareth Wright Total Communications +971 4 428 1502 gareth@totalcompr.ae

SOURCE The Hertz Corporation

PARK RIDGE, N.J., Jan. 17, 2013 /PRNewswire/ — Hertz Global Holdings, Inc. ("Hertz Holdings") (NYSE: HTZ) announced today that Hertz Vehicle Financing LLC ("HVF"), a special purpose bankruptcy remote limited liability company of which The Hertz Corporation ("Hertz" or the "Company"), a wholly-owned subsidiary of Hertz Holdings, is the sole member, priced $950 million in aggregate principal amount of three year and five year Series 2013-1 Rental Car Asset Backed Notes, Class A and Class B, rated "Aaa" and "Baa2" by Moody’s, respectively.

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The $282.75 million of three year Class A notes carry a 1.12% coupon, the $42.25 million of three year Class B notes carry a 1.86% coupon, the $543.75 million of five year Class A notes carry a 1.83% coupon, and the $81.25 million of five year Class B notes carry a 2.48% coupon. The three year notes and five year notes have expected final payment dates in August 2016 and August 2018, respectively. The Class B Notes are subordinated to the Class A Notes.

The notes are to be offered and sold only to qualified institutional buyers in an offering exempt from registration pursuant to Rule 144A of the Securities Act of 1933, as amended (the "Securities Act"), and to investors outside the United States pursuant to Regulation S under the Securities Act.

The net proceeds from the sale of the notes will be, to the extent permitted by the applicable agreements, (i) used to pay the purchase price of vehicles acquired by HVF pursuant to Hertz Holdings’ ABS Program, (ii) used to pay the principal amount of other ABS Program indebtedness that is then permitted or required to be paid or (iii) released to HVF to be distributed to Hertz or otherwise used by HVF for general purposes. The offering is expected to close on January 23, 2013 subject to customary closing conditions.

This announcement is neither an offer to sell nor a solicitation of an offer to buy any of these securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful. The notes have not been and will not be registered under the Securities Act or any applicable state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

ABOUT HERTZ HOLDINGS

Hertz Holdings, through its subsidiary Hertz, operates its car rental business through the Hertz, Dollar and Thrifty brands from approximately 10,400 corporate, licensee and franchisee locations 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, operating from approximately 8,800 corporate and licensee locations in approximately 150 countries. Our Dollar and Thrifty brands have approximately 1,580 corporate and franchisee locations in approximately 80 countries. Our Hertz brand name is one of the most recognized in the world, signifying leadership in quality rental services and products. We are one of the only car rental companies that has an extensive network of company operated rental locations both in the United States and in all major European markets. We believe that we maintain the leading airport car rental brand market share, by overall reported revenues, in the United States and at 111 major airports in Europe where we have company operated locations and where data regarding car rental concessionaire activity is available. We believe that we also maintain the second largest market share, by revenues, in the off-airport car rental market in the United States. In our equipment rental business segment, we rent equipment through approximately 340 branches in the United States, Canada, France, Spain, China and Saudi Arabia, as well as through our international licensees. We and our predecessors have been in the car rental business since 1918 and in the equipment rental business since 1965. We also own Donlen Corporation, based in Northbrook, Illinois, which is a leader in providing fleet leasing and management services.

CAUTIONARY NOTE CONCERNING FORWARD-LOOKING STATEMENTS

This communication contains "forward-looking statements." Examples of forward-looking statements include information concerning Hertz Holdings’ liquidity and its possible or assumed future results of operations, including descriptions of its business strategy. These forward-looking statements often include words such as "believe," "expect," "project," "anticipate," "intend," "plan," "estimate," "seek," "will," "may," "would," "should," "could," "forecasts" or similar expressions. These statements are based on certain assumptions that Hertz Holdings 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 that Hertz Holdings believes are appropriate in these circumstances. You should understand that these statements are not guarantees of performance or results. They involve risks, uncertainties and assumptions. Many factors could affect our actual financial results and could cause actual results to differ materially from those expressed in the forward-looking statements.

Among other items, such factors could include: the effect of the debt markets on the offering and Hertz Holdings’ ability to satisfy the closing conditions to the offering; our ability to integrate the car rental operations of Dollar Thrifty Automotive Group, Inc. ("Dollar Thrifty") and the ability to realize operational efficiencies from the acquisition of Dollar Thrifty; the operational and profitability impact of divestitures that we were required to undertake to secure regulatory approval for the acquisition of Dollar Thrifty; levels of travel demand, particularly with respect to airline passenger traffic in the United States and in global markets; significant changes in the competitive environment, including as a result of industry consolidation, and the effect of competition in our markets, including on our pricing policies or use of incentives; occurrences that disrupt rental activity during our peak periods; our ability to achieve cost savings and efficiencies and realize opportunities to increase productivity and profitability; an increase in our fleet costs as a result of an increase in the cost of new vehicles and/or a decrease in the price at which we dispose of used vehicles either in the used vehicle market or under repurchase or guaranteed depreciation programs; our ability to accurately estimate future levels of rental activity and adjust the size of our fleet accordingly; our ability to maintain sufficient liquidity and the availability to us of additional or continued sources of financing for our revenue earning equipment and to refinance our existing indebtedness; safety recalls by the manufacturers of our vehicles and equipment; a major disruption in our communication or centralized information networks; financial instability of the manufacturers of our vehicles and equipment; any impact on us from the actions of our licensees, franchisees, dealers and independent contractors; our ability to maintain profitability during adverse economic cycles and unfavorable external events (including war, terrorist acts, natural disasters and epidemic disease); shortages of fuel and increases or volatility in fuel costs; our ability to successfully integrate acquisitions and complete dispositions; our ability to maintain favorable brand recognition; costs and risks associated with litigation; risks related to our indebtedness, including our substantial amount of debt, our ability to incur substantially more debt and increases in interest rates or in our borrowing margins; our ability to meet the financial and other covenants contained in our senior credit facilities, our outstanding unsecured senior notes and certain asset-backed and asset-based arrangements; changes in accounting principles, or their application or interpretation, and our ability to make accurate estimates and the assumptions underlying the estimates, which could have an effect on earnings; changes in the existing, or the adoption of new laws, regulations, policies or other activities of governments, agencies and similar organizations where such actions may affect our operations, the cost thereof or applicable tax rates; changes to our senior management team; the effect of tangible and intangible asset impairment charges; the impact of our derivative instruments, which can be affected by fluctuations in interest rates and commodity prices; and our exposure to fluctuations in foreign exchange rates. Additional information concerning these and other factors can be found in our filings with the Securities and Exchange Commission, including our most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.

Hertz Holdings therefore cautions you against relying on these forward-looking statements. All forward-looking statements attributable to Hertz Holdings or persons acting on Hertz Holdings’ behalf are expressly qualified in their entirety by the foregoing cautionary statements. All such statements speak only as of the date made, and Hertz Holdings 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

PARK RIDGE, N.J., Jan. 8, 2013 /PRNewswire/ —

Event: Hertz Global Holdings, Inc.’s (NYSE: HTZ) Chairman and Chief Executive Officer Mark Frissora to speak at the 2013 Deutsche Bank Global Auto Industry Conference in Detroit, MI.

Time/Date: 12:05 pm (ET) on Tuesday January 15, 2013.

Internet Access: Hertz’s presentation will be broadcast live through an audio webcast available from the Investor Relations section of Hertz’s website, www.hertz.com/investorrelations. Presentation slides will be available for download at the site and the webcast will be available for replay until January 30, 2013.

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About Hertz
Hertz Global Holdings is the top-level holding company for the consolidated Hertz business that operates its car rental business through the Hertz, Dollar and Thrifty brands from approximately 10,400 corporate, licensee and franchisee locations 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, operating from approximately 8,800 corporate and licensee locations in approximately 150 countries. Hertz is the number one airport car rental brand in the U.S. and at 111 major airports in Europe. Dollar and Thrifty have approximately 1,580 corporate and franchisee locations in approximately 80 countries. In addition, the Company has sales and marketing centers in 60 countries which promote the Company’s business both within and outside such country. Product and service initiatives such as Hertz Gold Choice, Hertz Gold Plus Rewards, NeverLost® customized, onboard navigation systems, Sirius XM Satellite Radio, and unique cars and SUVs offered through the Company’s Adrenaline, Prestige and Green Traveler Collections, set Hertz apart from the competition. In 2008, the Company entered the global car sharing market with Hertz On Demand which rents cars by the hour and/or by the day, at various locations in the U.S., Canada, Europe, and Australia. Hertz also operates one of the world’s largest equipment rental businesses, Hertz Equipment Rental Corporation, offering a diverse line of rental equipment, from small tools and supplies to earthmoving equipment, as well as new and used equipment for sale, to customers ranging from major industrial companies to local contractors and consumers, from approximately 340 branches in the United States, Canada, China, France, Spain and Saudi Arabia, as well as through its international licensees. Hertz also owns Donlen Corporation, based in Northbrook, Illinois, which is a leader in providing fleet leasing and management services.

To make car rental reservations or for more information, customers can call their travel agent, or call Hertz toll-free at 1-800-654-3131. Information and reservations are also available on the web at www.hertz.com. For information on Hertz Equipment Rental, visit the company on the web at www.hertzequip.com.

SOURCE The Hertz Corporation

PARK RIDGE, N.J., Jan. 3, 2013 /PRNewswire/ — Delivering again on its commitment to provide the fastest and easiest experiences in the car rental industry, The Hertz Corporation (NYSE:HTZ) announced today that its Hertz Gold Plus Rewards members may now select an upgraded or different rental vehicle via their smartphone. Hertz Gold Plus Rewards members are offered a range of cars on their smartphone which they can instantly rent in lieu of the reserved vehicle. A significant enhancement of its ‘Carfirmations’ or Mobile Gold Alerts service, members can now execute a vehicle change in three simple clicks prior to pick-up and without talking to a rental agent.

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"Our customers expect speed and convenience which is why we continue to invest in user-friendly services and tools to meet their expectations in an increasingly technology-driven world," commented Hertz Chairman and Chief Executive Officer, Mark P. Frissora. "Carfirmations now give our valued Gold Members the ability to upgrade their reserved rental directly from their mobile devices as soon as they’ve landed. This new level of convenience and choice is unique in the car rental industry – and customers love it."

Hertz Carfirmations are an email and mobile SMS text service that notifies Hertz Gold Plus Rewards members, prior to arrival, about their rental, including specific vehicle information and car location. Clicking a link in the message provides customers renting at U.S. airport locations up to three options: switching to a different car at no additional cost; the Deal of the Day; or upgrading to a nicer car while presenting the specific make, model and color of the available cars. In addition, where available, cars with NeverLost GPS are offered.

To launch the new upgrades, Hertz piloted the service in both Los Angeles and Washington D.C. throughout December and has since introduced Mobile Gold Alert upgrades to the top 50 airport locations in the U.S. Thousands of customers participated in the pilot program and overwhelmingly positive responses included everything from ‘loved it,’ to ‘being able to see in advance what I’m getting, and change it to something more suitable, is a big selling point,’ to ‘I couldn’t believe how awesome this was.’

With more than two million customers using Mobile Gold Alerts, and more than 500,000 alerts sent each month, Hertz’s Carfirmations upgrade is one of many recent technology upgrades from Hertz, including:

• Hertz Gold Choice ("Choose Control") gives a Gold customer the power to select their own car and go. They can keep the pre-assigned car or simply choose another and head straight to the exit gate, something no other car rental company offers. Gold Choice is currently available at 58 locations worldwide.
• Hertz’s e-Return ("Zap Technology") allows customers to simply drop off their car and go at time of rental return. With Hertz e-Return, Hertz emails the customer’s receipt in a flash (typically within 30 minutes of returning a car). More than two million e-Return receipts have been sent on 78% of Gold transactions, with 650,000 e-Receipts sent each month.
• Hertz ExpressRent Interactive Kiosks™, available at more than 100 airport and neighborhood locations in the U.S. and Europe, is the only self-service kiosk in the industry equipped with a touchscreen interface and a second screen that allow customers to interact directly with live customer service agents via video to pick up existing rentals or create new rental agreements. Recently, Hertz recorded more than 8,000 kiosk rental transactions per week in the U.S., setting a new record. Hertz ExpressRent Interactive Kiosks have been recognized for innovating the car rental experience, winning awards including the 2012 CIO 100 award and Best (Self Service) Kiosk in Zagat’s 2012/2013 car rental survey.

Hertz is committed to offering its customers the most technologically innovative products and services available to keep customers "Traveling at the Speed of Hertz." This includes Hertz ‘Carfirmations’; ‘Gold Choice’, which gives Gold members the power to keep the car they reserved or simply choose a different car from the Gold Choice area; and e-Return, with the fastest car rental drop-off that includes an email receipt within hours. These are all complimentary services for Hertz Gold Plus Rewards members, which is currently free to join. In addition, Hertz continues to expand the presence of its ExpressRent Interactive Kiosks that let customers rent a car, with or without a reservation, through a live, face-to-face video kiosk.

For more information, visit www.Hertz.com and/or follow Hertz at www.Facebook.com/Hertz and www.Twitter.com/Hertz. Click here to visit the Hertz YouTube page and view the Hertz ExpressRent Kiosk.

About The Hertz Corporation
Hertz operates its car rental business through the Hertz, Dollar and Thrifty brands from approximately 10,400 corporate, licensee and franchisee locations 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, operating from approximately 8,800 corporate and licensee locations in approximately 150 countries. Hertz is the number one airport car rental brand in the U.S. and at 111 major airports in Europe. Dollar and Thrifty have approximately 1,580 corporate and franchisee locations in approximately 80 countries. Hertz is an inaugural member of Travel + Leisure’s World’s Best Awards Hall of Fame and was recently named, for the thirteenth time, by the magazine’s readers as the Best Car Rental Agency. Hertz was also voted the Best Overall Car Rental Company in Zagat’s 2012/13 U.S. Car Rental Survey, earning top honors in 14 additional categories, and the Company swept the global awards for Best Rewards Program and Best Overall Benefits from FlyerTalk.com. Product and service initiatives such as Hertz Gold Plus Rewards, NeverLost®, and unique cars and SUVs offered through the Company’s Adrenaline, Prestige and Green Traveler Collections, also set Hertz apart from the competition. Additionally, Hertz owns the vehicle leasing and fleet management leader Donlen Corporation and operates the Hertz On Demand car sharing business. The Company also owns a leading North American equipment rental business, Hertz Equipment Rental Corporation, which includes Hertz Entertainment Services.

To make car rental reservations or for more information, customers can call their travel agent, or call Hertz toll-free at 1-800-654-3001. Information and reservations are also available on the web at www.hertz.com.

SOURCE The Hertz Corporation

PARK RIDGE, N.J., Jan. 2, 2013 /PRNewswire/ — Hertz Global Holdings, Inc. (the "Company") (NYSE: HTZ) today announced that the Company’s $474,733,000 aggregate principal amount outstanding of 5.25% Convertible Senior Notes Due 2014 (the "Notes") will continue to be convertible by holders of the Notes. This conversion right has been triggered because the Company’s closing common stock price per share exceeded $10.77 for at least 20 trading days during the 30 consecutive trading day period ending on December 31, 2012. Based on this triggering event, the Notes will be convertible until March 31, 2013.

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If conversion requests are received, the settlement of the Notes will be paid pursuant to the terms of the Indenture. The Company’s policy has been, and continues to be, to settle conversions of the Notes using a combination of cash and shares of the Company’s common stock, with the cash portion being paid with a fixed dollar amount equal to $1,000 per $1,000 in principal amount of the Notes (assuming the conversion value is at least equal to the principal amount of the Notes).

Wells Fargo Bank, National Association, is the Trustee for the holders of the Notes and Conversion Agent under the Indenture. All questions relating to the mechanics of the conversion for the Notes should be directed to Martin Reed at Wells Fargo Bank, National Association, telephone number 212.515.5244 and address 45 Broadway, 14th Floor, New York, NY 10006.

This press release is only a summary of certain provisions of the Notes and the Indenture, dated as of May 27, 2009 (the "Indenture"), by and between the Company and Wells Fargo Bank, National Association. A complete explanation of the conversion rights of holders of the Notes, as well as the procedures required to convert Notes, is set forth in the Indenture. All holders are urged to review the conversion provisions contained in the Notes and the Indenture in their entirety.

SOURCE Hertz Global Holdings, Inc.

LONDON, Dec. 11, 2012 /PRNewswire/ — The Hertz Corporation (NYSE: HTZ), the world’s largest general use car rental brand, has launched an ElectriCity initiative in Milan to provide Nissan LEAF electric vehicles for rent by the hour or day. The Nissan LEAFs can be rented from Hertz Milano Centrale railway station location (Via Cappellini 10), and are bookable online at www.hertz.it.

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IKEA, which hosted the official launch at its Milan – San Giuliano store, has agreed with Hertz to offer a specially discounted rental price for member customers of the IKEA Family. The electric vehicles also have free access to Milan’s ZTL congestion zone (C area), with free parking in pay and display parking spaces marked by blue stripes. The ElectriCity Milan launch follows the success of Hertz’s electric vehicle offerings in other major cities including Rome, Paris, London, New York City and Washington D.C.

Michel Taride, President of Hertz International, said: "Hertz offers electric vehicles in more cities than any other rental company and we are committed to offering eco-friendly mobility solutions for business or holiday journeys. We believe that renting cars such as the Nissan LEAF to city dwellers and visitors can help increase the use of this new technology."

Massimiliano Archiapatti, General Manager of Hertz Italy, added: "Thanks to our partnership with IKEA Family, our joint customers can rent the Nissan LEAFs with a 20% discount and use them to easily shop at the Milan stores in San Giuliano, Carugate and Corsico. They can also re-charge the Nissan LEAF for free at IKEA’s electric vehicle charging stations."

Stefano Brown, Sustainability Manager, Retail, IKEA Group said: "IKEA wants to take a leading role towards a low carbon society by significantly reducing CO2 emissions and adopting new technologies for renewable energy and mobility solutions. Today more than half of the energy used for IKEA buildings is renewable. With this cooperation with Hertz we confirm our commitment to help encourage a new type of mobility by making it available for our IKEA Family customers at a special price."

Bernard Loire, Manager of Nissan Italy, stated: "We’re proud to be involved in this innovative electric mobility project along with Hertz and IKEA, who – like us – have always been committed to developing sustainable solutions that combine nature, people and vehicles."

Alberto Sabatino, Corporate Sales Manager of Nissan Italy, added: "With ElectriCity, Hertz and IKEA customers can experience the innovative driving experience of Nissan’s LEAF. Thanks to its electrical range, customers will be able to drive the Nissan LEAF from Milan to IKEA stores within the Milan urban area."

Nissan LEAF is a highly popular all-electric vehicle and features a 4 star Euro NCAP rating. It comes with a compact electric engine, with 80 kW power and 280 NM torque, powered by a 24 kWh lithium ion laminated battery which guarantees efficiency, great performance and range. While travelling downhill or braking, the special brake system converts the Nissan LEAF’s kinetic energy into electric energy, helping to recharge the battery. A dashboard display indicates the efficiency of the driving. A complete recharge is enough for a distance of 175 km. In addition, with the ECO option drivers can reduce the electric energy consumption, increasing the driving range per recharge.

As the world’s largest airport general-use car-rental brand, Hertz is introducing multiple groups of consumers – urban drivers, university students, travellers and corporations – to all-electric and plug-in hybrid vehicles. As a result, the company is forming partnerships with automakers, charging-station providers, municipalities, non-governmental organizations, corporations and other stakeholders to make EVs easily accessible to consumers.

Hertz plans to increase its global EV presence by deploying vehicles in other countries in the coming months. Hertz Global EV will continue to leverage the company’s rental and car sharing locations as bases for vehicles and charging stations, and tap into its technology – including sophisticated fleet management tools and consumer-facing GPS systems, including Hertz NeverLost in the U.S. – to help form an EV grid.

About Hertz
Hertz operates its car rental business through the Hertz, Dollar and Thrifty brands from approximately 10,400 corporate, licensee and franchisee locations 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, operating from approximately 8,800 corporate and licensee locations in approximately 150 countries. Hertz is the number one airport car rental brand in the U.S. and at 111 major airports in Europe. Dollar and Thrifty have approximately 1,580 corporate and franchisee locations in approximately 80 countries.

Hertz is an inaugural member of Travel + Leisure’s World’s Best Awards Hall of Fame and was recently named, for the thirteenth time, by the magazine’s readers as the Best Car Rental Agency. Hertz was also voted the Best Overall Car Rental Company in Zagat’s 2012/13 U.S. Car Rental Survey, earning top honors in 14 additional categories, and the Company swept the global awards for Best Rewards Program and Best Overall Benefits from FlyerTalk.com.

Product and service initiatives such as Hertz Gold Plus Rewards, NeverLost®, and unique cars and SUVs offered through the Company’s Adrenaline, Prestige and Green Traveler Collections, also set Hertz apart from the competition. Additionally, Hertz owns the vehicle leasing and fleet management leader Donlen Corporation and operates the Hertz On Demand car sharing business. The Company also owns a leading North American equipment rental business, Hertz Equipment Rental Corporation, which includes Hertz Entertainment Services.

About NISSAN
Nissan Motor Co., Ltd., the second largest Japanese car manufacturer by sales, is headquartered in Yokohama (Japan) and is a Renault-Nissan Alliance partner. With over 248.000 employees worldwide, Nissan sold more than 4.8 million vehicles in 2011 generating revenue of 9.4 trillion yen (118.95 billion US dollars). Committed to developing innovative vehicles, Nissan offers a range of 64 models through the Nissan and Infiniti brands. A zero-emissions pioneer, they reached an historical landmark with the introduction of the Nissan LEAF, the first fully electric vehicle for mass market sale at a reasonable price, winning numerous awards, such as Car of the Year 2011 in Europe, Car of the Year 2011-2012 in Japan and World Car of the Year 2011.

For more information on Nissan electric vehicles visit http://www.nissan-zeroemission.com

Further information is available on www.newsroom.nissan-europe.com/it/

CONTACT (Hertz US): Paula Rivera (201) 307-2824 privera@hertz.com

CONTACT (Hertz International): Zoe White +44 1895 553 887 zoewhite@hertz.com

CONTACT (Nissan Italy) Fulvio Ferrari +39 06 90808430 f.ferrari@nissan.it

SOURCE The Hertz Corporation

PARK RIDGE, N.J., Dec. 10, 2012 /PRNewswire/ — Hertz Global Holdings, Inc. (NYSE: HTZ) ("Hertz Holdings") announced today the sale of an aggregate of 50,000,000 shares of common stock by investment funds associated with Clayton, Dubilier & Rice, LLC, The Carlyle Group and BofA Merrill Lynch to J.P. Morgan, as the sole underwriter in the registered public offering of those shares. The shares are being sold on a pro rata basis by these investment funds, which are existing stockholders of Hertz Holdings, in accordance with their current ownership interests. Following the offering, these investment funds will continue to beneficially own an aggregate of approximately 110 million shares, or approximately 26% in the aggregate, of Hertz Holdings’ outstanding common stock, calculated on an undiluted basis. The total number of outstanding shares of Hertz Holdings’ common stock will not change as a result of the offering. Hertz Holdings will not receive any proceeds from the offering.

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The last reported sale price of Hertz Holdings’ common stock on December 10, 2012 was $16.21 per share. J.P. Morgan proposes to offer the shares of common stock from time to time for sale in one or more transactions on the New York Stock Exchange, in the over-the-counter market, through negotiated transactions or otherwise at market prices prevailing at the time of sale, at prices related to prevailing market prices or at negotiated prices, subject to receipt and acceptance by it and subject to its right to reject any order in whole or in part.

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, the underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free (866) 803-9204.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

ABOUT HERTZ HOLDINGS

Hertz Holdings, through its subsidiary The Hertz Corporation ("Hertz," or the "Company"), operates its car rental business through the Hertz, Dollar and Thrifty brands from approximately 10,400 corporate, licensee and franchisee locations 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, operating from approximately 8,800 corporate and licensee locations in approximately 150 countries. Our Dollar and Thrifty brands have approximately 1,580 corporate and franchisee locations in approximately 80 countries. Our Hertz brand name is one of the most recognized in the world, signifying leadership in quality rental services and products. We are one of the only car rental companies that has an extensive network of company‑operated rental locations both in the United States and in all major European markets. We believe that we maintain the leading airport car rental brand market share, by overall reported revenues, in the United States and at 111 major airports in Europe where we have company‑operated locations and where data regarding car rental concessionaire activity is available. We believe that we also maintain the second largest market share, by revenues, in the off-airport car rental market in the United States. In our equipment rental business segment, we rent equipment through approximately 340 branches in the United States, Canada, France, Spain, China and Saudi Arabia, as well as through our international licensees. We and our predecessors have been in the car rental business since 1918 and in the equipment rental business since 1965. We also own Donlen Corporation, based in Northbrook, Illinois, which is a leader in providing fleet leasing and management services.

CAUTIONARY NOTE CONCERNING FORWARD-LOOKING STATEMENTS

This communication contains "forward-looking statements." Examples of forward-looking statements include information concerning Hertz Holdings’ liquidity and its possible or assumed future results of operations, including descriptions of its business strategy. These forward-looking statements often include words such as "believe," "expect," "project," "anticipate," "intend," "plan," "estimate," "seek," "will," "may," "would," "should," "could," "forecasts" or similar expressions. These statements are based on certain assumptions that Hertz Holdings 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 that Hertz Holdings believes are appropriate in these circumstances. You should understand that these statements are not guarantees of performance or results. They involve risks, uncertainties and assumptions. Many factors could affect our actual financial results and could cause actual results to differ materially from those expressed in the forward-looking statements.

Among other items, such factors could include: our ability to integrate the car rental operations of Dollar Thrifty Automotive Group, Inc. ("Dollar Thrifty") and the ability to realize operational efficiencies from the acquisition of Dollar Thrifty; the operational and profitability impact of divestitures that we were required to undertake to secure regulatory approval for the acquisition of Dollar Thrifty; levels of travel demand, particularly with respect to airline passenger traffic in the United States and in global markets; significant changes in the competitive environment, including as a result of industry consolidation, and the effect of competition in our markets, including on our pricing policies or use of incentives; occurrences that disrupt rental activity during our peak periods; our ability to achieve cost savings and efficiencies and realize opportunities to increase productivity and profitability; an increase in our fleet costs as a result of an increase in the cost of new vehicles and/or a decrease in the price at which we dispose of used vehicles either in the used vehicle market or under repurchase or guaranteed depreciation programs; our ability to accurately estimate future levels of rental activity and adjust the size of our fleet accordingly; our ability to maintain sufficient liquidity and the availability to us of additional or continued sources of financing for our revenue earning equipment and to refinance our existing indebtedness; safety recalls by the manufacturers of our vehicles and equipment; a major disruption in our communication or centralized information networks; financial instability of the manufacturers of our vehicles and equipment; any impact on us from the actions of our licensees, franchisees, dealers and independent contractors; our ability to maintain profitability during adverse economic cycles and unfavorable external events (including war, terrorist acts, natural disasters and epidemic disease); shortages of fuel and increases or volatility in fuel costs; our ability to successfully integrate acquisitions and complete dispositions; our ability to maintain favorable brand recognition; costs and risks associated with litigation; risks related to our indebtedness, including our substantial amount of debt, our ability to incur substantially more debt and increases in interest rates or in our borrowing margins; our ability to meet the financial and other covenants contained in our senior credit facilities, our outstanding unsecured senior notes and certain asset-backed and asset-based arrangements; changes in accounting principles, or their application or interpretation, and our ability to make accurate estimates and the assumptions underlying the estimates, which could have an effect on earnings; changes in the existing, or the adoption of new laws, regulations, policies or other activities of governments, agencies and similar organizations where such actions may affect our operations, the cost thereof or applicable tax rates; changes to our senior management team; the effect of tangible and intangible asset impairment charges; the impact of our derivative instruments, which can be affected by fluctuations in interest rates and commodity prices; and our exposure to fluctuations in foreign exchange rates. Additional information concerning these and other factors can be found in our filings with the Securities and Exchange Commission, including our most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.

Hertz Holdings therefore cautions you against relying on these forward-looking statements. All forward-looking statements attributable to Hertz Holdings or persons acting on Hertz Holdings’ behalf are expressly qualified in their entirety by the foregoing cautionary statements. All such statements speak only as of the date made, and Hertz Holdings 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.

PARK RIDGE, N.J., Nov. 30, 2012 /PRNewswire/ —

Event:	Hertz Global Holdings, Inc.’s (NYSE:HTZ) Chairman and Chief Executive Officer Mark Frissora to speak at the 2012 Bank of America Merrill Lynch Leveraged Finance Conference in Florida.
Time/Date:	9:30 am (ET) on Tuesday December 4, 2012
Internet Access:	Hertz’s presentation will be broadcast live through an audio webcast available from the Investor Relations section of Hertz’s website, www.hertz.com/investorrelations. Presentation slides will be available for download at the site and the webcast will be available for replay until December 18, 2012.

(Logo: http://photos.prnewswire.com/prnh/20110810/NY50373LOGO )

About Hertz
Hertz Global Holdings is the top-level holding company for the consolidated Hertz business that operates its car rental business through the Hertz, Dollar and Thrifty brands from approximately 10,400 corporate, licensee and franchisee locations 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, operating from approximately 8,800 corporate and licensee locations in approximately 150 countries. Hertz is the number one airport car rental brand in the U.S. and at 111 major airports in Europe. Dollar and Thrifty have approximately 1,580 corporate and franchisee locations in approximately 80 countries. In addition, the Company has sales and marketing centers in 60 countries which promote the Company’s business both within and outside such country. Product and service initiatives such as Hertz Gold Plus Rewards, NeverLost® customized, onboard navigation systems, Sirius XM Satellite Radio, and unique cars and SUVs offered through the Company’s Adrenaline, Prestige and Green Traveler Collections, set Hertz apart from the competition. In 2008, the Company entered the global car sharing market with Hertz On Demand which rents cars by the hour and/or by the day, at various locations in the U.S., Canada, Europe, and Australia. Hertz also operates one of the world’s largest equipment rental businesses, Hertz Equipment Rental Corporation, offering a diverse line of rental equipment, from small tools and supplies to earthmoving equipment, as well as new and used equipment for sale, to customers ranging from major industrial companies to local contractors and consumers, from approximately 340 branches in the United States, Canada, China, France, Spain and Saudi Arabia, as well as through its international licensees. Hertz also owns Donlen Corporation, based in Northbrook, Illinois, which is a leader in providing fleet leasing and management services.

To make car rental reservations or for more information, customers can call their travel agent, or call Hertz toll-free at 1-800-654-3131. Information and reservations are also available on the web at www.hertz.com. For information on Hertz Equipment Rental, visit the company on the web at www.hertzequip.com.

SOURCE The Hertz Corporation

PARK RIDGE, N.J., Nov. 29, 2012 /PRNewswire/ — In a continued focus on technology, the Hertz Corporation (NYSE: HTZ) announced today it has re-launched the Company’s car rental and car sharing websites, to enable all Hertz.com and HertzOnDemand.com users to have a consistent brand and rich user experience regardless of whether they access a site through their personal computer, mobile phone or tablet. As customers increasingly visit Hertz websites while traveling or on-the-go, the importance of a streamlined experience that is responsive to the type of device being used has grown. Hertz is excited to be the first in the rental car and travel industries to implement responsive design technology.

(Logo: http://photos.prnewswire.com/prnh/20110810/NY50373LOGO )

"Hertz is far ahead of the competition in our quest to provide the most streamlined experience for the variety of devices customers use to rent vehicles," commented Hertz Chairman and Chief Executive Officer, Mark P. Frissora. "We’ve proactively implemented responsive design technology to create a user-friendly experience no matter how customers access Hertz, whether on a PC, touch-screen mobile device, or tablet. In addition, the new technology makes it easy for customers to interact with Hertz while significantly improving our ability to replicate optimal processes, content presentation and design for new booking platforms."

Switching Hertz’s online experience to responsive design technology enables Hertz’s in-house ecommerce team to build and make changes once for multiple devices and platforms. Every device will have the same Hertz functionality while the content will be presented in an environment best suited for the end-users device. The responsive design technology enables Hertz to streamline its mobile strategies and build a foundation to bridge the gap between the desktop and mobile experience. Hertz is also breaking through when it comes to innovation, implementing this overhaul in just three months — typically, this type of project is projected to take at least six months.

"Implementing responsive design technology is a part of Hertz’s commitment to be the fastest, easiest and most valued car rental company in the world, and a leader in innovation," commented Hertz Chief Innovation Officer, Joe Eckroth. "We are committed to innovation that streamlines our customers’ experience as well as our business practices."

Hertz offers its customers the most technologically innovative products and services available that results in the fastest, easiest and most valued rental experience to keep customers "Traveling at the Speed of Hertz." This includes Hertz ‘Carfirmations’, a mobile SMS text and email service that confirms a Hertz Gold Plus Rewards member’s reservation and advises them of their car and location prior to arrival at the Hertz facility; ‘Gold Choice’, which gives Gold members the power to keep the car they reserved or simply choose a different car from the Gold Choice area; and Counter By-Pass and e-Return, which allows customers to bypass counter lines and go directly to their cars and then return their vehicles with the fastest car rental drop-off that includes an email receipt within hours. These are all free services for Hertz Gold Plus Rewards members, which is free to join. In addition, Hertz continues to expand the presence of its ExpressRent Interactive Kiosks that let customers rent a car, with or without a reservation, through a live, face-to-face video kiosk. Finally, Hertz pioneered vehicle-specific reservation capabilities via its Collection series and has the largest fleet of make and model ‘reservable’ cars in the industry.

For more information, visit www.Hertz.com and/or follow Hertz at www.Facebook.com/Hertz and www.Twitter.com/Hertz. Click here to visit the Hertz YouTube page and view the Hertz ExpressRent Kiosk.

About The Hertz Corporation

Hertz operates its car rental business through the Hertz, Dollar and Thrifty brands from approximately 10,400 corporate, licensee and franchisee locations 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, operating from approximately 8,800 corporate and licensee locations in approximately 150 countries. Hertz is the number one airport car rental brand in the U.S. and at 111 major airports in Europe. Dollar and Thrifty have approximately 1,580 corporate and franchisee locations in approximately 80 countries. Hertz is an inaugural member of Travel + Leisure’s World’s Best Awards Hall of Fame and was recently named, for the thirteenth time, by the magazine’s readers as the Best Car Rental Agency. Hertz was also voted the Best Overall Car Rental Company in Zagat’s 2012/13 U.S. Car Rental Survey, earning top honors in 14 additional categories, and the Company swept the global awards for Best Rewards Program and Best Overall Benefits from FlyerTalk.com. Product and service initiatives such as Hertz Gold Plus Rewards, NeverLost®, and unique cars and SUVs offered through the Company’s Adrenaline, Prestige and Green Traveler Collections, also set Hertz apart from the competition. Additionally, Hertz owns the vehicle leasing and fleet management leader Donlen Corporation and operates the Hertz On Demand car sharing business. The Company also owns a leading North American equipment rental business, Hertz Equipment Rental Corporation, which includes Hertz Entertainment Services.

SOURCE The Hertz Corporation

LONDON, Nov. 21, 2012 /PRNewswire/ — The Hertz Corporation (NYSE: HTZ) and Wind Mobile have launched a Mobile Wi-Fi service in Italy for Hertz car rental customers. The move follows the success of Hertz’s Mobile Wi-Fi offerings in the UK, Spain and the Canary Islands, Australia and New Zealand.

(Logo: http://photos.prnewswire.com/prnh/20110810/NY50373LOGO )

A pocket sized device, Hertz Mobile Wi-Fi enables customers to enjoy fully secure 24/7 internet connectivity anywhere in Italy. Thanks to the mobile network provided by Wind, Hertz customers can browse at high speed (up to 21 Mbps) with unlimited data traffic for downloading and uploading. Customers can connect up to eight devices at the same time, such as smartphones, tablets, notebooks, and mini game consoles.

They can also considerably reduce the cost of calls and texts thanks to some popular and free mobile apps available on Google Play and Apple stores, as well as get all the benefits of an "always on" internet connection during their holiday or business trip. Hertz Mobile Wi-Fi is easily rechargeable in the car by USB and also through a mobile charger provided at the time of rental.

The Hertz Mobile Wi-Fi service is currently available from the Hertz locations in Rome Fiumicino, Milan Malpensa, Bergamo Airport, Pisa Airport and Catania Airport. In the next few months, the device will also be available for rental in other Italian locations and airports. For the first 7 days, the unit rental is 8 euros a day (plus VAT and airport taxes), for a maximum charge of 56 euros (plus VAT and airport taxes).

Further information about Mobile Wi-Fi in Italy can be obtained from www.hertz.it.

About Hertz

Hertz is the world’s largest general use car rental company, operating from over 8,650 corporate locations in 150 countries worldwide. Hertz is in its 93rd year of delivering quality car rental solutions to leisure and corporate customers. Product and service innovations such as Hertz #1 Club Gold, Worldwide Online Check-in, specially designed NeverLost® satellite navigation systems, and unique cars offered through the company’s Prestige, Family, Fun/Adrenaline and Green Collections, set Hertz apart from the competition. For more information please go to www.hertz.it

Hertz Press Contacts
Alexis Darby Ketchum Pleon T: +44 (0) 20 7611 3764 E: alexis.darby@ketchumpleon.com	Luke Campbell Ketchum Pleon T: +44 (0) 207 611 3735 E: luke.campbell@ketchumpleon.com

About Wind

Wind is one of the few European telephone service providers offering integrated mobile, landline and Internet services. In Italy, it’s the third largest mobile network operator with 21.2 million customers (data updated on 30th June 2012) and the largest alternative operator in the landline market, with 3.19 million customers using its telephone service and 2.24 million using its broadband services.

For more information www.windgroup.it

Wind Press Contacts
Marcella Voza Wind Group T: +39 06 83113700 E: marcella.voza@mail.wind.it

SOURCE The Hertz Corporation