Hertz Global Logo

News & Press Releases

News & Stories
News & Stories

Explore company news stories
and press releases​

Hertz Global Holdings, Inc. to Announce Second Quarter 2025 Financial Results on August 7, 2025

ESTERO, Fla., May 23, 2025 /PRNewswire/ — Hertz Global Holdings, Inc. (NASDAQ: HTZ) (the “Company”) announced today that it plans to report its second quarter 2025 financial results at 8:00 a.m. ET on Thursday, August 7, 2025, followed by an earning…
May 23, 2025

It’s a (Hertz) Jeep® 4×4 Thing: Hertz Adds 2025 Jeep Wrangler to its Newest Fleet Yet

From giving a friendly Jeep® wave to showing kindness with rubber ducks, Hertz has everything drivers need to join the Jeep community and explore the open road like a Jeep 4×4 owner this summer ESTERO, Fla., May 14, 2025 /PRNewswire/ — Hertz, one of…
May 14, 2025

HERTZ REPORTS SIGNIFICANT PROGRESS TOWARDS KEY MILESTONES FOR FIRST QUARTER 2025

“Our ‘Back-to-Basics Roadmap’ is working,” said Gil West, Chief Executive Officer of Hertz. “Disciplined fleet management, revenue optimization, and rigorous cost control are driving meaningful results. In a dynamic environment shaped by tariffs and …
May 12, 2025
Hertz Logo

Hertz Strengthens Financial Foundation Through Completion of Amended Credit Facilities

Extends $1.665 Billion of Commitments Under Revolving Credit Facility, $2.860 Billion of Commitments Under HVF III U.S. Vehicle Variable Funding Notes, and €1.160 Billion Under European ABS ESTERO, Fla., May 9, 2025 /PRNewswire/ — Hertz Global Holdi…
May 9, 2025

Hertz Global Holdings, Inc. to Announce First Quarter 2025 Financial Results on May 12, 2025

ESTERO, Fla., April 15, 2025 /PRNewswire/ — Hertz Global Holdings, Inc. (NASDAQ: HTZ) (the “Company”) announced today that it plans to report its first quarter 2025 financial results after the market closes on Monday, May 12, 2025 and will host its …
April 15, 2025

Comedian and SNL Superstar Mikey Day Drops Travel Knowledge as ‘The Common Sensei’ in New Dollar Car Rental Ad Campaign

Day Offers Witty, No-Nonsense Tips to Simplify Travel & Car Rental ESTERO, Fla., April 7, 2025 /PRNewswire/ — Dollar Car Rental, a leading rental car provider, is excited to announce the launch of its latest campaign featuring renowned comedian, imp…
April 7, 2025

Tom Brady Gets A New Job: Hertz Car Salesman

Brady Plays Used Car Salesman in New Hertz Ad Offering Chance to Win Cadillac XT5 ESTERO, Fla., March 4, 2025 /PRNewswire/ — Hertz, one of the world’s leading car rental companies, is teaming up with Tom Brady once again to share that Hertz is also …
March 4, 2025

HERTZ REPORTS FOURTH QUARTER AND FULL YEAR 2024 RESULTS

“Our focus in 2024 was stabilizing the business and implementing fundamental changes to transform our company,” said Gil West, Hertz CEO. “With our new leadership team and organizational structure in place, we are well positioned to execute our strat…
February 13, 2025

Hertz Global Holdings, Inc. to Announce Fourth Quarter and Full Year 2024 Financial Results on February 13, 2025

ESTERO, Fla., Jan. 2, 2025 /PRNewswire/ — Hertz Global Holdings, Inc. (NASDAQ: HTZ) (the “Company”) announced today that it plans to report its fourth quarter and full year 2024 financial results at 8:00 a.m. ET on Thursday, February 13, 2025, follo…
January 2, 2025
Hertz Logo

Hertz Strengthens Executive Team with Two Key Leadership Appointments

ESTERO, Fla., Dec. 30, 2024 /PRNewswire/ — Hertz Global Holdings, Inc. (NASDAQ: HTZ) – one of the leading global car rental companies – today announced two appointments to its leadership team, with Chris Berg joining the company as Executive Vice Pr…
December 30, 2024

Hertz Announces Receipt of Requisite Consents from Holders to Amend its 12.625% First Lien Senior Secured Notes Due 2029 and 8.000% Exchangeable Senior Second-Lien PIK Notes due 2029 and Expiration of Consent Solicitations

ESTERO, Fla., Dec. 13, 2024 /PRNewswire/ — Hertz Global Holdings, Inc. (NASDAQ: HTZ) (“Hertz” or the “Company”), a leading global rental car company, today announced that its wholly-owned indirect subsidiary, The Hertz Corporation (“Hertz Corp.”), r…
December 13, 2024

Hertz Announces Pricing of $500 Million of Additional First Lien Senior Secured Notes Offering

ESTERO, Fla., Dec. 5, 2024 /PRNewswire/ — Hertz Global Holdings, Inc. (NASDAQ: HTZ) (“Hertz” or the “Company”), a leading global rental car company, today announced that its wholly-owned indirect subsidiary, The Hertz Corporation (“Hertz Corp.”), ha…
December 5, 2024

Hertz Global Holdings, Inc. to Announce Second Quarter 2025 Financial Results on August 7, 2025

ESTERO, Fla., May 23, 2025 /PRNewswire/ — Hertz Global Holdings, Inc. (NASDAQ: HTZ) (the “Company”) announced today that it plans to report its second quarter 2025 financial results at 8:00 a.m. ET on Thursday, August 7, 2025, followed by an earning…
May 23, 2025

It’s a (Hertz) Jeep® 4×4 Thing: Hertz Adds 2025 Jeep Wrangler to its Newest Fleet Yet

From giving a friendly Jeep® wave to showing kindness with rubber ducks, Hertz has everything drivers need to join the Jeep community and explore the open road like a Jeep 4×4 owner this summer ESTERO, Fla., May 14, 2025 /PRNewswire/ — Hertz, one of…
May 14, 2025

HERTZ REPORTS SIGNIFICANT PROGRESS TOWARDS KEY MILESTONES FOR FIRST QUARTER 2025

“Our ‘Back-to-Basics Roadmap’ is working,” said Gil West, Chief Executive Officer of Hertz. “Disciplined fleet management, revenue optimization, and rigorous cost control are driving meaningful results. In a dynamic environment shaped by tariffs and …
May 12, 2025
Hertz Logo

Hertz Strengthens Financial Foundation Through Completion of Amended Credit Facilities

Extends $1.665 Billion of Commitments Under Revolving Credit Facility, $2.860 Billion of Commitments Under HVF III U.S. Vehicle Variable Funding Notes, and €1.160 Billion Under European ABS ESTERO, Fla., May 9, 2025 /PRNewswire/ — Hertz Global Holdi…
May 9, 2025

Hertz Global Holdings, Inc. to Announce First Quarter 2025 Financial Results on May 12, 2025

ESTERO, Fla., April 15, 2025 /PRNewswire/ — Hertz Global Holdings, Inc. (NASDAQ: HTZ) (the “Company”) announced today that it plans to report its first quarter 2025 financial results after the market closes on Monday, May 12, 2025 and will host its …
April 15, 2025

Comedian and SNL Superstar Mikey Day Drops Travel Knowledge as ‘The Common Sensei’ in New Dollar Car Rental Ad Campaign

Day Offers Witty, No-Nonsense Tips to Simplify Travel & Car Rental ESTERO, Fla., April 7, 2025 /PRNewswire/ — Dollar Car Rental, a leading rental car provider, is excited to announce the launch of its latest campaign featuring renowned comedian, imp…
April 7, 2025

Tom Brady Gets A New Job: Hertz Car Salesman

Brady Plays Used Car Salesman in New Hertz Ad Offering Chance to Win Cadillac XT5 ESTERO, Fla., March 4, 2025 /PRNewswire/ — Hertz, one of the world’s leading car rental companies, is teaming up with Tom Brady once again to share that Hertz is also …
March 4, 2025

HERTZ REPORTS FOURTH QUARTER AND FULL YEAR 2024 RESULTS

“Our focus in 2024 was stabilizing the business and implementing fundamental changes to transform our company,” said Gil West, Hertz CEO. “With our new leadership team and organizational structure in place, we are well positioned to execute our strat…
February 13, 2025

Hertz Global Holdings, Inc. to Announce Fourth Quarter and Full Year 2024 Financial Results on February 13, 2025

ESTERO, Fla., Jan. 2, 2025 /PRNewswire/ — Hertz Global Holdings, Inc. (NASDAQ: HTZ) (the “Company”) announced today that it plans to report its fourth quarter and full year 2024 financial results at 8:00 a.m. ET on Thursday, February 13, 2025, follo…
January 2, 2025
Hertz Logo

Hertz Strengthens Executive Team with Two Key Leadership Appointments

ESTERO, Fla., Dec. 30, 2024 /PRNewswire/ — Hertz Global Holdings, Inc. (NASDAQ: HTZ) – one of the leading global car rental companies – today announced two appointments to its leadership team, with Chris Berg joining the company as Executive Vice Pr…
December 30, 2024

Hertz Announces Receipt of Requisite Consents from Holders to Amend its 12.625% First Lien Senior Secured Notes Due 2029 and 8.000% Exchangeable Senior Second-Lien PIK Notes due 2029 and Expiration of Consent Solicitations

ESTERO, Fla., Dec. 13, 2024 /PRNewswire/ — Hertz Global Holdings, Inc. (NASDAQ: HTZ) (“Hertz” or the “Company”), a leading global rental car company, today announced that its wholly-owned indirect subsidiary, The Hertz Corporation (“Hertz Corp.”), r…
December 13, 2024

Hertz Announces Pricing of $500 Million of Additional First Lien Senior Secured Notes Offering

ESTERO, Fla., Dec. 5, 2024 /PRNewswire/ — Hertz Global Holdings, Inc. (NASDAQ: HTZ) (“Hertz” or the “Company”), a leading global rental car company, today announced that its wholly-owned indirect subsidiary, The Hertz Corporation (“Hertz Corp.”), ha…
December 5, 2024

Hertz Announces Consent Solicitations to Amend its 12.625% First Lien Senior Secured Notes Due 2029 and 8.000% Exchangeable Senior Second-Lien PIK Notes due 2029

ESTERO, Fla., Dec. 5, 2024 /PRNewswire/ — Hertz Global Holdings, Inc. (NASDAQ: HTZ) (“Hertz” or the “Company”), a leading global rental car company, today announced that its wholly-owned indirect subsidiary, The Hertz Corporation (“Hertz Corp.”), wi…
December 5, 2024

Hertz Announces Offering of $500 Million of Additional First Lien Senior Secured Notes

ESTERO, Fla., Dec. 5, 2024 /PRNewswire/ — Hertz Global Holdings, Inc. (NASDAQ: HTZ) (“Hertz” or the “Company”), a leading global rental car company, today announced that its wholly-owned indirect subsidiary, The Hertz Corporation (“Hertz Corp.”), in…
December 5, 2024

Hertz Global Holdings, Inc. to Announce Third Quarter 2024 Financial Results on November 12, 2024

ESTERO, Fla., Nov. 4, 2024 /PRNewswire/ — Hertz Global Holdings, Inc. (NASDAQ: HTZ) (the “Company”) announced today that it plans to report its third quarter 2024 financial results at 8:00 a.m. ET on Tuesday, November 12, 2024, followed by an earnin…
November 4, 2024
Hertz Logo

Hertz Helps Drive the Vote this Election Day with One Free Rental Day with a Two+ Day Rental

ESTERO, Fla., Oct. 21, 2024 /PRNewswire/ — Continue Reading Hertz (PRNewsfoto/Hertz Global Holdings, Inc.) What: Today, Hertz (NASDAQ: HTZ) announced that it is helping citizens in communities across the nation get to the polls with its Free Day o…
October 21, 2024

Hertz Announces Lauren Fritts as Senior Vice President and Chief Communications Officer

ESTERO, Fla., Sept. 19, 2024 /PRNewswire/ — Hertz Global Holdings, Inc. (NASDAQ: HTZ) – one of the leading global car rental companies – today announced that Lauren Fritts will join the company as Senior Vice President and Chief Communications Offic…
September 19, 2024

Hertz Further Strengthens Board with 2 New Members

ESTERO, Fla., Aug. 27, 2024 /PRNewswire/ — Hertz Global Holdings, Inc. (NASDAQ: HTZ) – one of the leading global rental car companies – announced that its Board of Directors is increasing the size of the Board from nine to 11 and is electing Mr. Fra…
August 27, 2024

Hertz Strengthens Leadership Team with Key Executive Appointments

ESTERO, Fla., July 8, 2024 /PRNewswire/ — Hertz Global Holdings, Inc. (NASDAQ: HTZ) (“Hertz” or the “Company”), a leading global rental car company, today announced key appointments that will strengthen its leadership team and sharpen the Company’s …
July 8, 2024

Hertz Global Holdings, Inc. to Announce Second Quarter 2024 Financial Results on August 1st

ESTERO, Fla., July 1, 2024 /PRNewswire/ — Hertz Global Holdings, Inc. (NASDAQ: HTZ) (the “Company”) announced today that it plans to report its second quarter 2024 financial results at 8:00 a.m. ET on Thursday, August 1, 2024, followed by an earning…
July 1, 2024

Hertz Announces Upsize and Pricing of $1 Billion Offerings

Comprised of $750 Million of First Lien Senior Secured Notes and $250 Million of Exchangeable Senior Second-Lien Secured PIK Notes Issued by The Hertz Corporation ESTERO, Fla., June 21, 2024 /PRNewswire/ — Hertz Global Holdings, Inc. (NASDAQ: HTZ) (…
June 21, 2024

Hertz Announces Committed Offerings Totaling $750 Million

Comprised of $500 Million of First Lien Senior Secured Notes and $250 Million of Exchangeable Senior Second-Lien Secured PIK Notes Issued by The Hertz Corporation ESTERO, Fla., June 20, 2024 /PRNewswire/ — Hertz Global Holdings, Inc. (NASDAQ: HTZ) (…
June 20, 2024

Hertz Announces Appointment of Scott M. Haralson as Chief Financial Officer

ESTERO, Fla., June 3, 2024 /PRNewswire/ — Hertz Global Holdings, Inc. (NASDAQ: HTZ) (“Hertz”, “Hertz Global” or the “Company”), a leading global rental car company, today announced the appointment of Scott M. Haralson as Chief Financial Officer, joi…
June 3, 2024

HERTZ REPORTS FIRST QUARTER 2024 RESULTS

“Fleet and direct operating costs weighed on this quarter’s performance,” said Gil West, Hertz chief executive officer. “We’re tackling both issues – getting to the right supply of vehicles at an acceptable capital cost while at the same time driving…
April 25, 2024

Hertz Global Holdings, Inc. to Announce First Quarter 2024 Financial Results on April 25th

ESTERO, Fla., April 8, 2024 /PRNewswire/ — Hertz Global Holdings, Inc. (NASDAQ: HTZ) (the “Company”) announced today that it plans to report its first quarter 2024 financial results at approximately 7:30 a.m. ET on Thursday, April 25, 2024 followed …
April 8, 2024

Hertz Announces Appointment of Gil West as Chief Executive Officer as Stephen Scherr Steps Down as CEO of the Company

Transportation veteran to focus on operationally-driven revenue and EBITDA growth ESTERO, Fla., March 15, 2024 /PRNewswire/ — Hertz Global Holdings, Inc. (NASDAQ: HTZ), a leading global rental car company, today announced that Gil West, former Chief…
March 15, 2024

HERTZ REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS

“Our business benefitted from solid demand and a stable rate environment in the fourth quarter,” said Stephen Scherr, Hertz chair and chief executive officer. “Nevertheless, we continued to face headwinds related to our electric vehicle fleet and oth…
February 6, 2024

Hertz Global Holdings, Inc. to Announce Fourth Quarter 2023 Financial Results on February 6th

ESTERO, Fla., Jan. 11, 2024 /PRNewswire/ — Hertz Global Holdings, Inc. (NASDAQ: HTZ) (the “Company”) announced today that it plans to report its fourth quarter 2023 financial results at approximately 7:30 a.m. ET on Tuesday February 6, 2024 followed…
January 11, 2024

Hertz Global Holdings, Inc. to Announce Third Quarter 2023 Financial Results on October 26th

ESTERO, Fla., Oct. 3, 2023 /PRNewswire/ — Hertz Global Holdings, Inc. (NASDAQ: HTZ) (the “Company”) announced today that it plans to report its third quarter 2023 financial results at approximately 7:30 a.m. ET on Thursday, October 26, 2023 followed…
October 3, 2023

Hertz Announces Departure of Paul Stone; Search For New Chief Operating Officer Underway

ESTERO, Fla., Sept. 13, 2023 /PRNewswire/ — Hertz Global Holdings, Inc. (Nasdaq: HTZ) today announced that Paul Stone, Chief Operations Officer and President, will step down from his role effective September 30, 2023, to pursue opportunities in the …
September 13, 2023

HERTZ REPORTS SECOND QUARTER 2023 RESULTS: REVENUE OF $2.4 BILLION, NET INCOME OF $139 MILLION AND ADJUSTED CORPORATE EBITDA OF $347 MILLION

“Results for the second quarter were strong, reflecting continued high demand for our services and elevated levels of fleet utilization,” said Stephen Scherr, Chair and CEO of Hertz. “Our focus on asset returns continues to yield tangible results, en…
July 27, 2023

Hertz Names Alexandra Brooks as Chief Financial Officer

Kelly Galloway appointed to Chief Accounting Officer ESTERO, Fla., July 26, 2023 /PRNewswire/ — Hertz Global Holdings, Inc. (NASDAQ: HTZ) today announced that Alexandra Brooks, the company’s interim Chief Financial Officer since April 2023 and Chief…
July 26, 2023

Hertz Global Holdings, Inc. to Announce Second Quarter 2023 Financial Results on July 27th

ESTERO, Fla., July 5, 2023 /PRNewswire/ — Hertz Global Holdings, Inc. (NASDAQ: HTZ) (the “Company”) announced today that it plans to report its second quarter 2023 financial results at approximately 7:30 a.m. ET on Thursday, July 27, 2023 followed b…
July 5, 2023

Tom Brady Reveals All in “Electrifying” New Hertz Ads Featuring Yvonne Orji

Hertz extends its partnership with the seven-time Super Bowl champion through 2024 ESTERO, Fla., May 22, 2023 /PRNewswire/ — Tom Brady is holding nothing back from the cameras while appearing on the “Hertz. Let’s Go Show,” which is hosted by actress…
May 22, 2023

Hertz and Mayor Dyer Launch “Hertz Electrifies Orlando”

Hertz and City of Orlando Launch Partnership to Expand Electric Vehicle Rentals, EV Charging Infrastructure and Education and Training Opportunities ORLANDO, Fla., May 11, 2023 /PRNewswire/ — Hertz (NASDAQ: HTZ) chair and CEO Stephen Scherr and Orla…
May 11, 2023

HERTZ REPORTS FIRST QUARTER 2023 RESULTS: REVENUE OF $2.0 BILLION, NET INCOME OF $196 MILLION AND ADJUSTED CORPORATE EBITDA OF $237 MILLION

“Hertz posted strong results in the first quarter, reflecting continued growth in demand across all customer segments and sustained pricing both in the U.S. and abroad,” said Stephen Scherr, Hertz chair and chief executive officer. “Our continued inv…
April 27, 2023

Hertz and Mayor Dickens Launch “Hertz Electrifies Atlanta”

Hertz and City of Atlanta Launch Partnership to Expand Electric Vehicle Rentals, EV Charging Infrastructure and Education and Training Opportunities ATLANTA, April 19, 2023 /PRNewswire/ — Hertz (NASDAQ: HTZ) chair and CEO Stephen Scherr and Mayor of…
April 19, 2023

Hertz Global Holdings, Inc. to Announce First Quarter 2023 Financial Results on April 27th

ESTERO, Fla., April 3, 2023 /PRNewswire/ — Hertz Global Holdings, Inc. (NASDAQ: HTZ) (the “Company”) announced today that it plans to report its first quarter 2023 financial results at approximately 7:30 a.m. ET on Thursday, April 27, 2023 followed …
April 3, 2023

Hertz Announces Departure of Chief Financial Officer

ESTERO, Fla., March 27, 2023 /PRNewswire/ — Hertz Global Holdings, Inc. (Nasdaq: HTZ) today announced that it has appointed Alexandra Brooks, its Chief Accounting Officer, as interim Chief Financial Officer effective April 1, 2023. Ms. Brooks will r…
March 27, 2023
Hertz Logo

Hertz, Mayor Turner and Evolve Houston Launch “Hertz Electrifies Houston”

The Hertz Corporation. (PRNewsfoto/Hertz) bp logo Hertz aims to add EVs to Houston fleet and support bp’s installation of a publicly accessible EV fast-charging hub at the Hertz location at Houston Hobby Airport HOUSTON, March 7, 2023 /PRNewswire/ -…
March 7, 2023

Hertz Launches “Hertz Electrifies” in Denver

Partnership with Montbello Career and Technical High School Jumpstarts Training for Jobs of the Future DENVER, March 3, 2023 /PRNewswire/ — Hertz (NASDAQ: HTZ) Chair and CEO Stephen Scherr and Denver Mayor Michael Hancock launched Hertz Electrifies …
March 3, 2023

HERTZ REPORTS STRONG FOURTH QUARTER AND RECORD FULL YEAR 2022 NET INCOME AND ADJUSTED CORPORATE EBITDA

“Our strong results in the fourth quarter and record performance last year reflect a commitment to customers – from leisure and corporate travelers to ride share drivers. With a focus on asset return and risk management, we showed better operating pe…
February 7, 2023

Hertz and AAA Ready to Ignite the Next Chapter of Longstanding Partnership

The two marquee brands celebrate 45 years of partnership and look toward the future with new five-year agreement ESTERO, Fla. and ORLANDO, Fla., Jan. 25, 2023 /PRNewswire/ — Hertz, one of the most recognized vehicle rental companies around the globe…
January 25, 2023

HERTZ ANNOUNCES CHANGES TO ITS BOARD OF DIRECTORS

Michael Gregory (Greg) O’Hara to Step Down; CEO Stephen Scherr Appointed Board Chair; Fran Bermanzohn and Jeff Nedelman Join ESTERO, Fla., Jan. 18, 2023 /PRNewswire/ — Hertz Global Holdings, Inc. (NASDAQ: HTZ) announced today certain changes to the …
January 18, 2023

Hertz Global Holdings, Inc. to Announce Fourth Quarter 2022 Financial Results on February 7

ESTERO, Fla., Jan. 5, 2023 /PRNewswire/ — Hertz Global Holdings, Inc. (NASDAQ: HTZ) (the “Company”) announced today that it plans to report its fourth quarter 2022 financial results at approximately 7:30 a.m. ET on Tuesday, February 7, 2023 followed…
January 5, 2023

HERTZ NAMES WAYNE DAVIS AS CHIEF MARKETING OFFICER

ESTERO, Fla., Dec. 8, 2022 /PRNewswire/ — Hertz Global Holdings Inc. (NASDAQ: HTZ) announced today that veteran marketing and sales executive Wayne Davis will join the company as Executive Vice President, Chief Marketing Officer (CMO), effective Jan…
December 8, 2022
Hertz Logo

Hertz Announces Settlement Agreements Related to Past Legal Claims

ESTERO, Fla., Dec. 5, 2022 /PRNewswire/ — Hertz Global Holdings, Inc. (NASDAQ: HTZ) today announced the settlement of 364 pending claims relating to vehicle theft reporting, bringing resolution to more than 95% of its pending theft reporting claims….
December 5, 2022

HERTZ REPORTS THIRD QUARTER 2022 RESULTS: REVENUE OF $2.5 BILLION, NET INCOME OF $577 MILLION, ADJUSTED CORPORATE EBITDA OF $618 MILLION, OPERATING CASH FLOW OF $932 MILLION AND ADJUSTED FREE CASH FLOW OF $505 MILLION

“Hertz posted another quarter of solid performance, reflecting overall strength in our business and continued demand for our services across all customer segments,” said Stephen Scherr, Hertz chief executive officer. “I am enormously proud of the per…
October 27, 2022
Hertz Logo

Hertz Partners with Palantir to Drive Operational Excellence and Enhance Customer Experience

The Hertz Corporation. (PRNewsfoto/Hertz) Palantir logo ESTERO, Fla. and DENVER, Oct. 19, 2022 /PRNewswire/ — Hertz (NASDAQ: HTZ) and Palantir Technologies Inc. (NYSE: PLTR, “Palantir”), a leading builder of operating systems for the modern enterpr…
October 19, 2022

Hertz Global Holdings, Inc. to Announce Third Quarter 2022 Financial Results on October 27

ESTERO, Fla., Oct. 6, 2022 /PRNewswire/ — Hertz Global Holdings, Inc. (NASDAQ: HTZ) (the “Company”) announced today that it plans to report its third quarter 2022 financial results at approximately 7:30 a.m. ET on Thursday, October 27, 2022 followed…
October 6, 2022
Hertz Logo

Hertz, bp collaborate to accelerate EV charging in North America

The Hertz Corporation. (PRNewsfoto/Hertz) bp logo Hertz, bp collaborate to accelerate EV charging in North America Hertz and bp pulse plan to install a national network of EV charging solutions for Hertz and its customers, powered by bp pulse Compa…
September 27, 2022

HERTZ REPORTS SECOND QUARTER RESULTS: REVENUE OF $2.3 BILLION, NET INCOME OF $940 MILLION, ADJUSTED CORPORATE EBITDA OF $764 MILLION, OPERATING CASH FLOW OF $708 MILLION AND ADJUSTED FREE CASH FLOW OF $484 MILLION

“Our second quarter results were impressive and position us well for the peak summer season,” said Stephen Scherr, Hertz chief executive officer. “We produced record Adjusted Corporate EBITDA and adjusted free cash flow, taking advantage of positive …
July 28, 2022

Hertz Global Holdings, Inc. to Announce Second Quarter 2022 Financial Results on July 28

ESTERO, Fla., July 5, 2022 /PRNewswire/ — Hertz Global Holdings, Inc. (NASDAQ: HTZ) (the “Company”) announced today that it plans to report its second quarter 2022 financial results at approximately 7:30 a.m. ET on Thursday, July 28, 2022 followed b…
July 5, 2022

Hertz Sponsors New Porsche Racecar to Compete in 2023 FIA World Endurance Championship

ESTERO, Fla. and LONDON, June 25, 2022 /PRNewswire/ — Hertz announced today it is sponsoring a new Porsche racecar to compete in the 2023 FIA World Endurance Championship (WEC) which includes the legendary 24 Hours of Le Mans race. Hertz will serve …
June 25, 2022

Hertz Announces new $2.0 Billion Share Repurchase Program

ESTERO, Fla., June 15, 2022 /PRNewswire/ — Hertz Global Holdings, Inc. (NASDAQ: HTZ) (“Hertz” or the “Company”) today announced that its Board of Directors approved a new $2.0 billion share repurchase program. The new authorization is in addition to…
June 15, 2022

Hertz Announces Liz Bowyer as Executive Vice President of Corporate Affairs

ESTERO, Fla., June 1, 2022 /PRNewswire/ — Hertz (NASDAQ: HTZ) today announced that Liz Bowyer has joined the company as executive vice president of corporate affairs, effective June 1. Bowyer will be responsible for Hertz’s strategic approach to com…
June 1, 2022

Hertz to Participate in a Fireside Chat at the Goldman Sachs Travel and Leisure Conference

ESTERO, Fla., May 26, 2022 /PRNewswire/ — Hertz Global Holdings, Inc. (NASDAQ: HTZ) (“Hertz” or the “Company”) announced today that its Chief Executive Officer, Stephen Scherr, will participate in a fireside chat at the following conference: Goldman…
May 26, 2022

Hertz and Shelby American Announce Three-Year Custom Car Partnership Beginning with Exclusive 2022 Shelby Mustang Models

For the first time in history, consumers will be able to rent a special Mustang Shelby GT500-H with 900+ horsepower via Hertz at select airport locations New models combine Shelby’s legendary performance with rental car giant Hertz to create limited-…
May 10, 2022

Hertz Celebrates Grads by Waiving Young Renter Fee

For the first time ever, grads under 25 drive young renter fee-free for everything from post-graduation road trips in a sporty coupe to relocating for their next chapter in a brand-new box truck ESTERO, Fla., May 2, 2022 /PRNewswire/ — To celebrate …
May 2, 2022

HERTZ REPORTS FIRST QUARTER REVENUE OF $1.8 BILLION, NET INCOME OF $426 MILLION AND ADJUSTED CORPORATE EBITDA OF $614 MILLION

“Hertz produced a very strong first quarter,” said Stephen Scherr, Hertz chief executive officer. “Our team delivered on behalf of customers amidst strong demand, reflecting a sharp rebound in travel. We experienced high volumes and sustained pricing…
April 27, 2022
AWS Logo

Hertz Selects AWS to Accelerate Digital Customer Experience and Sustainable Mobility

ESTERO, Fla., April 25, 2022 /PRNewswire/ — Hertz (NASDAQ: HTZ) today announced a collaboration with Amazon Web Services, Inc. (AWS) to modernize and digitize the Hertz customer experience and key components of its new mobility platform including en…
April 25, 2022

Hertz Announces Colleen Batcheler as New General Counsel

Current General Counsel M. David Galainena announces retirement ESTERO, Fla., April 14, 2022 /PRNewswire/ — Hertz (NASDAQ: HTZ) today announced that Colleen Batcheler will join the company as executive vice president, general counsel and secretary, …
April 14, 2022

Hertz Global Holdings, Inc. to Announce First Quarter 2022 Financial Results on April 27

ESTERO, Fla., April 7, 2022 /PRNewswire/ — Hertz Global Holdings, Inc. (NASDAQ: HTZ) (the “Company”) announced today that it plans to report its first quarter 2022 financial results at approximately 4:00 p.m. ET on Wednesday, April 27 followed by an…
April 7, 2022

Hertz and Polestar Announce Global Strategic Partnership to Accelerate Electric Vehicle Adoption

Hertz to purchase up to 65,000 electric vehicles over five years ESTERO, Fla. and GOTHENBURG, Sweden, April 4, 2022 /PRNewswire/ — Hertz (NASDAQ: HTZ) and Polestar, the Swedish premium electric performance car maker, today announced a new global par…
April 4, 2022

Hertz Global Holdings Announces Pricing of Private Offerings in the Aggregate Amount of $1.41 Billion Medium Term Rental Car Asset Backed Notes

ESTERO, Fla., March 25, 2022 /PRNewswire/ — Hertz Global Holdings, Inc. (NASDAQ: HTZ) (the “Company”) announced today that Hertz Vehicle Financing III LLC (“HVF III”), a wholly-owned, special-purpose and bankruptcy remote subsidiary of The Hertz Cor…
March 25, 2022

Hertz Global Holdings Announces Proposed Private Offerings in the Aggregate Amount of $1.15 Billion Medium Term Rental Car Asset Backed Notes

ESTERO, Fla., March 22, 2022 /PRNewswire/ — Hertz Global Holdings, Inc. (NASDAQ: HTZ) (the “Company”) announced today that Hertz Vehicle Financing III LLC (“HVF III”), a wholly-owned, special-purpose and bankruptcy remote subsidiary of The Hertz Cor…
March 22, 2022

HERTZ GLOBAL HOLDINGS REPORTS FOURTH QUARTER AND FULL YEAR 2021 RESULTS – Quarterly revenues of $1.9 billion – Quarterly Company GAAP net loss of $260 million, or $1.52 loss per share; Adjusted net income of $426 million, primarily excluding a $643 million non-cash remeasurement expense associated with the Company’s public warrants – Record fourth quarter Adjusted Corporate EBITDA of $628 million and Adjusted Corporate EBITDA Margin of 32% – Quarterly operating cash flow of $598 million and Adjusted operating cash flow of $573 million – Full year GAAP loss per share of $0.27; Adjusted earnings per share of $4.39 – Full year Company GAAP net income of $366 million – Record full year Adjusted Corporate EBITDA of $2.1 billion – Corporate liquidity of $3.2 billion at December 31st, including $2.3 billion in unrestricted cash – Company repurchased 48 million common shares since Nasdaq listing through February 17, 2022 – Stephen Scherr named permanent CEO effective February 28, 2022

ESTERO, Fla., Feb. 23, 2022 /PRNewswire/ — Hertz Global Holdings, Inc. (NASDAQ: HTZ) (“Hertz”, “Hertz Global” or the “Company”) today reported results for its fourth quarter and full year 2021. For the fourth quarter 2021, the Company generated tota…
February 23, 2022

HERTZ EXPANDS GLOBAL ELECTRIC VEHICLE COMMITMENT WITH NEW UFODRIVE PARTNERSHIP UFODRIVE raises $19 million in Series A funding, co-led by Hertz and Certares, in partnership with Knighthead Capital, along with participation from existing shareholders

ESTERO, Fla. and LONDON, Feb. 15, 2022 /PRNewswire/ — Hertz today is announcing an investment in UFODRIVE – the leading self-service electric vehicle rental company and eMobility service provider in Europe – as part of Hertz’s commitment to lead the…
February 15, 2022

Hertz Names Stephen M. Scherr as Chief Executive Officer Former CFO of Goldman Sachs joins Company to lead its transformation and growth

ESTERO, Fla., Feb. 4, 2022 /PRNewswire/ — Hertz announced today that it has named Stephen M. Scherr as Chief Executive Officer to lead the iconic rental car company as it helps shape the next era in global mobility and travel. Continue Reading Her…
February 4, 2022

Hertz Global Holdings, Inc. to Announce Fourth Quarter 2021 Financial Results on February 23

ESTERO, Fla., Jan. 13, 2022 /PRNewswire/ — Hertz Global Holdings, Inc. (NASDAQ: HTZ) (the “Company”) announced today that it plans to report its fourth quarter 2021 financial results at approximately 4:00 p.m. ET on Wednesday, February 23 followed b…
January 13, 2022

Hertz Announces Final Results of Its Cash Tender Offer to Purchase Its Outstanding Series A Preferred Stock and Related Consent Solicitation

ESTERO, Fla., Dec. 22, 2021 /PRNewswire/ — Hertz Global Holdings, Inc. (NASDAQ: HTZ) (“Hertz” or the “Company”) today announced the final results of its tender offer (the “Offer”) to purchase all of its outstanding Series A Preferred Stock, par valu…
December 22, 2021

Hertz Announces $2.0 Billion Share Repurchase Program

ESTERO, Fla., Nov. 29, 2021 /PRNewswire/ — Hertz Global Holdings, Inc. (NASDAQ: HTZ) (“Hertz” or the “Company”) today announced that its Board of Directors has authorized a share repurchase program of up to $2.0 billion of the Company’s outstanding …
November 29, 2021

Hertz Announces Commencement of Cash Tender Offer to Purchase All of Its Outstanding Series A Preferred Stock and Consent Solicitation

ESTERO, Fla., Nov. 23, 2021 /PRNewswire/ — Hertz Global Holdings, Inc. (NASDAQ: HTZ) (“Hertz” or the “Company”) announced that it is commencing today a tender offer to purchase all of its outstanding Series A Preferred Stock, par value $0.01 per sha…
November 23, 2021

Hertz Announces Pricing of $1.5 Billion Private Offering of Senior Notes by The Hertz Corporation

ESTERO, Fla., Nov. 17, 2021 /PRNewswire/ — Hertz Global Holdings, Inc. (NASDAQ: HTZ) (“Hertz” or the “Company”) today announced that its wholly-owned indirect subsidiary, The Hertz Corporation (“Hertz Corp.”), has entered into an agreement to sell $…
November 17, 2021

Hertz Announces Proposed $1.5 Billion Private Offering of Senior Notes by The Hertz Corporation

ESTERO, Fla., Nov. 17, 2021 /PRNewswire/ — Hertz Global Holdings, Inc. (NASDAQ: HTZ) (“Hertz” or the “Company”) today announced that its wholly-owned indirect subsidiary, The Hertz Corporation (“Hertz Corp.”), intends to offer $1.5 billion aggregate…
November 17, 2021

Hertz Announces Pricing of Upsized Public Offering of Common Stock by Selling Stockholders

ESTERO, Fla., Nov. 8, 2021 /PRNewswire/ — Hertz Global Holdings, Inc. (OTCPK:HTZZ) (“Hertz” or the “Company”) announced today the pricing of an upsized public offering of 44,520,000 shares of its common stock by certain stockholders of Hertz at a pr…
November 8, 2021

Hertz Announces Launch of Public Offering of Common Stock by Selling Stockholders and Repurchase of Common Stock

ESTERO, Fla., Nov. 3, 2021 /PRNewswire/ — Hertz Global Holdings, Inc. (OTCPK:HTZZ) (“Hertz” or the “Company”) announced today that it has launched a public offering of its common stock by certain stockholders of Hertz. The selling stockholders are o…
November 3, 2021

Hertz Global Holdings Reports Strong Quarterly Results – Total revenues of $2.2 billion, up 19% from second quarter 2021 – Net income of $605 million, or $1.13 per diluted share – Company reports records for both Adjusted Corporate EBITDA of $860 million and Adjusted Corporate EBITDA Margin of 39% – Corporate liquidity of $3.8 billion at September 30th, including $2.7 billion in unrestricted cash, compared to $3.0 billion at second quarter-end – Company recently announced transformative initiatives with Tesla, Uber, and Carvana, positioning Hertz to play a central role in the modern mobility ecosystem – Hertz continues to build strong momentum since emergence with a focus on technology investments to reimagine the customer experience and optimize revenue

ESTERO, Fla., Oct. 28, 2021 /PRNewswire/ — Hertz Global Holdings, Inc. (OTCPK: HTZZ; OTCPK: HTZZW) (“Hertz”, “Hertz Global” or the “Company”) today announced financial results for the third quarter of 2021. For the third quarter 2021, the Company ge…
October 28, 2021

Hertz Partners with Uber to Add Up to 50,000 Teslas to Uber Network by 2023 Hertz to Provide Drivers with Tesla Electric Vehicle Rentals

ESTERO, Fla. and SAN FRANCISCO, Oct. 27, 2021 /PRNewswire/ — Hertz and Uber (NYSE: UBER) today are accelerating the adoption of electric vehicles (EVs) in the U.S. through a new exclusive partnership to make up to 50,000 Teslas available by 2023 for…
October 27, 2021

Hertz and Carvana Partner to Boost Online Sales

ESTERO, Fla. and PHOENIX, Oct. 27, 2021 /PRNewswire/ — Hertz and Carvana today announced a way for customers to save time and money through online car buying and shopping. The two are partnering nationally – following a pilot in September – to enabl…
October 27, 2021

Hertz Global Holdings, Inc. to Announce Third Quarter 2021 Financial Results on October 28

ESTERO, Fla., Oct. 20, 2021 /PRNewswire/ — Hertz Global Holdings, Inc. (OTCPK: HTZZ; OTCPK: HTZZW) (the “Company”) announced today that it plans to report its third quarter 2021 financial results before market opening on Thursday, October 28 and wil…
October 20, 2021

Hertz Files Registration Statement for Public Offering of Common Stock by Selling Stockholders

ESTERO, Fla., Oct. 15, 2021 /PRNewswire/ — Hertz Global Holdings, Inc. (OTCPK:HTZZ) (“Hertz” or the “Company”) announced today that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (“SEC”) relating t…
October 15, 2021

Hertz Announces Appointment Of Evelina Vougessis Machas To Its Board Of Directors

ESTERO, Fla., Oct. 6, 2021 /PRNewswire/ — Hertz Global Holdings, Inc. announced today that Evelina Vougessis Machas has joined its Board of Directors, effective September 30, 2021. She is an accomplished executive in the European financial industry …
October 6, 2021

Hertz Global Holdings Reports Strong Second Quarter 2021 Financial Results – Total revenues of $1.9 billion up 62% from first quarter 2021, excluding Donlen revenues – Net loss of $168 million including $633 million of reorganization expenses – Adjusted Corporate EBITDA of $639 million for the quarter was a Company record – Corporate liquidity of $3.0 billion at June 30, 2021, including $1.8 billion of unrestricted cash, compared to $1.1 billion at first quarter-end – Hertz emerged from Chapter 11 on June 30, 2021 as a well-capitalized company with the flexibility and resources to pursue exciting new growth opportunities

ESTERO, Fla., Aug. 9, 2021 /PRNewswire/ — Hertz Global Holdings, Inc. (OTCPK: HTZZ; OTCPK: HTZZW) (“Hertz Global” or the “Company”) today announced financial results for the second quarter of 2021. For the second quarter 2021, the Company generated …
August 9, 2021

Hertz Global Holdings, Inc. to Announce Second Quarter 2021 Financial Results on August 9

ESTERO, Fla., Aug. 3, 2021 /PRNewswire/ — Hertz Global Holdings, Inc. (OTCPK: HTZZ; OTCPK: HTZZW) announced today that it plans to report its second quarter 2021 financial results before market opening on Monday, August 9 and will provide pre-record…
August 3, 2021

Hertz Announces Appointment Of Jennifer Feikin To Its Board Of Directors Becomes Hertz’s 9th Board member

ESTERO, Fla., Aug. 2, 2021 /PRNewswire/ — Hertz Global Holdings, Inc. (OTCPK: HTZZ) (“Hertz” or the “Company”) announced today that Jennifer Feikin has joined its Board of Directors, effective July 29, 2021. She is an experienced business leader who…
August 2, 2021

Hertz Announces New Board Of Directors Following Successful Restructuring, Hertz Stronger and Well-Positioned for Long-Term Success

ESTERO, Fla., June 30, 2021 /PRNewswire/ — Hertz Global Holdings, Inc. (OTCPK:HTZGQ) (“Hertz” or the “Company”) announced the composition of its new Board of Directors whose term is effective with the Company’s successful completion of its restructu…
June 30, 2021

Hertz Exits Chapter 11 As A Much Stronger Company Successful Restructuring Provides the Company with Increased Liquidity, a Significantly Deleveraged Balance Sheet and Right-Sized, Efficient Operations Hertz Poised to Capitalize on Travel Rebound and Long-Term Growth Opportunities

ESTERO, Fla., June 30, 2021 /PRNewswire/ — Hertz Global Holdings, Inc. (OTCPK:HTZGQ) (“Hertz” or the “Company”) today announced that it has successfully completed its Chapter 11 restructuring process and has emerged as a financially and operationall…
June 30, 2021

Hertz’s Plan Of Reorganization Confirmed By Bankruptcy Court Creditors to be paid in full and existing shareholders to receive more than $1 billion of value Company on target for June 30, 2021 Chapter 11 exit

ESTERO, Fla., June 10, 2021 /PRNewswire/ — Hertz Global Holdings, Inc. (OTCPK:HTZGQ) (“Hertz” or the “Company”) today announced that the Bankruptcy Court confirmed the Company’s Plan of Reorganization (the “Plan”). The Plan unimpairs all classes of …
June 10, 2021

Hertz Selects $6 Billion Bid From Knighthead, Certares And Apollo To Fund Chapter 11 Exit REVISED PROPOSAL WOULD PAY ALL CREDITORS IN FULL AND PROVIDE SUBSTANTIAL INCREASE IN THE RECOVERY TO SHAREHOLDERS

ESTERO, Fla., May 12, 2021 /PRNewswire/ — Hertz Global Holdings, Inc. (OTCPK:HTZGQ) (“Hertz” or the “Company”) today announced that, following the completion of the auction previously approved by the Court in its Chapter 11 case, Hertz has selected …
May 12, 2021

Hertz Global Holdings Reports First Quarter 2021 Financial Results

ESTERO, Fla., May 7, 2021 /PRNewswire/ — Hertz Global Holdings, Inc. (OTCPK:HTZGQ) (“Hertz Global” or the “Company”) today reported results for its first quarter 2021 with revenue of $1.3 billion, net income attributable to the Company of $190 milli…
May 7, 2021

Hertz Determines Revised Reorganization Proposal From Affiliates Of Knighthead, Certares And Apollo Constitutes A Superior Proposal

ESTERO, Fla., May 5, 2021 /PRNewswire/ — Hertz Global Holdings, Inc. (OTCPK:HTZGQ) (“Hertz” or the “Company”) today announced that it has considered the revised proposal made by affiliates of Knighthead Capital Management LLC, Certares Opportunities…
May 5, 2021

Hertz Selects Equity Sponsor For Its Chapter 11 Exit Decision Has the Support of Holders of Over 85% of the Company’s Unsecured Notes

ESTERO, Fla., April 3, 2021 /PRNewswire/ — Hertz Global Holdings, Inc. (OTCPK:HTZGQ) (“Hertz” or the “Company”) announced today that it has selected an enhanced proposal from Centerbridge Partners, L.P., Warburg Pincus LLC, and Dundon Capital Partne…
April 3, 2021

Hertz Progresses Toward Chapter 11 Exit In Second Quarter Of 2021 As Robust Negotiations Regarding Plan Sponsorship Continue

ESTERO, Fla., March 30, 2021 /PRNewswire/ — Hertz Global Holdings, Inc. (OTCPK:HTZGQ) (“Hertz” or the “Company”) announced today that it has made all of the required court filings in its Chapter 11 case needed to continue the process it initiated at…
March 30, 2021

Hertz’s Laura Smith Honored as a Top 50 Women in Travel

ESTERO, Fla., March 3, 2021 /PRNewswire/ — Laura Smith, Executive Vice President of Sales, Marketing and Customer Experience at Hertz has been honored as a Top 50 Women in Travel by WINiT by GBTA – a network focused on driving positive change for th…
March 3, 2021

Hertz Global Holdings Reaches Key Milestone In Restructuring, Files Plan Of Reorganization And Disclosure Statement Proposed Plan Provides for Knighthead Capital Management and Certares Opportunities LLC to Invest up to $4.2 Billion for Majority Ownership of the Reorganized Hertz Creates a Path to Chapter 11 Emergence with Robust Capital Structure by Early to Mid Summer

ESTERO, Fla., March 2, 2021 /PRNewswire/ — Hertz Global Holdings, Inc. (OTCPK:HTZGQ) (“Hertz” or the “Company”) today announced that it has reached a key milestone in the Company’s Chapter 11 process by filing its proposed Plan of Reorganization (“P…
March 2, 2021

Hertz Global Holdings Reports Fourth Quarter And Full-Year 2020 Results

ESTERO, Fla., Feb. 26, 2021 /PRNewswire/ — Hertz Global Holdings, Inc. (OTCPK: HTZGQ) (“Hertz Global” or the “Company”) today reported results for its fourth quarter and year ended December 31, 2020. For the fourth quarter, the Company’s revenue was…
February 26, 2021

With 2020 Almost in the Rearview Mirror, Hertz Reflects on Year of Safety, Support and Giving Back

ESTERO, Fla., Dec. 18, 2020 /PRNewswire/ — Despite the unprecedented challenges created by COVID-19 this year, Hertz, one of the largest car rental companies in the world, remained focused on caring for its customers and the communities it serves. T…
December 18, 2020

Hertz Global Holdings Reports Third Quarter 2020 Financial Results

ESTERO, Fla., Nov. 9, 2020 /PRNewswire/ — Hertz Global Holdings, Inc. (OTCPK: HTZGQ) (“Hertz Global” or the “Company”) today reported results for its third quarter 2020 with revenue of $1.3 billion, a net loss attributable to the Company of $222 mil…
November 9, 2020

Hertz Global Holdings To Begin Trading On The Over The Counter Bulletin Board Under Ticker Symbol HTZGQ

ESTERO, Fla., Oct. 30, 2020 /PRNewswire/ — Hertz Global Holdings, Inc. (OTC: HTZGQ) today announced that its common stock will start trading exclusively on the over-the-counter market. Stock quotations will be available on the OTC Bulletin Board (Pi…
October 30, 2020