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Shares of Hertz (HTZ) and Avis Budget Group (CAR) surged on Thursday after US President Donald Trump announced a plan to impose a 25% tariff on imported vehicles. The proposed levies are expected to increase car prices, potentially driving more consumers toward rental services instead of purchasing new vehicles.
Getac's Rugged Technology Deployed by Hertz to Enhance Customer Experience and Streamline Operations
IRVINE, Calif. , March 25, 2025 /PRNewswire/ -- Getac Technology Corporation (Getac), a leading provider of rugged computing and mobile video solutions, today announced that Hertz (NASDAQ: HTZ), one of the world's leading vehicle rental companies, has deployed Getac's rugged hardware and software solutions to enhance customer service.
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 one of the largest used car dealers.
Rental car giant Hertz Global Holdings (HTZ -8.13%) posted fourth-quarter results that fell short of estimates. Investors are looking for the exit ramp, sending Hertz shares down as much as 14% for the day and down 8% as of 2:15 p.m.
While the top- and bottom-line numbers for Hertz Global (HTZ) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
"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 strategy with rigor and at pace.
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.
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 President and Chief Administrative Officer and Doria Holbrook as Executive Vice President Mobility, effective Jan. 1.
Hertz has been contacting people who are in the middle of renting electric vehicles recently to offer them the option to buy the car instead of returning it, reports The Verge. And the offers are pretty sweet, according to some renters who shared the offers on Reddit.
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."), received the requisite consents in its previously announced solicitation of consents ("Consents") to amend (the "Proposed Amendments") certain provisions of the indentures governing its existing 12.625% First Lien Senior Secured Notes due 2029 (the "Initial First Lien Notes") and its 8.000% Exchangeable Senior Second-Lien PIK Notes due 2029 (the "Exchangeable Notes" and, together with the Initial First Lien Notes, the "Existing Notes").