Hertz Global Holdings Inc. (NASDAQ: HTZWW) is a leading provider of mobility solutions, operating one of the world’s largest vehicle rental networks. Through its Hertz, Dollar and Thrifty brands, the company offers a full range of car and truck rental services to leisure and business travelers, as well as commercial clients and government agencies. In addition to traditional hourly and daily rentals, Hertz provides long-term leasing, fleet management and vehicle subscription services under its On Demand platform.
Founded in 1918, Hertz has grown into a publicly traded company with a broad portfolio of mobility offerings. Over its century-plus history, Hertz expanded beyond North America into Europe, Latin America, Asia, Australia and Africa. In May 2020, the company filed for Chapter 11 bankruptcy protection amid the global pandemic, and successfully emerged from restructuring in June 2021 with a strengthened balance sheet and new capital commitments.
In its core rental operations, Hertz maintains a modern fleet of cars, SUVs and vans, while its specialty units support equipment rentals for construction and industrial applications. The company also operates a robust used-vehicle sales channel, selling off-lease and rental fleet vehicles through online auctions and dealer partnerships. Hertz’s digital platforms enable customers to manage reservations, choose vehicles and access roadside assistance via mobile app or web portal.
With a presence in more than 150 countries and territories, Hertz serves individual travelers, corporate travel programs and government fleets. Its global footprint comprises thousands of locations at airports, city centers and off-airport sites, positioning the company to capture demand from both domestic and international markets. As Hertz continues to invest in electric vehicle offerings and digital innovations, it aims to deliver seamless, sustainable mobility solutions to customers around the world.
AI Generated. May Contain Errors.
MarketBeat All Access