Hertz Global Holdings Inc. is a leading global car rental company dedicated to providing exceptional mobility solutions to customers worldwide. The company's mission is to deliver outstanding customer service while offering a diverse fleet of vehicles that meet various travel needs. Hertz employs a strategy focused on innovation and technology, enhancing the rental experience through digital platforms and streamlined operations. With a commitment to sustainability, Hertz is also expanding its electric vehicle offerings, aiming to lead the industry in environmentally friendly transportation solutions.

HERTZ GLOBAL HOLDINGS INC

Hertz is in the midst of a significant transformation, undergoing a fleet rotation aimed at completing a major selloff of vehicles by the end of 2025. As of year-end 2024, over 60% of its fleet is expected to be vehicles aged one year or less. The company faced challenges in...

Hertz Implements Major Fleet Overhaul and Sells 30,000 EVs Amid Financial Struggles and Declining Revenue

Hertz is navigating a turbulent transformation, selling off 30,000 EVs as part of a major fleet overhaul amidst significant financial losses. Can the company rebound by aligning its strategy with the growing demand for sustainable transport in a challenging market?