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 Global Holdings Inc. is navigating a challenging period marked by significant financial losses and a strategic fleet rotation aimed at aligning with consumer preferences. As of February 2025, the company reported a net loss of $2.86 billion in 2024, a stark contrast to a profit in 2023, largely attributed...

Hertz Announces Major Fleet Overhaul Amid $2.9 Billion Loss, Shifts Focus Away from Electric Vehicles

Hertz is undergoing a significant transformation as it grapples with a staggering $2.9 billion loss and shifts its fleet strategy away from electric vehicles. Can the company's new focus on operational efficiency and the burgeoning car-sharing market pave the way for a successful recovery?