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Hertz to stop renting recalled Toyotas

Hertz to stop renting recalled Toyotas

Hertz announced today it will temporarily stop renting vehicles named in Toyota’s voluntary recall.

The Company’s Chairman and Chief Executive Officer Mark P. Frissora said, “We are taking action so there can be no question about the safety of our customers and the cars we rent. We expect these actions will have minimal operational disruptions.”

The Company said it is working closely with Toyota to make necessary repairs as quickly as possible, and that several Toyota models in its rental fleet are not included in the recall.

The Hertz Corporation, a subsidiary of Hertz Global Holdings, Inc., is the world’s largest general use car rental brand operating from approximately 8,100 locations in 145 countries worldwide. Hertz is the number one airport car rental brand in the U.S. and at 42 major airports in Europe, operating both corporate and licensee locations in cities and airports in North America, Europe, Latin America, Asia, Australia and New Zealand. In addition, the Company has licensee locations in cities and airports in Africa and the Middle East. Product and service initiatives such as Hertz #1 Club Gold(R), NeverLost(R) customized, onboard navigation systems, SIRIUS XM Satellite Radio, and unique cars and SUVs offered through the Company’s Prestige, Fun and Green Collections, set Hertz apart from the competition. The Company also operates the global car sharing club, Connect by Hertz, in New York City, Berlin, London, Madrid and Paris. Additionally, Hertz operates one of the world’s largest equipment rental businesses, Hertz Equipment Rental Corporation, offering a diverse line of equipment, including tools and supplies, as well as new and used equipment for sale, to customers ranging from major industrial companies to local contractors and consumers from approximately 330 branches in the United States, Canada, China, France and Spain.