Enterprise – which already owns the Enterprise Rent-A-Car, National Car Rental and Alamo Rent A Car brands – completed the deal through its Canadian subsidiary.
Hertz has confirmed chief financial officer Jamere Jackson has resigned to pursue a new opportunity. He will remain with Hertz until September 11th to assist in the transition of his responsibilities.
From the comfort of their home or workplace, and at a time that suits the customer, the Europcar service is available throughout summer from only £1 each way.
After a short suspension during the Covid-19 lockdown, Ubeeqo has made its car club vehicles available again. The Europcar Mobility Group-owned company offers coverage across ten boroughs in London.
The car rental giant is seeking chapter 11 protection as it seeks to reorganise its business in the wake of the coronavirus pandemic. Hertz said the impact of Covid-19 on travel demand had been sudden and dramatic, causing an abrupt decline in the revenue.
Hertz has named Paul Stone as chief executive, effective immediately. The decision comes after the company narrowly staved off bankruptcy earlier this month, striking a deal with lenders after missing debt payments.
Uber has announced plans it hopes will reduce operating expenses by US$1 billion this year in response to the economic challenges resulting from the Covid-19 pandemic.
The company has announced the implementation of its Complete Clean Pledge program across the Enterprise Rent-A-Car, National Car Rental and Alamo Rent A Car brands.