Hertz has announced that Colleen Batcheler will join the company as executive vice president, general counsel and secretary, effective May 20. Batcheler will lead global governance for Hertz, which encompasses legal, compliance and government affairs.
Hertz and Polestar, the Swedish electric performance car maker, have announced a new partnership for the purchase of up to 65,000 electric vehicles (EVs) over five years. Availability is expected to begin in Spring 2022 in Europe and late 2022 in North America and Australia.
As consumer interest in electric vehicles skyrockets, the car rental giant is announcing a significant investment to offer the largest EV rental fleet in North America.
Hertz has been honoured with the title of Iraq’s Leading Car Rental Company at the World Travel Awards. Here Breaking Travel News speaks to general manager, Anil Vernon D’Souza, to find out how it feels to have been honoured by voters from around the globe
Hertz Italia has renewed its premium and Selezione fleet, which offers customers the opportunity to enjoy luxury rentals when visiting the country this summer.
Hertz Global Holdings has successfully completed its chapter 11 restructuring process. The car rental business says it has emerged as a “financially and operationally stronger” company.
Knighthead Capital Management and Certares Opportunities have committed to invest up to $4.2 billion to purchase up to 100 per cent of the common stock of the fallen car rental giant.
As car rental giant Hertz is honoured with a global title at the World Travel Awards, Breaking Travel News here finds out more from president, international, Angela Brav
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.
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.