Hertz News
Hertz announces Colleen Batcheler as New General Counsel
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 partner to purchase 65,000 electric vehicles
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.
Hertz confirms Ufodrive electric vehicle partnership
Hertz has confirmed an investment in Ufodrive, a self-service electric vehicle rental company and eMobility service provider in Europe.
Hertz makes major move into electric vehicle market
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.
Breaking Travel News interview: Anil Vernon D’Souza, general manager, Hertz – Iraq
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
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Hertz Italia rolls out premium range ahead of summer season
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 emerges from bankruptcy protection in United States
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.
Hertz Global unveils plans to relaunch this summer
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.
Breaking Travel News interview: Angela Brav, president, international, Hertz
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
Change of financial leadership as Hertz battles back from bankruptcy
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.
Hertz files for bankruptcy protection in the United States
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.
Stone appointed Hertz chief executive
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.