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Hertz Dayim Equipment Rental brings large scale power solutions to Saudi Arabia

Hertz Dayim Equipment Rental brings large scale power solutions to Saudi Arabia

17 May 2013 Press Release Car Rental News

The Hertz Corporation has announced that APR Energy and Hertz Dayim Equipment Rental have entered a partnership agreement to develop business for fast-track power solutions in the Kingdom of Saudi Arabia (KSA). The agreement gives Hertz Dayim Equipment Rental, the joint venture between Hertz Equipment Rental Corporation and Dayim Holdings, immediate entry into the lucrative power solutions market within the KSA.

Hertz providing San Antonio with 24/7 vehicle access one year on

Hertz providing San Antonio with 24/7 vehicle access one year on

30 April 2013 Press Release Car Rental News

The Hertz Corporation is pleased to celebrate its one year anniversary of providing San Antonio with 24/7 vehicle access with On Demand technology and announces special promotions through the end of April, including 20% off hourly rates at select locations throughout the city and, in honor of Earth Day, 20% off daily rates on green compact vehicles, EV and hybrid cars.

Hertz Equipment Rental expands into Mongolia

Hertz Equipment Rental expands into Mongolia

25 April 2013 Press Release Car Rental News

The Hertz Corporation has announced that Hertz Equipment Rental Corporation has entered into a franchise agreement with Consolidation Services Inc. through its wholly owned subsidiary Mongolia Equipment Rental Corporation. Consolidation Services will have the exclusive license to provide rental equipment in Mongolia utilising the “Hertz Equipment” brand and proprietary system, starting from a commencement date of July 1, 2013.

Hertz introduces three new Porsche sports cars into its U.S. fleet

Hertz introduces three new Porsche sports cars into its U.S. fleet

22 April 2013 Press Release Car Rental News

The Hertz Corporation, announces it has expanded its line of sports cars available for rent to include the Porsche 911, Boxster, and Cayenne, which join the already-available Porsche Panamera.  With the expansion, consumers in select markets are now able to rent a variety of Porsche vehicles that transform an ordinary trip into an extraordinary journey.

China Auto Rental secures Hertz investment to boost domestic position

China Auto Rental secures Hertz investment to boost domestic position

22 April 2013 Car Rental News

China Auto Rental has announced that USA-based Hertz has agreed to invest in its operations as it continues to build on its position as domestic market leader in short and long-term car rentals. Hertz will acquire a stake of approximately 20 per cent, on a fully diluted basis, in CAR and hold a seat on the board of directors. 

Hertz partners with China Auto Rental

Hertz partners with China Auto Rental

19 April 2013 Press Release Car Rental News

The Hertz Corporation and China Auto Rental (CAR) announced today that Hertz, the global car rental leader, has agreed to invest in CAR, China’s domestic market leader in short and long-term car rentals. Hertz will acquire a stake of approximately 20%, on a fully diluted basis, in CAR and hold a seat on CAR’s Board of Directors.

Hertz launches Arabic car rental website

Hertz launches Arabic car rental website

Hertz and Qatar Airways have announced the introduction of an Arabic language option to their online booking platform, providing Arabic speaking passengers worldwide the ability to book Hertz rental vehicles in their preferred language for the first time. The Arabic option to the fully functioning website, launched in April 2012, is aimed at catering to the growing number of Arabic customers flying with Qatar Airways around the world, who also need onward ground transport once arriving at any one of the 125 destinations that the award-winning carrier flies to.

Hertz kicks off Silicon Valley Connected Car Hackathon

Hertz kicks off Silicon Valley Connected Car Hackathon

18 April 2013 Press Release Travel Events News Car Rental News

The Hertz Corporation and nestGSV, the world’s first ‘ecobator’ (ecosystem + incubator), today announced Hertz’s “Mobility and Connected Car” Hackathon, to be held at nestGSV in Redwood City, CA, Friday, April 19, 2013 and Saturday, April 20, 2013. The weekend of innovation will bring together developers, entrepreneurs, corporate partners, and industry experts throughout Silicon Valley for dynamic collaboration to create mobility solutions that offer customers the fastest, easiest and most valued experience afforded by the most technologically innovative products and services available for business and leisure travel.

Hertz partners with chic outlet shopping villages

Hertz partners with chic outlet shopping villages

14 April 2013 Press Release Car Rental News

The Hertz Corporation, the world’s largest general car use brand, has expanded its partnership portfolio by signing a three year global deal as the preferred car rental supplier for the Collection of nine Chic Outlet Shopping® Villages in Europe by Value Retail. The partnership, which encompasses the nine luxury outlet shopping Villages across Europe, offers American customers exclusive VIP offers and joint promotions including 10% off worldwide car hire

Hertz completes repricing of loan facility

Hertz completes repricing of loan facility

13 April 2013 Press Release Car Rental News

Hertz Global Holdings announced today that its wholly-owned subsidiary, The Hertz Corporation (“Hertz”), has successfully completed a repricing of its currently outstanding $1,372 billion senior secured tranche B term loan facility.  As part of the repricing, the tranche B term loans will be replaced by new tranche B-2 term loans.

Hertz partners with Holiday Holdings

Hertz partners with Holiday Holdings

Hertz Corporation has appointed Holiday Holdings International as its exclusive general sales agent in southern Africa. The new partnership has tasked Holiday Holdings to grow outbound car rental reservations from South Africa, Namibia, Swaziland, Lesotho, Zimbabwe and Botswana to more than 8,800 Hertz locations worldwide in 150 countries.