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Hertz Global Holdings, Inc. (formerly The Hertz Corporation), known as Hertz, is an American car rental company based in Estero, Florida. The company operates its namesake Hertz brand, along with the brands Dollar Rent A Car , Firefly Car Rental and Thrifty Car Rental .
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The Hertz Corporation announced the company would purchase of Dollar Thrifty Automotive Group for US$2.3 billion (equivalent to $3 billion in 2023) on November 19, 2012. [ 17 ] As a result of the impact of the COVID-19 pandemic on tourism , on April 30, 2020, Hertz announced that it has missed lease payments on its fleet and was seeking support ...
Between 2016 and 2020, the company spent $1.8 billion into expanding its rental fleet. [23] The company invested between $525 and $575 million into its rental fleet in 2021, [26] and over $1 billion in 2023. [27] During this time, the company's revenue and earnings have increased. Its yearly earnings increased by 28% in 2021, [23] and by 35% in ...
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