Hertz Global Holdings, Inc. (NYSE: HTZ) is a leading provider of mobility solutions, known primarily for its car rental services under the Hertz, Dollar, and Thrifty brands. The company operates a vast network of airport and off-airport locations, serving both leisure and corporate customers. In addition to traditional passenger vehicles, Hertz offers vans, trucks and specialty vehicles, meeting the diverse travel needs of individual and business clients around the world.
Founded in 1918 by Walter L. Jacobs in Chicago, the business took on the Hertz name after its acquisition by John D. Hertz in 1923. Over the decades, Hertz has expanded through strategic brand acquisitions and global partnerships. In May 2020, the company filed for Chapter 11 bankruptcy protection amid the COVID-19 pandemic but successfully completed its financial restructuring and emerged in mid-2021 with a renewed focus on operational efficiency and growth.
Beyond conventional car rental, Hertz has invested in technology-driven mobility solutions, including its mobile app for seamless reservations, connected-vehicle services, and an electric vehicle fleet that supports corporate sustainability goals. The company also offers subscription programs, car-sharing options, roadside assistance packages, and a loyalty program designed to reward frequent renters with perks and upgrades.
With operations spanning more than 150 countries and territories, Hertz continually refines its service offerings to adapt to shifting travel trends. Governed by an independent board of directors and managed by an experienced leadership team, the company remains focused on delivering value through innovation, customer experience and a diverse global footprint.
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