Hertz Global Holdings, Inc. (NASDAQ: HTZ) operates one of the world’s largest vehicle rental networks, serving both leisure and corporate customers. Since its founding in 1918 by Walter Jacobs and acquisition by John D. Hertz in 1923, the company has grown to offer a comprehensive array of mobility solutions, ranging from daily and weekly car rentals to long-term leasing arrangements. Over its century-long history, Hertz has established a reputation for reliability, convenience and a broad selection of vehicle classes, including economy cars, luxury sedans, SUVs and specialty models.
Hertz’s core services encompass airport and neighborhood vehicle rentals, car-sharing through its Hertz 24/7 platform, and equipment rentals via its Hertz Equipment Rental division. The company has increasingly invested in digital capabilities, introducing mobile apps for contactless reservations, keyless pick-up and personalized loyalty programs to enhance customer experience. In recent years, Hertz has also pursued fleet electrification, adding electric and hybrid vehicles to meet growing demand for sustainable travel options.
Operating in over 150 countries across North America, Europe, Latin America, Asia and the Middle East, Hertz leverages a network of company-owned and franchised locations to serve millions of customers annually. Strategic partnerships with travel agencies, airlines and corporate clients further extend its global footprint, while local market teams adapt offerings to regional preferences and regulatory environments.
Under the leadership of President and CEO Stephen M. Scherr, Hertz is focused on driving operational efficiency, enhancing digital channels and accelerating its environmental goals. The company continues to explore innovative mobility solutions and strategic collaborations to maintain its position as an industry leader in vehicle rental and fleet management services.
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