Hertz Global Holdings, Inc. operates as a vehicle rental and mobility solutions provider, offering a wide range of transportation services to individual and corporate customers. Through its Hertz, Dollar and Thrifty brands, the company provides daily, weekly and monthly car rentals, as well as long-term leasing, fleet management and dedicated account services. Hertz serves leisure travelers, business clients and government entities with passenger cars, SUVs, vans and specialty vehicles, complemented by digital reservation platforms and roadside assistance offerings.
Founded in 1918 in Chicago by Walter L. Jacobs and later acquired by John D. Hertz in 1926, Hertz has grown into one of the world’s largest car rental businesses. Following decades of network expansion, the company now operates in more than 150 countries and territories across six continents. Its global footprint includes airport locations, off-airport facilities and partnerships with travel agencies, hotels and ride-sharing platforms, supporting both domestic and international travel needs.
In 2020, Hertz navigated significant financial restructuring under Chapter 11 protection in the United States, emerging in mid-2021 with new ownership led by investment firms Knighthead Capital Management and Certares Opportunities. Since the reorganization, Hertz has focused on fleet modernization, sustainability initiatives—including the introduction of electric vehicles—and enhancements to its digital customer experience. The company’s leadership team has emphasized operational efficiency and strategic partnerships aimed at driving long-term growth in the evolving mobility market.
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