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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.
Thrifty Car Rental is an American car rental agency, headquartered in Estero, Florida, with offices in many countries around the world. Thrifty is owned by The Hertz Corporation, along with other agencies including Hertz Rent A Car and Dollar Rent A Car. Thrifty typically caters to budget-conscious leisure travelers.
In 2022, Scherr was hired as CEO of Hertz Car Rental. At Hertz, Scherr significantly expanded Hertz's electric vehicle fleet. In the fourth quarter of 2023, Hertz earnings dropped by $245 million due to depreciation of the value of these cars, as well as repairs costing approximately double what the repairs to a combustion engine would be.
Despite increases in rental car demand, Hertz said it’s been bruised by its fleet of electric vehicles—made up primarily of Teslas—that are unreliable and more costly than their gas-guzzling ...
On average, most car rental companies will only to rent to drivers who are at least 20 or 21 depending on the company. The companies Hertz, Dollar Car Rental, and Thrifty have a minimum age of 20. Alamo, Enterprise, Avis, and all other reputable companies have a minimum age of 21.
Hertz, which commands more than a third of the U.S. car rental business under the Hertz brand and others, is asking $16.9 million for the 200,262-square-foot combined call and data center, which ...
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