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May 8 2018 Download PDF Hertz Global Holdings Reports First Quarter 2018 Financial Results "We entered 2018 a stronger company than one-year ago with positive underlying revenue momentum as our strategies to enhance fleet, customer service and brand value are gaining traction," said Kathryn V. Marinello, president and chief executive officer of Hertz. "At the same time, we have fortified our leadership team and are managing our assets more effectively. The early progress is motivating for our employees and being recognized by our customers. But we still have work to do, reflecting the significant opportunities in front of us, as we position our business for sustainable, long-term growth."
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Industry News

  • Aug 8 2018-Avis Budget Group Reports Str... Revenue grew 4% to a record $2.3 billion in the second quarter
    Significant improvements in per-unit fleet costs and utilization
    Net Income improved to $26 million and Adjusted Net Income increased 84% to $46 million, or $0.57 per diluted share
    Adjusted EBITDA increased 15% to $161 million
    Company authorizes additional $250 million of future share repurchases and updates its full-year projected 2018 results
  • Aug 7 2018-Download PDF Hertz Global Hol... Second Quarter 2018 Compared to Second Quarter 2017:

    Total revenue increased 7%
    Net loss improved by 60%
    Adjusted Corporate EBITDA improved by $58 million
    Highest Q2 U.S. RAC segment revenues since 2014
    Improved trend in U.S. RAC per unit fleet costs continue
  • Jun 22 2018-Latest vehicle recalls... Transport Canada has released its latest vehicle recalls which may affect some GM vehicles.
  • Jun 8 2018-Un-authorized use of Associat... Un-authorized use of Associated Canadian Car Rental Operators (ACCRO) name in marketing materials by a company in Toronto
  • Jun 7 2018-Latest vehicle recalls... Transport Canada has released its latest vehicle recalls which may affect some GM vehicles.
  • Jun 7 2018-Latest vehicle recalls... Transport Canada has released its latest vehicle recalls which may affect some GM vehicles.
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