Hertz Corp.

Hertz adjusts fleet, eyes more retail lots

12:01 am U.S. ET | March 24, 2014
Hertz Global Holdings has brought its rental fleet closer in line with demand and expects to sell more retired vehicles directly to consumers at company-owned dealerships, CEO Mark Frissora said....
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Hertz right-sizes fleet, expects more used-car sales to consumers

6:12 pm U.S. ET | March 18, 2014
Hertz Global Holdings has trimmed its rental fleet and expects to sell more of those vehicles, when they're retired from service, directly to consumers at company-owned dealerships, its CEO said Tuesday....
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Carl Icahn buys up to 40 million shares of Hertz, report says

3:00 pm U.S. ET | Jan. 3, 2014
Longtime Wall Street investor Carl Icahn bought as many as 40 million shares of stock in rental car giant Hertz Global Holdings Inc., CNBC reported today....
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Hertz shares jump after board adopts 'poison pill' stock plan

8:42 am U.S. ET | Jan. 1, 2014
Hertz Global Holdings rose to a record high after the largest publicly traded rental-car company said it adopted a so-called poison pill upon seeing “unusual and substantial activity” in its stock....
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Hertz will retail more cars, send fewer to auto auctions

12:01 am U.S. ET | Nov. 11, 2013
Hertz Global Holdings Inc. plans at least to double the number of retired rental vehicles it sells to retail shoppers in two years....
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How self-driving cars could transform the rental market

12:01 am U.S. ET | Nov. 4, 2013
Self-driving vehicle technology could one day give new meaning to Enterprise Rent-A-Car's "We'll Pick You Up" tag line....
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Hertz, with too many cars, will reduce fleet gradually

12:01 am U.S. ET | Oct. 7, 2013
Hertz Global Holdings has too many vehicles and will gradually reduce its fleet over the next six months....
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Penske-Hertz deals yield cash, cars

12:01 am U.S. ET | Aug. 5, 2013
Penske Automotive Group Inc. said it gained $15 million in additional revenue in the second quarter from deals with Hertz Corp. that make Penske the exclusive operator of some Hertz rental locations in Memphis, Tenn., and parts of Indiana, including airport locations in Fort Wayne, Indianapolis and South Bend....
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Hertz reports major Q2 gains after acquisition

3:27 pm U.S. ET | July 29, 2013
Weeks after its acquisition of Dollar-Thrifty was approved, Hertz Global Holdings posted sharply higher adjusted net income during the second quarter. The company said its adjusted net income for the quarter was $204.4 million, up 32 percent from last year....
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