HTZ

Hertz Global Holdings, Inc. operates as one of the world's largest vehicle rental companies, providing mobility solutions to airport and off-airport locations across North America, Europe, Latin America, Africa, Asia, and Australia. Headquartered in Estero, Florida, the company operates through its Hertz, Dollar, and Thrifty brands, serving both leisure and business travelers as well as the rideshare market. The company manages a fleet of approximately 500,000 vehicles across roughly 10,000 locations worldwide and employs around 25,000 people globally. Hertz generates revenue primarily through daily vehicle rentals at airports and neighborhood locations, while also offering ancillary products including insurance, navigation systems, and refueling services. The company emerged from Chapter 11 bankruptcy in June 2021 under new ownership led by investment firms Knighthead Capital and Certares Management. Following reorganization, Hertz announced an ambitious initiative to electrify its fleet, ordering 100,000 Tesla vehicles in late 2021 and securing additional electric vehicle partnerships with Polestar and General Motors. The company competes directly with Enterprise Holdings and Avis Budget Group in the traditional rental market while also serving the growing mobility-as-a-service sector through partnerships with Uber and other rideshare platforms. Hertz continues to invest in digital customer experiences and fleet optimization to strengthen its competitive position.