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The Latest Breaking News from Hertz

Hundreds of Hertz customers say they were accused of bogus theft claims after renting cars – some were even arrested

The troubled car rental giant is facing a lawsuit from 232 people who claim they were falsely accused of stealing vehicles, Io Dodds reports

The Independent UK

Michael Hiltzik: Renting a car from Hertz? You could wind up in jail

Tederhi Usude, a dentist from Santa Clarita, California, rented a car from Hertz in June 2020 to drive to a job at a nonprofit health clinic in rural Mendocino County. He extended the rental several times with Hertz's permission and paid a total of $7,000.

Los Angeles Times

Uber Has an Answer to High Gas Prices (You Won’t Like It)

Uber Has an Answer to High Gas Prices (You Won’t Like It)

Uber has come up with a temporary solution to help its drivers and couriers relieve the impact of high gasoline prices.

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Rental Car Companies Mull Electrification: Reuters

The rental car industry, after a stellar performance boosted by the pandemic, is poised to embrace electrification, Reuters reported. Asian automakers could enter the electric transition, dominated by companies in the west, mainly in the U.S. and Europe. The report quoted Olivier Baldassari, group chief countries, and operations officer at rental…

A car rental company has banned my wife – but compared with some Hertz customers she may have got off lightly

The firm is being sued by hundreds of clients who allege it made false theft reports against them. Hertz has denied it – but could it be another Post Office scandal?

The Guardian - UK

230 Hertz Customers Allege False Arrest Over Rentals Reported Stolen

A recent court ruling revealed that Hertz files an average of 3,365 stolen vehicle reports a year.

What's Going On With Hertz Shares Today?

Hertz Global Holdings Inc (NASDAQ: HTZ) is trading higher Thursday after the company reported fourth-quarter financial results. The stock initially traded lower, but reversed following positive analyst coverage.

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Hertz Invests In UFODRIVE, A Self-Service EV Rental App

Hertz Invests In UFODRIVE, A Self-Service EV Rental App

Hertz has invested in an Irish-led EV rental app that enables users to simply "arrive and drive" with no human interaction.

Hertz drove up my Costa del Sol car rental bill by £339

Hertz drove up my Costa del Sol car rental bill by £339

Staff insisted the policy I already had was invalid and I needed its ‘SuperCover’

The Guardian - UK

Tesla Customer Hertz Backs EV Car Rental Startup Ufodrive In $19M Funding Round

Tesla Customer Hertz Backs EV Car Rental Startup Ufodrive In $19M Funding Round

Car rental firm Hertz Global Holdings Inc (NASDAQ: HTZ) is a leading investor in Europe’s online, all-electric car rental startup Ufodrive.

Hertz accuses thousands of car renters of theft, court papers show

Hertz Corp., facing lawsuits from hundreds of car renters who say they were falsely arrested for auto theft, files thousands of related criminal complaints each year against customers, according to claims in newly released court documents.

Tribune News Service

Is Hertz a Buy Under $20?

Is Hertz a Buy Under $20?

The shares of car rental company Hertz Global (HTZ) experienced a significant price rebound after being hard hit by pandemic-induced headwinds. But although the company has experienced surging consumer demand due to easing travel restrictions, its shares have plunged nearly 38% in price over the past three months. So, is…

Hertz Names Former Goldman Sachs CFO Stephen Scherr As CEO

Hertz Names Former Goldman Sachs CFO Stephen Scherr As CEO

Hertz Global Holdings Inc (NASDAQ:HTZ) has appointed Stephen M. Scherr as Chief Executive Officer. Scherr will assume his role as CEO and board member of Hertz on February 28, 2022. Scherr spent nearly three decades at Goldman Sachs Group Inc (NYSE:GS), leading a range of strategic and operational functions, departing the firm as Chief…

Highly Skeptical Tesla Analyst Goes After Hertz On Social Media

Highly Skeptical Tesla Analyst Goes After Hertz On Social Media

It seems everyone is aware Hertz will be getting its Tesla Model 3 rental cars over time. We also know people are already renting Teslas in various locations.

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Hertz Says No Availability At LaGuardia But Actively Receiving Tesla Deliveries After Analyst Raises Doubts

Hertz Global Holdings (NASDAQ: HTZ) told Benzinga on Tuesday that it is actively receiving deliveries for Tesla Inc (NASDAQ: TSLA) electric vehicles across the country but does not yet have availability

Cocaine dealers caught in hire car thanks to eagle-eyed PCSO who 'smelled a rat'

The three dealers had driven from Birmingham to Swansea in a Hertz hire car to deal crack cocaine for a county lines drugs gang

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