Hertz Global Aktie News

Hertz Global is undervalued, trading at 2-4x normalized FCF, following investor concerns over leverage and recent negative cash flow. HTZ has corrected major strategic missteps—costly share buybacks and an overaggressive EV fleet shift—positioning itself for improved cash flow and operational stability. Leverage risk is mitigated by ample liquidity, long-dated debt maturities, and recent positi...

ESTERO, Fla.--(BUSINESS WIRE)--Hertz Promotes Mike Moore to Chief Operating Officer.

Car rental firm Hertz Global said on Tuesday it had launched a fully online car-buying marketplace, as it leans on the demand for used vehicles.

ESTERO, Fla.--(BUSINESS WIRE)--Hertz Car Sales, which offers one of the largest selections of high-quality used vehicles direct to consumers, today announced the launch of a fully online car-buying experience at HertzCarSales.com. Shoppers nationwide can now browse, finance, and purchase vehicles entirely online, gaining greater confidence, transparency, and convenience through the enhanced dig...

Rental company Hertz is beefing up its HertzCarSales.com website, allowing customers to do nearly all of the car buying process online. The company has about 560,000 cars in its fleet, and offloads about half every year.

ESTERO, Fla.--(BUSINESS WIRE)--Hertz Announces Completion of $425 Million Exchangeable Senior Notes Offering.

Hertz wants to sell more of its cars directly to consumers and is teaming up with Amazon to list its vehicles. But used car dealers said the partnership poses threats to their business model.

ESTERO, Fla.--(BUSINESS WIRE)--Hertz Global Holdings, Inc. (NASDAQ: HTZ) (“Hertz” or the “Company”), a leading global rental car company, today announced that its wholly-owned indirect subsidiary, The Hertz Corporation (“Hertz Corp.”), has entered into an agreement to sell $375 million in aggregate principal amount of 5.500% Exchangeable Senior Notes due 2030 (the “Notes”), in a private offerin...