Global car hire giant Hertz has recorded a third quarter decrease in revenue by $2 billion, which works out as drop by 15.7 percent over a year. The company has also reported that revenues from worldwide equipment rental for the third quarter were down by 35.2 percent or $280.5 million over the last year. With [...]

Car hirers can anticipate a new Hertz brand next year as the car rental firm plans to revamp its corporate identify, including new logos, ads, uniforms, fleets and remodelled rental outlets. The car hire giant has said that the idea behind the massive makeover, which had been 18 months in the making, came from a [...]

Reduced fleets mean less cars for UK and European holidaymakers, many of who are finding themselves stranded without a car, or paying a much higher rate.   The expectation of fewer tourists forced car rental companies to reduce the number of cars they can offer in an effort to cut costs.  This in turn has left [...]

Anyone who’s planning to hire a car over the next few months should book ahead. A large number of British tourists have decided to take advantage of cheap last minute flights and hotel deals this month, causing a shortage in the amount of car hire available. Car hire companies in a number of popular holiday [...]

The Hertz car rental company is seeing signs that there is an increased demand for vehicles for holidaymakers that are foregoing flights and instead travelling to destinations within driving distance of home. Hertz showed its investors a forecast that was considerably different to what Wall Street had predicted. On 25th June Hertz came out on [...]