Latest Hertz News & Updates

See the latest news and media coverage for Hertz. We track all announcements, press releases, and industry mentions in real time, all in one place.

Hertz

Car rental company

hertz.com

Headquarters: Estero, United States
Founded year: 1918
Company type: Public company
Number of employees: 21,000+
Industry: Passenger Transportation, Ground & Sea

Last updated October 21

Latest news about Hertz

In short: Hertz faced financial strain, legal settlements, and an EV retreat while expanding used-car sales and Oro Mobility.

Company announcements

October 20 Hertz

Hertz-backed Oro Mobility secures $80 million strategic equity investment

The capital accelerates Oro's independent growth and scaling of its driver-led and autonomous fleet management platform.

August 6 Hertz

Hertz announces Q2 2026 results with strong commercial momentum

Revenue grew 10% year over year to $2.4 billion, with Adjusted Corporate EBITDA of $81 million, a $63 million improvement, amid continued transformation.

June 24 Hertz

Hertz proposes $100 million common stock offering

Shares loaned to J.P. Morgan for hedging; Hertz receives no sale proceeds but a nominal lending fee. The offering is contingent on a private note placement.

June 24 Hertz

Hertz announces $300 million exchangeable note offering

The notes, due 2030, are secured and can be exchanged into cash or Hertz common stock. Proceeds will be used for general corporate purposes and repaying debt.

Media coverage

October 21 USA Today

Hertz: Debt Holders May Be Getting Anxious (NASDAQ:HTZ)

Hertz faces increasing bankruptcy risk as $18B in debt matures over 4.5 years amid rising rates....

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