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Tag Archives: hertz

Hertz Commitment To Car Hire Safety


The Hertz Corporation has declared that its U.S. car hire fleet does not contain any of the Toyota vehicles recently the subject of a safety recall in relation to power-window switches.

The company said its corporate hire fleet vehicles are currently from the 2011, 2012, and 2013 Model Years. All of the recalled vehicles are from model years prior to 2010.

“The vehicles in the Hertz car rental fleet are from the current and most recent model years, and typically avoid the maintenance and repair issues consumers may encounter with older cars,” commented Hertz Chairman and Chief Executive Officer, Mark P. Frissora. “Our emphasis on clean, safe and newer cars results in higher levels of customer confidence that their rental experience will be trouble-free. Whenever a vehicle in our fleet is subject to a safety recall, it is taken out of the fleet immediately not rented again until it has been repaired.”

It is Hertz’s policy not to hire or sell a recalled vehicle until it is fixed. In January, Hertz was the first hire car company to reach an agreement with Consumers for Auto Reliability and Safety (CARS) that mirrors the planned federal legislation announced on September 27, 2012. The legislation, which is consistent with current Hertz policy, prohibits recalled rental vehicles from being hired until they’ve been fixed, and also allows hire companies to continue managing the recall and repair procedure.

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Fly from Cardiff to Malaga


Spanish low-cost airline, Vueling, will launch flights between Cardiff and Malaga in Spring 2013, with flights priced from around £32 one way.

Vueling began operations from Cardiff earlier this year with direct flights to Barcelona, Palma and Alicante, operated by Airbus A320 aircraft for the summer season.

Compare car hire at any of the above destinations with Car Hire Assistant, the car rental, price comparison site. Compare the prices of local rental companies as well as the major brands such as Europcar, Sixt, Avis, Hertz, Budget, Dollar and Thrifty.

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Hertz Buys Pioneer rentals


Hertz Global Holdings, Inc. announced that Hertz Equipment Rental Corporation (HERC) has purchased Pioneer Equipment Rental and Sales, a top Oklahoma based construction and industrial equipment hire business, focused principally on rentals to the industrial and construction segments, that serves the Oklahoma, Southern Kansas and Northern Texas markets.

“Pioneer Rental is another significant step in our commitment to diversify HERC geographically as well as to expand its product and service portfolio,” commented Mark P. Frissora, Hertz Chairman and Chief Executive Officer. “Pioneer Rental gives HERC an even larger footprint in the Oklahoma equipment rental market and access to a broader range of contractor and industrial business. The acquisition immediately increases HERC’s overall market share, bringing to 12 the total number of HERC locations in Oklahoma, while advancing HERC’s industrial penetration strategy particularly in the attractive oil and gas market.”

Compare Car Hire in the UKThe Oklahoma industrial and construction sectors are forecasted to expand in excess of 20% in 2013. Pioneer Rental will bring $25 million of annual revenue to HERC, and the purchase will be accretive to Hertz’s 2012 earnings.

“I’m very excited to join the Hertz team,” commented John Redwine, President, Pioneer Rental. “Hertz has been a strong player in this area and around the country for a long time. I’m convinced that both the Hertz and Pioneer customers will greatly benefit with the expanded footprint and services that will be available to meet their equipment needs.”

Established in 1998, Pioneer Equipment Rental and Sales is a major, independent rental company specialising in the hire and sale of equipment for industrial, construction, earthmoving, and material handling customers. In addition, Pioneer offers extensive repair and maintenance programs with comprehensive parts, inventories, mobile service, planned maintenance, and fleet management.

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Hertz sees profits rise as industry shows green shoots


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Car rental giant Hertz Global Holdings has posted a quarterly profit ahead of market expectations as margins improved in the United States.

Strong demand from business and leisure travellers at hotels and airlines has, in turn, been helping rental companies such as Hertz.

Hertz said net income rose to $92.9 million, or 21 cents per share, for the second quarter from $55.0 million, or 12 cents per share, a year earlier.

Car rental margins in the US rose 210 basis points. The company reaffirmed its 2012 adjusted earnings forecast of $1.28 to $1.38 per share on revenue of between $8.9 billion and $9.0 billion.

Hertz is expected to make another bid for another smaller rival Dollar Thrifty in the near future.

 

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Hertz to promote Source London’s electric vehicle charging network


Visit Car Hire Assistant for a Quote!The Hertz Corporation, the world’s largest general use car rental brand, has announced that it will help promote Source London’s electric vehicle (EV) charging network to Hertz customers in support of London’s vision of becoming an electric capital of Europe.

As well as continuing to provide free access to Source London’s network to Hertz customers when they rent Hertz On Demand car share EVs, Hertz will also promote Source London at its London EV rental locations.

Michel Taride, President, Hertz International and Executive Vice President, Hertz Corporation, said: “We’re excited to support Source London in its efforts to build an electric vehicle charging network across Greater London. At Hertz we’ve committed to pioneering smart mobility, including rentals of electric vehicles, which can benefit from Source London’s extensive network.”

The move comes as part of Hertz’s on-going commitment to sustainable motoring. The first global rental car company to provide Electric Vehicles across three continents and offering the most diverse range of EV’s on the market, Hertz launched ‘Living Journey’, the global sustainability strategy underpinning all areas of its business, in 2011. More recently it has announced a range of agreements to expand upon its fleet of electric cars and vans, including the Vauxhall Ampera announced today.

In the UK, Hertz operates 16 Source London funded charging points at six locations across Greater London including London Heathrow and London City Airport.

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