Mike Spector, Reuters
The 102-year-old car rental company is among the biggest brands so far to be leveled by the fallout from coronavirus. A new CEO is six days into the job. Let's see how Paul Stone maneuvers the iconic brand through Chapter 11.
3 days ago
Jessica DiNapoli and Mike Spector, Reuters
Hertz is not alone in seeking rescue financing. Will it merge with Avis-Budget? Even if that doesn't happen, the travel industry will witness a wave of consolidation.
1 month ago
Isaac Carey, Skift
Avis could learn a few things from Hertz's strategy of investing in tech and operations.
7 months ago
Isaac Carey, Skift
Hertz recently upgraded its internal and fleet management systems, helping it overcome the hurdles that are bogging down Avis.
7 months ago
Isaac Carey, Skift
It's been hard for car rental companies to adapt to disruptors like Uber and Lyft, but their recent strategies show promise.
10 months ago
Andrew Sheivachman, Skift
Business still isn't great for Hertz or Avis, but at least they aren't hurting as much anymore. The next few quarters will prove whether they can burst out of a multiyear slump or will continue to muddle forward.
1 year ago
Isaac Carey, Skift
It's kind of amazing how many things went wrong.
1 year ago
Andrew Sheivachman, Skift
Car rental companies are looking to become transportation networking companies like Uber and Lyft, while also renting cars to drivers of those ridesharing services. But first, they need to bring their core business back on track.
1 year ago
Colin Bertram, Bloomberg
Rental car checkout is a nightmare if you don't have any loyalty status with the company. Maybe this new perk will make Clear's annual fee worthwhile for more frequent travelers.
1 year ago
Andrew Sheivachman, Skift
Car rental companies are preparing for the future of mobility, even as their recovery continues to be a slow process. Renting a car remains mostly annoying but the experience will improve soon thanks to apps and more customer-centric design.
2 years ago
Andrew Sheivachman, Skift
Rumors of the car rental sector's demise may have been greatly exaggerated. Fundamentals have improved for Hertz and Avis, while partnerships with ridesharing companies and autonomous vehicle innovators bring potential for sustained growth.
2 years ago
David Welch, Bloomberg
Forecasters say the U.S. car rental industry will find it tough to raise prices on rentals because of ridesharing services like Lyft and Uber. That's bad news for Avis and Hertz, which are not fetching high prices for their vehicles in used-car markets.
2 years ago
