The Hertz Corp. reported record fourth quarter 2000 revenue of $1.2 billion, up 3.5 percent, or about $41 million over the same period in 1999, and a 6.8 percent increase before the effects of foreign exchange translation. The company also reported net income for the quarter of $55.6 million or $0.52 per share, diluted, compared with $60.3 million or $0.56 per share for the same period in 1999. For the full year 2000, the company reported its seventh consecutive year of record net income, $358 million, a 6.7 percent increase over 1999, or $3.33 per share, diluted, up from $3.10 in 1999. Revenue for 2000 of $5.1 billion, a 7.6 percent increase over 1999, was a record for the ninth con-secutive year. Hertz also announced that a formal agreement had been reached on Ford’s proposal to acquire all the shares of Hertz stock it doesn’t currently own.