Hertz Names Mark Fields Interim CEO; Paul Stone COO
The former Ford president and CEO takes over a transformed Hertz post-bankruptcy. Stone stays on to focus on operations and customer service.
October 5, 2021
The former Ford president and CEO takes over a transformed Hertz post-bankruptcy. Stone stays on to focus on operations and customer service.
October 5, 2021
As disruptions continue to rock vehicle and parts production, fleets should plan for limited fleet supply and cost increases in the near term. But there are things they can do now to mitigate the situation.
September 7, 2021
Argo AI and Ford will deploy Ford self-driving cars, with safety drivers, on the Lyft network with passenger rides beginning in Miami later this year and in Austin starting in 2022.
July 21, 2021
The website makes over 50 years of recall data easily available to the public.
July 1, 2021
A new order mandates major manufacturers, Tier 1 suppliers, and operators of autonomous vehicles to report crashes of vehicles equipped with emerging in-vehicle technologies.
June 29, 2021
Details of the all-new compact pickup will be released June 8.
June 3, 2021
The new bid values Hertz at $6.2 billion and would pay unsecured bondholders in full.
April 18, 2021
Reporting its full-year 2020 Results, Europcar Mobility Group cited limited visibility on when rental car demand will recover; U.S. business a bright spot.
April 12, 2021
Hertz received $891 million in cash for the sale of the fleet management company.
April 4, 2021
Dave Funston, manager, national fleet operations for Mazda North American Operations, passed away on April 1, 2021, following a three-year battle with colon cancer. He was 61.He has the distinction, to date, of being longest reining fleet manager in the history of Mazda North American Operations.
April 3, 2021
Through this new venture, Enterprise Rent-A-Car and National Car Rental say they will be able to reduce operational costs and engine wear.
March 25, 2021
Total fleet sales for the month — which is comprised of commercial, rental, and government sales — came in at 153,372, which represented a 25.5% drop from the same time last year.
February 10, 2021
In addition to Avis, Vittoria served in a global role at Hertz. After car rental, he developed a line of sailing superyachts.
February 6, 2021
General Motors will shutdown or reduce production at four of its global assembly plants beginning the week of Feb. 8, 2021 due to the ongoing automotive semiconductor shortage.
February 3, 2021
Due to the global shortage of semiconductors used in automobiles, OEMs are telling car rental companies to expect “significant delays” with fleet orders. One operator has had a large order canceled outright.
January 27, 2021
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