Hertz news and trends

Hertz Shares Plunge 33% After Unexpected Used Car Market Slump

June 24, 2026
Hertz
Hertz Teams With eBay to Drive More Digital Auto Sales
Partnerships // May 06, 2026

Hertz Car Sales is teaming with eBay to expand its digital retail footprint. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...

Uber Taps Hertz Subsidiary to Scale Robotaxi Program
Partnerships // May 01, 2026

Hertz plans to expand beyond its car rental business and serve “the next era of mobility” with a new affiliated operating company that will provide fleet management solutions for autonomous robotaxi and driver-led rideshare fleets. Get the Full Story Complete the form to unlock this article...

Amazon Teams With Hertz to Sell Used Cars
Partnerships // August 20, 2025

Hertz is turning to Amazon to expand its used cars business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you...

Pershing Square CEO Bill Ackman Suggests Hertz-Uber Partnership on Autonomous Vehicles
Transportation // April 18, 2025

Pershing Square CEO Bill Ackman — who disclosed in a Thursday (April 17) post on X that the firm owns a 19.8% stake Hertz — said in the post that Hertz and Uber would be ideal partners to roll out a fleet of autonomous vehicles (AVs).  Get the Full Story Complete...

Interviews & Exclusives
Volvo’s EV Funding Cut Highlights Ongoing Challenges in Driving Consumer Demand

February 01, 2024
While electric vehicles (EVs) have been celebrated for their potential to revolutionize transportation and accelerate the path toward a greener future, recent moves by original equipment manufacturers (OEMs) to scale down production, divest and cut funding have cast a shadow over this once-optimistic narrative. Get the Full Story Complete the form to unlock this article […]

Car Rentals Becoming Contactless, Connected, Convenient

May 30, 2022
As Americans begin to travel this summer — perhaps for the first time in two years — they may find that, in some cases, renting a car is a new...

Hertz And Avis Eye Uber Impact, With Rough Road Ahead

August 10, 2017
Aging fleets, fickle car buyers and, of course, Uber and Lyft are all proving to be a perfect storm for rental stalwarts Hertz and Avis. But then again, if you can’t...

Quick Reads
Hertz Shares Plunge 33% After Unexpected Used Car Market Slump

June 24, 2026
Rental car company Hertz announced a proposed offering of $100 million of common stock and $300 million of exchangeable senior first-lien secured payment-in-kind (PIK) notes Wednesday (June 24), while also disclosing that it realized losses on the sale of vehicles in May due to “unexpected softness in the used car market.” Get the Full Story Complete the […]

Hertz Teams With eBay to Drive More Digital Auto Sales

May 06, 2026
Hertz Car Sales is teaming with eBay to expand its digital retail footprint. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Uber Taps Hertz Subsidiary to Scale Robotaxi Program

May 01, 2026
Hertz plans to expand beyond its car rental business and serve “the next era of mobility” with a new affiliated operating company that will provide fleet management solutions for autonomous robotaxi...

Amazon Teams With Hertz to Sell Used Cars

August 20, 2025
Hertz is turning to Amazon to expand its used cars business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...