: Beyond standard rentals, Hertz expanded its "Rent-to-Buy" programs and Hertz Certified car sales, allowing consumers to purchase high-quality used vehicles directly. Operational Hurdles and Consumer Reputation 100 Years of Hertz History
: The company made headlines with a massive commitment to EVs, including a monumental partnership with Tesla to integrate electric cars into its global fleet. hertz*car
Despite its historical dominance, the 21st century brought unprecedented hurdles. The rise of ride-hailing services like Uber and Lyft disrupted traditional rental models, and the COVID-19 pandemic severely impacted the travel industry. These factors led to a high-profile bankruptcy filing in 2020. : Beyond standard rentals, Hertz expanded its "Rent-to-Buy"
However, Hertz utilized its restructuring period to pivot toward the future of transportation: : Beyond standard rentals