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Home > Company Index > Diversified Services > Car & Truck Rental & Leasing > The Hertz Corporation

The Hertz Corporation
 NEWS FROM THE STANDARD
Reboot: Service for the Sick
Aug 07 2000 12:00 AM PDT

 PROFILE
Hertz must have competitors wondering how its pickup lines can be so successful. The Hertz Corporation is the world's #1 car rental firm, with about 7,000 locations in more than 140 countries and a fleet of about 525,000 vehicles. Airport rentals account for almost 90% of its car rental revenues. (Its car rental sales are evenly split between business and leisure travelers.) Subsidiaries include Hertz Equipment Rental, which rents industrial and construction equipment, trucks, and tools in North America and Europe; Hertz Claim Management, which handles liability claims for Hertz and others; and Hertz Technologies, which sells telecommunications services. Ford Motor Hertz.

 COMPETITION
Cendant Corporation (CD)
Enterprise Rent-A-Car (dossier)
United Rentals, Inc. (URI)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 5,074.00
1-Yr. Sales Growth: 10.0%
Employees: 31,300
Revenue per employee: $162,108.63

 KEY PEOPLE
• Craig R. Koch
    CEO
• Paul J. Siracusa
    CFO

 CONTACT INFO
225 Brae Blvd.
Park Ridge, NJ 07656
US
Phone: 201-307-2000
Fax: 201-307-2644
Online: Web Site

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