Hertz Global Holdings, Inc (HTZ)
The company now
On October 16, 2026, Hertz and investors including Cohen Private Ventures and funds tied to Certares and Knighthead agreed a joint venture for Oro Mobility, Hertz's mobility affiliate 3.
The investors agreed to purchase 50% of the voting units, about 15.86% of the common units, for about $80.89 million in cash 3.
Hertz also agreed to repurchase about $51.1 million of its 8.000% exchangeable second-lien notes for about $20.86 million, a 60% discount to par 3.
The company said Oro's first autonomous partnership, with Uber's robotaxi program, is on track to begin operations later this year in the San Francisco Bay Area 2.
On October 9, 2026 the board appointed Joseph Hinrichs as a director, an officer or director change reported on a Form 8-K, to serve on the Audit and Risk Committee 7.
The newest quarterly report on file covers the quarter ended June 30, 2026, when Hertz Global Holdings had revenue of $2,396 million, up from $2,185 million a year earlier, mostly on better pricing 1.
Adjusted Corporate EBITDA, the company's own measure of operating profit before certain items, was $81 million against $18 million a year earlier 1.
As of Nov 4, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.
Newer filings are on file since this was written; an update is queued.