Hertz’s journey began with Walter L. Jacobs, who founded a small rental company in Chicago with a fleet of just 12 Ford Model Ts. The business was soon purchased by John D. Hertz, whose vision transformed it into a cornerstone of American mobility. For decades, Hertz led the industry by strategically locating rental booths at airports, capitalizing on the post-World War II boom in commercial air travel. This "fly-drive" model became a vital component of business and leisure travel, cementing the company’s reputation as an essential service for the modern traveler.
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. hertz*car
However, Hertz utilized its restructuring period to pivot toward the future of transportation: Hertz’s journey began with Walter L
: 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 Hertz, whose vision transformed it into a cornerstone
: The company made headlines with a massive commitment to EVs, including a monumental partnership with Tesla to integrate electric cars into its global fleet.