Hertz Car Sales

Hertz Car Sales
Public
Traded as NYSE: HTZ
Industry Used car and Car dealership
Founded 1977 (1977)
Headquarters Estero, Florida, United States
Area served
 North America and parts of Western Europe
Key people
 John P Tague (CEO)[1]
Owner Hertz Global Holdings Inc.
Parent The Hertz Corporation
Divisions Hertz Car Sales UK
Website www.hertzcarsales.com

Hertz Car Sales, a division of The Hertz Corporation[2] handles the transactions and sales of Hertz rental fleet in both B2B and B2C markets. The division is currently based in Park Ridge, New Jersey and will transition to the new Hertz headquarters in Estero, FL once completed. Their largest operating market is North America with over 80 dealer locations[3] between United States and Canada. Hertz Car Sales also operates worldwide and can be found in France,[4] Germany,[5] Italy,[6] Spain,[7] and United Kingdom.[8]

History

In November 2014, John Tague became the new CEO and president Of Hertz Global Holdings[1] which included all Hertz Car Sales operations. Among these changes Tyler Best became the new chief information officer, CIO[9] and Thomas Sabatino was appointed the new chief administrative officer.[10]

Locations

Hertz Car Sales currently operates in select countries worldwide and through Hertz licensees.

North America operations:

  • Hertz Rent2Buy is currently available in 35 States in the US.
  • At present, Hertz Car Sales has 73 retail locations located across the United States and Canada.[11]
  • Hertz Dealer Direct- is available nationwide in the United States and Canada.

As the new Hertz world headquarters continues its construction in Estero, FL. The Hertz Car Sales and rental building found in the complex has finished construction and opened for business.[12]

Fleet

Hertz Car Sales has developed a variety of ways to sell its fleet to businesses and consumers. The core methods used to facilitate these transactions are:

  • Hertz Dealer Direct – A B2B platform developed by Hertz that allows for sales and services directly to automobile dealerships through an online portal and hertz representatives.
  • Hertz R2B Program – An online platform developed by Hertz that allows consumers to reserve active rental vehicles for a test drive for up to 3 days at a low rental rate. If a purchase is finalized these fees are waived.
  • Hertz Car Sales Locations – These are brick and mortar locations opened by Hertz that carry grounded rental vehicles that have been Hertz Certified and available for purchase by consumers.

References

  1. 1 2 Equity, Zacks (2014-11-24). "Hertz Shares Jump as Company Appoints John Tague CEO - November 24, 2014". Zacks.com. Retrieved 2016-09-17.
  2. ↑ "Hertz Global Holdings, Inc. Company Profile". Yahoo! Finance. Retrieved 2012-01-27.
  3. ↑ "Hertz Car Sales Locations - Used Cars For Sale". Hertzcarsales.com. Retrieved 2016-09-17.
  4. ↑ "voiture occasion - Achat et vente voitures d'occasion, Rent2Buy". Hertzrent2buy.fr. 2013-12-02. Retrieved 2016-09-17.
  5. ↑ "Hertz Rent2buy". Hertzgebrauchtwagen.de. Retrieved 2016-09-17.
  6. ↑ "Auto usate - Trova auto usate in vendita su Hertz Rent2Buy IT". Hertzrent2buy.it. Retrieved 2016-09-17.
  7. ↑ "Coches de segunda mano. Encuentra coches de segunda mano a la venta en HertzRent2Buy". Hertzocasion.es. Retrieved 2016-09-17.
  8. ↑ "Used Cars - Find Used Car for Sale on Hertz Rent2Buy UK". Hertzcarsales.co.uk. Retrieved 2016-09-17.
  9. ↑ King, Rachael (2015-01-08). "Hertz Hires Tyler Best as its New CIO - CIO Journal. - WSJ". Blogs.wsj.com. Retrieved 2016-09-17.
  10. ↑
  11. ↑ "Hertz Car Sales Locations - Used Cars For Sale". Hertzcarsales.com. Retrieved 2016-09-17.
  12. ↑ "Hertz renting, selling cars at Estero campus". News-press.com. 2014-12-10. Retrieved 2016-09-17.
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