The Hertz Corporation is a well-known car rental brand and one of the largest worldwide rental companies in the world. The Hertz Corporation operates the Hertz, Dollar and Thrifty vehicle rental brands in almost 10,200 corporate and franchise locations all over the world. It includes North America, Europe, The Caribbean, Latin America, Africa, the Middle East, Asia, Australia, and New Zealand.

Previously, The Hertz Corporation was known as Rent-a-Car Inc which was founded in 1918 by Walter L. Jacobs. They started the small car rental operation with a dozen Model T Ford cars. Five years later, it went larger to 600 vehicles which increased its annual revenue by up to US$1 Million. Not long after that, John D Herts, the owner of Yellow Truck and Coach Manufacturing Company, bought the company in 1923 that made the company’s name changed into Hertz Drive-Ur-Self System. After this phase, Jacobs still continued to serve as president and Chief Operating Officer of Hertz Drive-Ur-Self System until 1961.

Three years later in 1926, General Motors Corporation purchased the brand and the rest of Yellow Truck and Coach Manufacturing Company in 1943. The company established the first rental car charge card in 1926. It was started at Chicago’s Midway Airport in 1932 and continued to expand its service to Canada and Europe. After that, The Hertz Corporation has multiple ownership changes and shares just like the other big corporations.

Starting in 2000, Hertz has developed some of the new technologies for the business, such as SiriusXM Satellite Radio to its rental fleet, photosystem to record damage to its rental cars and ExpressRent kiosks at various rental locations.

Currently, Hertz has 9,700 corporate and franchise rental locations in 150 countries all across the globe, which are North America, Europe, Latin America, Africa, Asia, Australia, The Caribbean, the Middle East, and New Zealand.