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Hertz shares jump 5% as subsidiary Oro Mobility secures $80M strategic investment

Tue, 20 Oct 2026 07:28:59 -0400

Investing.com -- Hertz Global Holdings Inc. (NASDAQ: HTZ) shares gained 5% in Tuesday morning trading after Oro Mobility, its majority-owned subsidiary, announced an $80 million strategic equity investment from a consortium of institutional investors.

The funding round was led by Cohen Private Ventures, along with funds affiliated with Certares Opportunities and Knighthead Capital Management. The capital injection establishes Oro as a standalone growth platform designed to scale across the broader mobility ecosystem.

Oro operates the back-end infrastructure that powers modern commercial fleets. In short, it buys vehicles, equips them with management software, handles maintenance and logistics,

Hertz shares jump 5% as subsidiary Oro Mobility secures $80M strategic investment

Tue, 20 Oct 2026 07:28:59 -0400

Oro operates the back-end infrastructure that powers modern commercial fleets. In short, it buys vehicles, equips them with management software, handles maintenance and logistics,

Form 8-K HERTZ CORP For: Oct 16 Filed by: HERTZ GLOBAL HOLDINGS, INC

Tue, 20 Oct 2026 07:06:00 -0400

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Hertz's Oro Mobility raises $80M in equity investment

Tue, 20 Oct 2026 07:05:54 -0400

Hertz Global Holdings (NASDAQ: HTZ) announced that its subsidiary Oro Mobility has secured an $80 million strategic equity investment from a consortium that includes Cohen Private Ventures and funds affiliated with Certares Opportunities LLC and Knighthead Capital Management, LLC.

Hertz will retain majority economic ownership of Oro and continue to serve as its fleet and corporate services partner. The investment is intended to fund expansion of Oro's fleet, operational infrastructure, technology capabilities, and strategic partnerships.

Oro currently operates approximately 45,000 vehicles across major U.S. mobility markets. The company operates across three business lines: rideshare rentals, driver-led fleet management, and autonomous vehicle fleet

Hertz's Oro Mobility raises $80M in equity investment

Tue, 20 Oct 2026 07:05:54 -0400

Hertz-Backed Oro Mobility Secures $80 Million Strategic Equity Investment to Accelerate Independent Growth

Tue, 20 Oct 2026 07:05:00 -0400

Investment positions Oro to scale its platform across driver-led and autonomous mobility models

ESTERO, Fla--(BUSINESS WIRE)-- Hertz Global Holdings, Inc. (NASDAQ: HTZ) today announced that Oro Mobility has secured an $80 million strategic equity investment from a consortium of investors, including Cohen Private Ventures and certain funds or accounts affiliated with each of Certares Opportunities LLC and/or Knighthead Capital Management, LLC or an affiliate. This investment establishes Oro as a standalone growth platform, with the dedicated capital, talent, flexibility and strategic focus to scale across the evolving mobility ecosystem.

Built on Hertz's century of expertise in fleet operations,

Hertz-Backed Oro Mobility Secures $80 Million Strategic Equity Investment to Accelerate Independent Growth

Tue, 20 Oct 2026 07:05:00 -0400

Investment positions Oro to scale its platform across driver-led and autonomous mobility models

Built on Hertz's century of expertise in fleet operations,

Hertz Car Sales expands three-day test-drive program to 300+ sites

Thu, 15 Oct 2026 09:05:44 -0400

Hertz Car Sales has expanded its extended test-drive program, now called TestDrive+, to more than 300 participating Hertz neighborhood rental locations across the United States, according to a company statement.

The program, previously known as Rent2Buy, allows shoppers to take a vehicle home for up to three days before deciding whether to purchase it. Customers pay a daily drive fee during the trial period, which Hertz waives if the shopper buys the vehicle.

Jeff Adams, Executive Vice President of Hertz Car Sales, said: "Buying a car is a big decision, and customers have told us they want more time and flexibility to

Hertz Car Sales Expands Three-Day Test-Drive Experience to 300+ Hertz Locations Nationwide

Thu, 15 Oct 2026 09:00:00 -0400

TestDrive+ gives shoppers up to three days to experience a vehicle before deciding whether to buy

ESTERO, Fla.--(BUSINESS WIRE)-- Hertz Car Sales today announced that its extended test-drive program is now available at more than 300 participating Hertz neighborhood rental locations nationwide. Now called TestDrive+, the program gives shoppers the opportunity to take home the exact vehicle they are considering and experience it in their everyday lives.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261015752606/en/

Hertz Car Sales Expands Three-Day Test-Drive Experience to 300+ Hertz Locations Nationwide

Thu, 15 Oct 2026 09:00:00 -0400

TestDrive+ gives shoppers up to three days to experience a vehicle before deciding whether to buy

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261015752606/en/

Hertz Global (HTZ) PT Lowered to $2.50 at Morgan Stanley

Thu, 15 Oct 2026 08:19:13 -0400

Morgan Stanley analyst Adam Jonas lowered the price target on Hertz Global (NASDAQ: HTZ) to $2.50 (from $3.00) while maintaining a Equalweight rating.

Form 3 HERTZ GLOBAL HOLDINGS, For: Oct 09 Filed by: Hinrichs Joseph R

Tue, 13 Oct 2026 18:57:00 -0400

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Hertz Global adds Joseph Hinrichs to its board of directors

Tue, 13 Oct 2026 16:31:49 -0400

Hertz Global Holdings (NASDAQ: HTZ) announced that its board of directors appointed Joseph R. Hinrichs as a Class I director, effective October 9, 2026.

Hinrichs will serve on the board's Audit and Risk Committee. As a non-employee board member, he will receive annual compensation consisting of restricted stock units valued at $175,000 and a cash retainer of $100,000, subject to his continued service.

Hinrichs has entered into an indemnification agreement with the company. The board stated there is no arrangement or understanding between Hinrichs and any other person related to his election as a director.

Form 8-K HERTZ CORP For: Oct 09 Filed by: HERTZ GLOBAL HOLDINGS, INC

Tue, 13 Oct 2026 16:20:00 -0400

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Hertz Global (HTZ) call put ratio 12 calls 1 put with a focus on October 2.5 calls

Thu, 08 Oct 2026 05:20:11 -0400

Hertz Global (NASDAQ: HTZ) 30-day option implied volatility is at 134; compared to its 52-week range of 67 to 181. Call put ratio 12 calls 1 put with a focus on October 2.5 calls.

Hertz creditors organize ahead of potential debt negotiations - Bloomberg

Wed, 07 Oct 2026 14:41:19 -0400

(Updated - October 7, 2026 2:41 PM EDT)

Creditors of Hertz Global Holdings Inc. are forming groups and retaining advisers in preparation for potential negotiations over the company's debt obligations due in the coming years, according to Bloomberg, citing to people familiar with the matter.

A consortium of secured lenders has engaged Evercore Inc. and Gibson Dunn & Crutcher as advisers, the people said. Creditors are organizing across at least two groups as billions of dollars of Hertz debt comes due over the next few years.

Hertz creditors organize ahead of potential debt negotiations - Bloomberg

Wed, 07 Oct 2026 14:41:19 -0400

(Updated - October 7, 2026 2:41 PM EDT)

Form SCHEDULE 13D/A HERTZ GLOBAL HOLDINGS, Filed by: CK Amarillo LP

Mon, 05 Oct 2026 16:39:00 -0400

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Form 4 HERTZ GLOBAL HOLDINGS, For: Oct 01 Filed by: Kosman Mark

Mon, 05 Oct 2026 16:33:00 -0400

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Form 4 HERTZ GLOBAL HOLDINGS, For: Oct 01 Filed by: Moore Michael S.

Mon, 05 Oct 2026 16:32:00 -0400

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Form 4 HERTZ GLOBAL HOLDINGS, For: Oct 01 Filed by: Berg Christopher G.

Mon, 05 Oct 2026 16:31:00 -0400

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Hertz Global Holdings, Inc. to Announce Third Quarter 2026 Financial Results on November 5, 2026

Mon, 05 Oct 2026 16:05:00 -0400

ESTERO, Fla.--(BUSINESS WIRE)-- Hertz Global Holdings, Inc. (NASDAQ: HTZ) (the “Company”) announced today that it plans to report its third quarter 2026 financial results at 8:00 a.m. ET on Thursday, November 5, 2026, followed by an earnings call at 9:00 a.m. ET.

A live webcast of the call will be available on the Investor Relations page of the Company’s website at https://ir.hertz.com. To access the call by phone, please register through this link: Hertz Q3 2026 earnings teleco registration, and you will be provided with dial-in details. To avoid

Hertz Global Holdings, Inc. to Announce Third Quarter 2026 Financial Results on November 5, 2026

Mon, 05 Oct 2026 16:05:00 -0400

Form 3 HERTZ GLOBAL HOLDINGS, For: Oct 01 Filed by: Larsen Nils Erik

Fri, 02 Oct 2026 16:12:00 -0400

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Form 3 HERTZ GLOBAL HOLDINGS, For: Oct 01 Filed by: Davis Robert Emerson

Fri, 02 Oct 2026 16:12:00 -0400

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