'We are making significant headway on our U.S. Chapter 11 process,' said
During the year, the Company adapted to severe volume declines by realigning its fleet, consolidating locations and staffing to the reality of pandemic-level travel demand, cutting all non-essential spending and capital expenses, all the while enhancing cleaning and sanitization processes for the safety of customers and employees. While the Company was focused on cost savings, it kept its sights on the importance of providing customers the highest level of service and in 2020 was ranked No. 1 in Customer Satisfaction for Rental Cars by
'Throughout the difficulties of the past year, I have been exceptionally proud of our employees for their dedication to serving our customers and putting safety and satisfaction first. They remain our greatest asset,' said Stone.
'I am humbled yet honored to lead such an iconic brand through one of the most challenging years in its history,' continued Stone. 'Based on our progress thus far, I believe more than ever that, with the continued support of our loyal customers and exceptional employees, we are laying the foundation for long-term success.'
Read full report at :
https://ir.hertz.com/2021-02-26-Hertz-Global-Holdings-Reports-Fourth-Quarter-And-Full-Year-2020-Results
SOURCE
For further information: CONTACTS: Hertz Investor Relations: (239) 301-6800, investorrelations@hertz.com, or Hertz Media Relations: (239) 301-6300, mediarelations@hertz.com
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