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HTZ Hertz Global Holdings Inc

4.62
0.07 (1.54%)
02 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Hertz Global Holdings Inc NASDAQ:HTZ NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.07 1.54% 4.62 4.59 4.62 4.625 4.4009 4.52 9,459,802 00:55:01

Thrifty Car Rental Expands Network To Singapore

20/04/2015 1:00pm

PR Newswire (US)


Hertz Global (NASDAQ:HTZ)
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- Hertz's longstanding franchise partner Sime Darby now operating Thrifty Singapore to cater to value oriented customers' mobility needs

LONDON, April 20, 2015 /PRNewswire/ -- Thrifty Car Rental, part of The Hertz Corporation (NYSE:HTZ), has expanded its network to Singapore, opening two prominent downtown locations in Ubi Road and Alexandra Road respectively. Thrifty Singapore is operated by Hertz's long-established franchise partner Sime Darby, which holds an outstanding reputation in the automotive industry. Customers can book travel from www.thrifty.com.

Thrifty's downtown branches, conveniently placed in Singapore's urban areas, will bring car rental closer to those customers with value oriented requirements. Leisure customers as well as small and medium enterprises will benefit from a varied fleet, competitive rates, optional extras and attractive offers.

Michel Taride, Group President, Hertz International, said: "The launch of Thrifty operations in Singapore represents an important part of the brand's international growth strategy across Asia. Thrifty's expansion to an important business and tourist destination such as Singapore results in more choices for those car rental customers who seek convenience, great value and the trust of a global brand. Sime Darby's reputation and strength in the local automotive sector presents a significant growth potential for Thrifty in Singapore."

Eddie Ho, General Manager, Sime Darby Services Pte Ltd, said: "Sime Darby Services Pte Ltd has always believed in upholding excellent customer service levels and meeting our customers' different needs. We are very enthusiastic about operating a trust-worthy global brand such as Thrifty in Singapore. Thrifty offers great value quality products and services that will allow us to meet the growing demand from value conscious leisure and business customers."

Thrifty Singapore's ample fleet of vehicles includes compact, economy, intermediate, standard, luxury, full-size passenger, premium and sports utility vehicles (SUV's).

Thrifty Car Rental started its expansion to Asia last year. The company currently operates in Singapore, Malaysia and Philippines.

Notes for editors:

Hertz's well-established Dollar and Thrifty brands serve value-oriented leisure customers, including domestic and foreign tourists, small businesses and government travelers in over 1,800 corporate, franchisee and licensee locations in 86 countries. There are more than 900 Dollar and Thrifty locations across Europe and Asia.

ABOUT HERTZ
Hertz operates the Hertz, Dollar, Thrifty and Firefly car rental brands in more than 10,800 corporate and licensee locations throughout 145 countries in North America, Europe, Latin America, Asia, Australia, Africa, the Middle East and New Zealand. Hertz is the largest worldwide airport general use car rental company with more than 1,700 airport locations in the U.S. and more than 1,300 airport locations internationally. Product and service initiatives such as Hertz Gold Plus Rewards, NeverLost®, Carfirmations, Mobile Wi-Fi and unique vehicles offered through the Adrenaline, Dream, Family, Fun, Green and Prestige Collections set Hertz apart from the competition. Additionally, Hertz owns the vehicle leasing and fleet management leader Donlen Corporation, operates the Hertz 24/7 hourly car rental business and sells vehicles through its Rent2Buy program. The company also owns Hertz Equipment Rental Corporation (HERC), one of the largest equipment rental businesses with more than 350 locations worldwide offering a diverse line of equipment and tools for rent and sale. HERC primarily serves the construction, industrial, oil, gas, entertainment and government sectors. For more information about Hertz, visit: www.hertz.com.

Hertz Press Contact:
Evelin Imperatrice
Hertz International
T: +44 1895 553 695
E: eimperatrice@hertz.com

Copyright 2015 PR Newswire

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