The Hertz Car Rental Company

There are so many auto hire companies in the world today, but there is one company that has been there for quite a while now, and it is one of the leading auto hire companies in the world today. This is the Hertz car rental company. This car hire company offers the public various services which include car rentals at every airport, and they have offices in over 7000 locations all over the world. And this makes it one of the biggest car rental companies in the world. This company was established in the city of Chicago by a business man who was known as Walter L. Jacobs in the year 1910.

Later in the year 1923, Mr. Jacobs sold the auto hire business to one John Hertz. John Hertz then was the president of the Yellow truck, coach and cab manufacturing company but he stayed on as the company’s administrative and operating executive. This company later in the year 1926 changed its name to the Hertz Drive-Ur-Self system but the General Motors Company acquired the Yellow Truck Company and also took ownership of the Hertz car hire company. This company’s history dates back far in history and with their experience in the business, the Hertz car hire company is one of the best in the world.

The first Hertz auto hire office was opened in the year 1932 at the Midway Airport in Chicago, and it was during the same year that the company introduced for the first time its self-drive program, which was meant to help people who are in the region for a short while with self-drive transport. The auto hire company was later acquired by the Omnibus Corporation in 1953 from the General Motors corporation and its name was changed to The Hertz corporation. The car hire company was listed in the stock exchange in the same year.

Mr. Jacobs remained the president of the company, and he served as president all through to the year 1960 when he officially retired. The auto hire company went on with business and it grew to be a big company. The Hertz car hire company later in 1994 acquired a company which was known as the Metropolitan Distributors which was a truck leasing company based in the city of New York. Leon C. Greenbaum who was the president of the Metropolitan Distributors company later became the vice chairman of the board of governors at the Hertz auto hire company.

Ford purchased the outstanding shares of the Hertz company, thus fully owning it. Later in the year 1997, the Hertz company launched its website. The website was meant to make the company known all over the world and it contained all the information about the company’s services and their rates for all their services. It also contained all the booking information, and due to the fast growing rate of the company, it later formed the NeverLost navigation system in conjunction with the Megella Corporation which proved to be a big success. The Hertz Corporation is one of the leading car hire service providers in the world and it is still dedicated to providing good quality services.