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There are many auto rental companies in the world today, but there is one company that has been around for a long time, and it is one of the leading auto rental companies in the world today. This is Hertz Car Rental Company. This car rental company provides various services to the public which includes car rental at every airport, and they have offices in over 7000 locations across the globe. And this makes it one of the largest car rental companies in the world. This company was founded in the city of Chicago by a business man known as Walter L. Jacobs in the year 1910.
Later in the year 1923, Mr. Jacobs sold the auto rental business to one John Hertz. John Hertz was then president of the Yellow Truck, Coach and Cab Manufacturing Company, but he remained as the company’s administrative and operational executive. This company later changed its name to Hertz Drive-ur-Self Systems in 1926, but the Yellow Truck Company was acquired by General Motors Company and also owned the Hertz car rental company. The history of this company goes back a long way in history and with their experience in the business, Hertz car rental company is one of the best in the world.
The first Hertz auto rental office opened at Chicago’s Midway Airport in 1932, and it was during that same year that the company first introduced its self-drive program, which was intended to help people who were unable to travel by airport. are at the airport. Area with self-drive transport for a while. The auto rental company was later acquired by Omnibus Corporation from General Motors Corporation in 1953 and renamed The Hertz Corporation. The car rental company was listed on the stock exchange in the same year.
Mr. Jacobs remained chairman of the company, and served as chairman until the year 1960, when he officially retired. The business of the auto rental company went on and it became a big company. Hertz Car Rental Company later in 1994 acquired a company known as Metropolitan Distributors, a truck leasing company based in New York City. Leon C. Greenbaum, who was president of Metropolitan Distributors Company, later became vice chairman of the board of governors of Hertz Auto Hire Company.
Ford bought the outstanding shares of the Hertz Company, thus becoming its sole owner. Later in the year 1997 Hertz Company launched its website. The objective of the website was to make the company known all over the world and it contained all the information about the services of the company and their rates for all their services. It also contained all booking information, and due to the company’s rapid growth rate, it later teamed up with Megela Corporation to form the Neverlost Navigation System which proved to be a huge success. Hertz Corporation is one of the leading car rental service providers in the world and remains dedicated to providing quality services.
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