AI scanners will replace manual inspections at Hertz’ car rental stations in US airports. The technology by UVeye uses cameras and sensors to scan the vehicle within seconds. This move aims to ...

has an insurance policy in case the US president’s trade war triggers inflation — a stake in rental car operator Hertz Global Holdings Inc. Yet retail investors considering hitching a ride on ...

Hertz has historically been sensitive to the economic cycle since it depends on business travel and tourism for rentals. Still, Ackman's purchase of $46.5 million is a relatively small stake ...

He noted that Hertz and its two rivals, Enterprise and Avis, currently control around 95 percent of the car rental market. Praising Enterprise as the best-run of the trio, Ackman pointed to its ...

Hertz has partnered with AI vehicle-inspection service UVeye. Rental returns at airports will be scanned to look for damage and possible maintenance issues. The technology has already been ...

So it wasn't a surprise to see Hertz Global (NASDAQ: HTZ) stock skyrocket after Ackman's fund disclosed a stake in the car rental business. Hertz shares jumped 126% in a two-day span as of trading ...

Car rental giant Hertz Corporation warns it suffered a data breach after customer data for its Hertz, Thrifty, and Dollar brands was stolen in the Cleo zero-day data theft attacks. "On February 10 ...

The car rental industry is a key part of travel and one major investor is betting on Hertz. According to Reuters.com, Hertz CEO Gil West released a letter to the car rental company’s employees ...

Hertz has partnered with UVeye, a company specializing in automated vehicle inspection systems, to conduct scans of its rental car fleet. Globally, that fleet includes more than half a million ...

Hertz Global CEO Gil West is "encouraged" and "energized" by prominent investor Bill Ackman taking a "significant" position in the post-bankrupt rental car company, he said Friday in an internal ...