Friday, March 25, 2011 The Hertz Corporation Expands Franchise Network
 The Hertz Corporation is expanding its Car Rental Unit franchisee network as part of a Company-wide strategy aimed at increasing its presence in the airport and off airport car rental markets.
Worldwide, Hertz has more than 3500 franchise locations on six continents. Initially, Hertz will be transitioning select corporate markets to franchisee operations.
The Company's franchisees in established markets will benefit from a strong Hertz presence both on and off airport and will have the opportunity to acquire assets such as facilities, staff and fleet, and operate under established Hertz airport concession agreements and functional operations. In addition, franchisees will be able to take advantage of shared services and cost synergies with Hertz including the Company's fleet purchasing scale and reservation systems. Hertz will also offer franchises in currently underserved U.S. markets. The Company will provide these local operators with a full array of services to help them establish and rapidly expand their market presence for Hertz.
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