5 Biggest Car Rental Companies in the World

3. Hertz Global Holdings, Inc. (NASDAQ:HTZ)

Total revenue in the latest financial year (in millions): $7,336

Total number of vehicles in fleet: 467,700

Total number of employees: 23,000

Hertz Global Holdings, Inc. (NASDAQ:HTZ) is one of the three largest car rental companies in the world, all three of which are significantly larger than any of their competition. With nearly half a million cars in its fleet, Hertz Global Holdings, Inc. (NASDAQ:HTZ) also has the third largest vehicle fleet among rental car companies. Hertz Global Holdings, Inc. (NASDAQ:HTZ) filed for bankruptcy in 2020 due to a significant decrease in revenue as a result of the Covid-19 pandemic, but emerged from it in 2021. In October 2021, Hertz Global Holdings, Inc. (NASDAQ:HTZ) announced that it was going to purchase 100,000 Tesla vehicles to further its goal of fleet electrification, and has already cited the maintenance costs saved as a result of this decision.