PARK RIDGE, N.J., Oct. 16, 2012 /PRNewswire/ -- The Hertz Corporation (NYSE: HTZ) today announced the expansion of its car sharing program Hertz On Demand with four new locations at Northeastern University in Boston, MA. The service is a pay-as-you-go system without an annual fee, providing University faculty, staff, students and all Hertz On Demand members with 24/7 access to vehicles strategically located throughout the campus. With a range of cars – from compacts and sedans to SUVs and cargo vans – available in four different parking lots around campus, the Hertz On Demand fleet continues to be one of the largest and most diverse in the Boston area, bringing back to school convenience to students, aged 18 years and older, faculty and staff.
"We're excited to have doubled in size since our initial launch in Boston. By adding Hertz On Demand at Northeastern, we're making car sharing even more convenient for students, faculty and staff looking for a low cost, low maintenance transportation option," commented Mark P. Frissora, Chairman and Chief Executive Officer of Hertz. "We set ourselves apart from our competitors because our service is free to join with no annual membership or late fees and offers more diversity in car selection."
Hertz On Demand vehicles will continue to be available in eleven locations in the Boston area, however, beginning this month, will also feature four new locations at Northeastern University, including the Columbus Surface Lot, The Matthew's Arena, the North Lot, and the Ryder Lot. University faculty, staff and students, as well as local residents and visitors can sign up online and start reserving cars from one of Hertz On Demand's local hubs to experience the enhanced member benefits offered by the car sharing club, including:
- Free membership. Hertz On Demand has no enrollment fee or annual membership fee, and offers low hourly or daily rates starting as low as $5.00/hour for the Fiat 500.
- Rental fleet options include the Mazda 6, Chevy Malibu, Nissan Altima, Nissan Sentra, Nissan NV2500 ( CargoVan), Toyota Corolla, Fiat 500 and Jeep Liberty.
- 180 miles a day1, gas and insurance included in rates.
- Daily rates on Hertz rental car for longer trips; Ability to rent a car for up to 30 days.
- Unparalleled member service including 24/7 live, in-car assistance from a team of Hertz Member Care experts.
- No late fees. Hertz On Demand members will not receive punitive charges/late fees for the late return of a vehicle.2
Hertz On Demand provides an economical, convenient and socially conscious alternative to car ownership. It has approximately 150,000 members, is available in six countries and on approximately 50 university campuses.
About Hertz On Demand
Hertz on Demand, Hertz's global car sharing club, has more than 850 vehicles, 150,000 members and more than 250 locations worldwide, including corporate offices and universities. Hertz on Demand offers a variety of vehicles available for online reservation at competitive rates. All cars are equipped with Eileo® technology, and benefits covered by the hourly rate include gas, insurance, GPS turn-by-turn navigation, 24/7 roadside assistance, 24-hour Member Care Center communication, and 180 free miles per day. For more information, visit www.HertzOnDemand.com.
About The Hertz Corporation
Hertz, the largest worldwide airport general use car rental brand, operates from approximately 8,650 corporate and licensee locations in approximately 150 countries. Hertz is the number one airport car rental brand in the U.S. and at 119 major airports in Europe. Hertz is an inaugural member of Travel + Leisure's World's Best Awards Hall of Fame and was named by the magazine's readers' as the Best Car Rental Agency. Hertz was also voted the Best Overall Car Rental Company in Zagat's 2012/13 U.S. Car Rental Survey, earning top honors in 14 additional categories, and the Company swept the global awards for Best Rewards Program and Best Overall Benefits from FlyerTalk.com. Product and service initiatives such as Hertz Gold Choice, NeverLost®, and unique cars and SUVs offered through the Company's Adrenaline, Prestige and Green Traveler Collections, also set Hertz apart from the competition. Additionally, Hertz owns the vehicle leasing and fleet management leader Donlen Corporation and operates the Hertz On Demand car sharing business. The Company also owns a leading North American equipment rental business, Hertz Equipment Rental Corporation, which includes Hertz Entertainment Services.
1 Per 24 hour period
2 Late returns will only be charged rates for the additional time used in 15 minute intervals (no punitive fees)
SOURCE The Hertz Corporation