Hertz Introduces Compressed Natural Gas Vehicle Rentals At Will Rogers Airport

The Hertz Corp. (NYSE: HTZ) is announcing the introduction of compressed natural gas (CNG) vehicles to its fleet in the US. Hertz will begin renting eight CNG Honda Civics and two CNG GMC Yukons at Will Rogers World Airport in Oklahoma City early next month. All vehicles will include NeverLost GPS units to assist renters in mapping local CNG refueling stations.

Source SocialBizWire

April 12, 2012

2 min read

"Hertz is committed to providing our customers with a full spectrum of vehicle options to suit their rental needs including clean emission vehicles such as CNG, electric vehicles, as well as other fuel-efficient vehicles included in our Green Traveler Collection," said Mark P. Frissora, Hertz Chairman and Chief Executive Officer. "As more low emission, fuel efficient vehicles become available for general use we will continue to expand our rental fleet, reflecting our dedication to offering sustainable travel options." CNG is a cleaner-burning fuel, emitting up to 30 percent less carbon dioxide and up to 75 percent less carbon monoxide. The fuel also typically costs half the price of gasoline and is produced domestically. Oklahoma City is serving as a pilot program for Hertz's CNG airport rentals program. In addition to having significant CNG fueling infrastructure across the state -- approximately 70 existing or planned public stations -- Oklahoma is also home to several of the top natural gas producers in the country, including Chesapeake Energy Corporation. Hertz is a general use car rental brand operating from approximately 8,500 locations in approximately 150 countries worldwide. Hertz is the number one airport car rental brand in the U.S. and at 94 major airports in Europe, operating both corporate and licensee locations in cities and airports in North America,Europe, Latin America, Asia, Australia and New Zealand. In addition, the Company has licensee locations in cities and airports in Africa and the Middle East.