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Thrifty Car Rental was established in 1958. [2] [3] The company completed an initial public offering (IPO) of common stock in 1987.It would grow in size by purchasing Ohio-based Snappy Car Rental for US$40,000,000 (equivalent to $98,319,463 in 2023) in May 1989.
Hertz Global Holdings, originally known as Rent-a-Car Inc., was founded by Chicago, Illinois native Walter L. Jacobs in 1918. [9] This small car rental operation began with a dozen Model T Ford cars. [10] [11] Within five years, Jacobs' fleet expanded to 600 vehicles—generating annual revenues of approximately US$1 million. [11]
In the coming years, the combined fleets and US locations of both Dollar and Thrifty grew in the following numbers: 2001 – 78,600 cars, 268 US locations [11] 2004 – A fleet of 78,900 cars, 245 US locations [12] 2006 – 85,000 cars and 407 US corporate locations [13] [14] 2009 – 106,245 cars and 600 US locations [15]
Antwanette Hill used her status as a platinum member of the Hertz Gold Club loyalty program to book and collect a car without checking in with a staff member at Atlanta airport in October 2018 ...
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