- December 16, 2025
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Two announcements by Hertz a week apart may be more related than at first blush.
On April 7, the Estero-based car rental giant announced it made a venture capital investment in an Uber-like valet parking and car service startup in San Francisco called Luxe.
Just five days later, on April 11, Hertz told investors it expects revenues to be lower than anticipated. The news sent shares down 11% that day.
