Who Owns Nu Car Rental Company

Introduction

Nu Car Rental is one of the world’s leading car rental companies. It is well known for its excellent customer service and its wide range of vehicles, ranging from luxury to economy models. Throughout its history, the company has been owned by a series of different companies. The current owner of the car rental company is Hertz Global Holdings, Inc. (Hertz). Hertz is a global leader in car rental services and has been in the business for more than 90 years.

Early History

Nu Car Rental was founded in 1979 as National Car Rental by entrepreneur Charles Ebbets and business partner Max Perlman. The two started the business in Indiana and quickly expanded it to other states. By the end of the 1980s, National Car Rental had over 1,000 locations and was the second largest car rental company in the United States, behind Hertz. In the mid-1990s, National Car Rental merged with Alamo Rent A Car to form the parent company ANC Rental Corporation. Throughout the rest of the decade, ANC Rental Corporation aggressively expanded its business, acquiring and merging with other car rental companies, such as U-Save Car and Truck Rental.

Name Change To Nu Car Rental

In 2003, ANC Rental Corporation changed its name to ANC Dollars, which in turn changed its name to Dollar Thrifty Automotive Group in 2005. In 2012, Hertz purchased Dollar Thrifty Automotive Group, allowing them to acquire the Nu Car Rental brand. This came with a large portfolio of rental locations, vehicles and brands, including Nu Car Rental, PractiCar and Yesway Car Rental. The acquisition allowed Hertz to significantly expand its global reach and solidify its position as one of the top car rental companies in the world.

Future Plans

Since acquiring Nu Car Rental, Hertz has been investing heavily in the brand and its offerings. Towards the end of 2020, the company announced a new corporate strategy to invest an additional $120 million in the brand, which it plans to use to grow its presence in the United States and expand into other parts of the world. Hertz has also rolled out a wide range of technological updates for their rental fleet, including self-service check-in kiosks and mobile applications to make the rental process easier for their customers.

Features & Services

Nu Car Rental offers a wide range of services and features to customers. The company’s car rental services include luxury and economy vehicles, as well as a selection of one-way and long-term rentals. It also offers an extensive rewards program, allowing customers to earn points for each rental that can be used to receive discounts on future rentals. Additionally, Nu Car Rental provides an array of services designed to make your rental experience easier and more convenient, such as roadside assistance, mobile reservations and car delivery services.

Variations of Vehicle Classes

Nu Car Rental’s fleet of cars is made up of a variety of vehicle classes, including economy cars, minivans, SUVs and luxury vehicles. It also offers hybrid cars, electric cars and other eco-friendly vehicles for customers who are looking for a more environmentally conscious option. No matter which vehicle class you choose, you can be sure to have a safe and enjoyable rental experience.

Customer Service

Nu Car Rental puts a great emphasis on customer service and satisfaction. The company has an experienced team of customer service representatives who are available 24/7 to answer questions, provide assistance and resolve any rental issues you may have. Additionally, Nu Car Rental offers customer loyalty programs to reward loyal customers with discounts, free upgrades and other special offers.

Overall Performance

Overall, Nu Car Rental is one of the leading car rental companies in the world. Its wide range of vehicles and customer-focused services has made it one of the most reliable and efficient companies in the industry. With Hertz’s recent investments, Nu Car Rental is set to become an even bigger name in the car rental space.

Marjorie Turcios is a seasoned leader and management expert with over 25 years of experience. She has held various leadership positions in private industry, government, and education. She is an advocate for creating win-win solutions and has worked to create successful, lasting change in corporations and organizations. Marjorie is an award-winning author of several books on leadership, mentoring and coaching, and effective communication skills. Her passion is to help others discover their potential and reach new heights in their professional life through her writings. Marjorie resides in Dallas, Texas where she enjoys spending time with her family, traveling to different places around the world, and speaking at conferences about her areas of expertise.

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