Hertz Teams Up With Nissan To Bring Electric Cars To Market By Early 2011

PARK RIDGE, NJ--(Marketwire - February 12, 2010) -for widespread expansion, the Alliance has already
The Hertz Corporation (NYSE: HTZ), the world'sformed partnerships with more than 40 governments,
largest general use car rental brand, today announcedcities and other organizations in Japan, the US and
it has entered a joint commitment with Nissan to bringEurope to advance the deployment of EVs worldwide.
zero-emission mobility to car rental in the US andThis includes developing a comprehensive charging
Europe by early 2011. Under the terms of theirinfrastructure through public and private investment;
Memorandum of Understanding, Hertz will develop aincentives and subsidies from local, regional, and
program for the roll-out of Nissan LEAF at selectnational governments; and public education on the
rental sites in those two major markets.individual and societal benefits of zero-emission mobility.
As the world's first affordable, zero-emission car,In the future, Hertz and Nissan plan to expand Nissan
Nissan LEAF ushers in a new era of eco-mobility thatLEAF electric vehicles into Hertz's global car share
is in line with rising consumer demand across Europe.service, "Connect by Hertz." By applying the same
Designed specifically for a lithium-ion battery-poweredinnovative model to car sharing, this would allow the
chassis, the medium-size hatchback comfortably seatsRenault-Nissan Alliance to scale up availability and
five adults and has a range of about 100 miles (160km)acceptance of electric vehicles across a wide
as tested by the LA4 Test Cycle, to satisfy real-worldconsumer base in some of the world's most densely
consumer requirements. The car will go on sale inpopulated cities.
Japan, the US and Europe in late 2010."The flexibility and environmental credentials offered by
"The partnership with Nissan seals Hertz's commitmentthe existing Connect by Hertz fleet presents an ideal
to green-car rentals and firmly demonstrates ouropportunity for the expansion of electric cars into the
mission to advancing zero-emission mobility on a globalcar-share market," added Frissora. "With its
scale," said Mark P. Frissora, Hertz Chairman and Chiefperformance and energy efficient technology, we're
Executive Officer. "With unique solutions like the Hertzconfident that Nissan LEAF will be popular with existing
Green Collection already available to our customers,customers and help attract new eco-conscious
we believe in continuously providing innovative mobilitymotorists."
solutions to sustain the growing demand forAbout Hertz
eco-travel," he added.Hertz is the world's largest general-use car-rental
Toshiyuki Shiga, Chief Operating Officer of Nissancompany, operating from over 8,100 corporate
Motor Co., Ltd., commented: "Our partnership withlocations in 145 countries. Hertz is in its 91st year of
Hertz is an important step towards our goal ofdelivering quality car-rental solutions to leisure and
promoting widespread acceptance of electric vehicles.corporate customers.
Together with our Alliance partner Renault, we aim toProduct and service innovations such as Hertz #1 Club
be the leader in zero-emission vehicles which weGold, Worldwide Online Check-in, specially designed
believe are one of the best solutions for sustaining theNeverLost® satellite navigation systems, Hertz in-car
growing need for transport across the globe."DVD Entertainment and unique cars offered through
The Renault-Nissan Alliance will start mass-marketingthe company's Prestige, Fun and Green Collections, set
electric vehicles globally in 2012. To lay the foundationsHertz apart from the competition.