Who owns Dollar Car Rental? This question has intrigued many individuals interested in the car rental industry. Dollar Car Rental, a well-known name in the industry, has a fascinating history and ownership structure that we will explore in this article.
Dollar Car Rental was founded in 1962 by William P. Oliver in St. Louis, Missouri. The company started with a single location and a simple mission: to provide affordable and reliable car rentals to customers. Over the years, Dollar Car Rental has expanded its operations and become a global brand, offering services in over 80 countries.
In 1993, Dollar Car Rental was acquired by Hertz Corporation, a leading global car rental company. This acquisition marked a significant milestone in the company’s history, as it allowed Dollar Car Rental to benefit from Hertz’s extensive resources and expertise. As part of the Hertz Corporation, Dollar Car Rental has continued to grow and innovate, offering customers a wide range of vehicles and services.
The Hertz Corporation, founded in 1918 by Walter L. Chrysler, is a multinational company specializing in car rental, equipment rental, and fleet management services. The company operates through three main business segments: Hertz, Dollar, and Thrifty. Dollar Car Rental is one of the three brands under the Hertz Corporation umbrella, along with Thrifty Car Rental.
Under the ownership of the Hertz Corporation, Dollar Car Rental has managed to maintain its brand identity while leveraging the resources and network of one of the largest car rental companies in the world. This strategic partnership has allowed Dollar Car Rental to expand its fleet, improve customer service, and enhance its global presence.
In conclusion, Dollar Car Rental is owned by the Hertz Corporation, a multinational company with a rich history in the car rental industry. The acquisition by Hertz has provided Dollar Car Rental with the necessary resources and expertise to grow and thrive in a competitive market. As customers continue to seek affordable and reliable car rental services, Dollar Car Rental, under the guidance of the Hertz Corporation, remains a leading choice for many around the globe.
