Hertz Makes Jaguar F-TYPE Coupe the Hero of its Dream Collection - Analyst Blog


In a move to enhance customer experience, Hertz Global Holdings, Inc. ( HTZ ) recently added Jaguar F-TYPE Coupe to its Dream Car collections as the next Hero car in some key European destinations. In a partnership agreement between the vehicle rental giant and Jaguar Land Rover, Hertz obtained exclusive rental rights of Jaguar F-TYPE Coupe in 2014.

The new collaboration marks the third consecutive year of partnership between the two companies with an aim to offer new Jaguar models to the Hertz customers. In 2013, Hertz had introduced Jaguar F-TYPE convertible to its Dream Car collections.

Starting at a price of approximately $66,000 for the base F-TYPE Coupe model, this two-seater car has a 3.0 liter V-6 engine. It can reach a speed of 60 mph in 5.1 seconds. The car was first introduced at the 2013 Auto Show held in Los Angeles and was made available for sale in spring 2014.

Per the agreement, driving enthusiasts can hire this sports car from certain locations of Belgium, Spain, Italy, France and the Netherlands by booking online at www.hertz.com .

The locations from where this dream car can be hired are - Brussels Airport in Belgium; Nice downtown, Nice Airport, Monaco, Cannes, Saint-Tropez as well as in Paris downtown and airport locations Paris Orly and Charles de Gaulle Airports in France; Olbia Airports, Rome Fiumicino and Milan Malpensa in Italy; Madrid and Barcelona Airports in Spain; and Amsterdam Schiphol Airport in The Netherlands.

We believe that addition of this new Jaguar model to the Hertz fleet will be beneficial for both the companies. Hertz will be able attract customers who want to experience the extravagant ride, which might in turn lead some of them to purchase the car facilitating Jaguar Land Rover to boost sales of its vehicles.

Hertz operates a car rental business under Hertz, Dollar, Thrifty, and Firefly brands in North America, Europe, Latin America, Asia, Australia, Africa, the Middle East and New Zealand. Hertz is the number one airport car rental brand in U.S. and operates at 130 major airports in Europe.

However, the company currently carries a Zacks Rank #5 (Strong Sell) due to accounting mishaps that led it to postpone its first-quarter fiscal 2014 earnings announcement and related 10-Q filing. The earnings release scheduled for Jun 9 were delayed due to the identification of certain errors in its financial results for 2011 and the need to restate the same as well as make relevant corrections in its 2012 and 2013 statements.

Other Stocks to Consider

Some better-ranked stocks in the same industry include Avis Budget Group, Inc. ( CAR ) and ExamWorks Group, Inc. ( EXAM ) sporting a Zacks Rank #1 (Strong Buy) and JTH Holding, Inc. ( TAX ) holding a Zacks Rank #2 (Buy).

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AVIS BUDGET GRP (CAR): Free Stock Analysis Report

HERTZ GLBL HLDG (HTZ): Free Stock Analysis Report

EXAMWORKS GROUP (EXAM): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

This article appears in: Investing , Business , Stocks

Referenced Stocks: CAR , HTZ , EXAM



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