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Car/Limo Rentals

 April 01, 2002
Hertz Expands Into China

 Hertz is the first global car rental company to operate in China, opening several locations in Beijing, Shanghai and Guangzhou. Hertz signed an agreement with China National Automobile Anhua (Tianjin) International Trade Company (CNAA) which is Hertz' licensee in China. Hertz will operate in China under the trade name "Hertz China". Hertz China has rental locations in downtown Beijing, Shanghai, and
Guangzhou, and at Beijing Capital Airport (addresses below), and a rental fleet with a range of domestic, imported and joint venture vehicles. Customers may rent or lease chauffeur-driven vehicles, with 48-hour advance notice, and customers with a Chinese national license may also rent or lease on a self-drive basis.

Brian J. Kennedy, Hertz Executive Vice President for Marketing and Sales, said "The agreement with CNAA makes Hertz the first global car rental company to operate in the promising Chinese market. The agreement pairs the leading worldwide car rental company with a quality, local firm, an arrangement that should result in more business in China as well as more overseas Hertz rentals by Chinese businesspeople, tourists, and officials."

Li Gang, President of CNAA, said, "Car rental customers in China are sophisticated and expect the highest quality products and services. Our local strength, combined with Hertz' superior products and services, enables us to offer the best car rental experience for our business and leisure customers in 3 major Chinese cities."

Wong Soon Hwa, Hertz Managing Director, Asia & Japan, added, "There is growing demand for car rental services by local and multi-national companies. What China lacks today is a world-class car rental company that offers products and services locally and globally. With CNAA's local presence and Hertz' international operations, our Chinese customers will receive the highest levels of service in major Chinese cities and across our extensive worldwide network."

Hertz China locations will be at the following addresses:

Beijing

North Anhua Mansion
No 8 Yinghua West St., Chaoyang District, Beijing, China 100029

Jian Guo Hotel
No 5 Jian Guo Men Wai Da Jie, Beijing, China 200120

Beijing Capital Airport
Car Parking Building Terminal 2, Capital Airport, Beijing, China 100621

Shanghai

Pudong Shanghai New Construction Tower Co., Ltd.
500 Pudong South Road, Shanghai, China 200120

Hotel Equatorial Shanghai
No 65 Yanan Road West, Shanghai, China 200040

Chang Feng Center
Room 306, Changfeng Center No 1088 Yanan Road West, Shanghai, China 200052

Lobby, Huamao Hotel, No. 2550 Hongqiao Road, Shanghai 200335

Guangzhou

Jingxing Hotel
1st Floor, No 89 Linhe West Road, Tianhe District, Guangzhou, China 510610