Hertz’s history dates back to the year 1918, when entrepreneur Walter L. Jacobs opened a car rental business in Chicago at the age of 22. In 1994, after many years and many changes, Hertz became a subsidiary of the Ford Motor Company, thus becoming one of the most prominent car rental businesses in the world. Hertz is the oldest in its category, and is currently comprised by a fleet of 700.000 vehicles and has presence in over 160 countries worldwide, offering some of the lowest rates in the market. Hertz has over 6100 locations and is present in more than 2000 airports. In addition, it has agreements with other companies to offer clients the best benefits and prices.