Hertz, Avis add Priuses to rental fleet

Fuel-efficient hybrid cars added to fleets in U.S. cities.


NEW YORK (CNNMoney.com) -- Hertz Corporation is adding Toyota Prius hybrid cars to the company's rental fleets around the country.

The Prius, which gets 48 miles per gallon in city driving and 45 on the highway, according to new EPA estimates, is the most fuel efficient passenger car in America. As a gasoline/electric hybrid car it uses an electric motor in combination with a small gasoline engine to improve fuel efficiency.

2007_toyota_prius.03.jpg
2007 Toyota Prius

Avis, part of the Avis Budget Group (Charts, Fortune 500), is also adding Priuses to its U.S. rental fleets, according to a report Thursday in USA Today.

Hertz will add 3,400 Priuses to its fleets worldwide by 2008, the company said. The cars will be available as one of the company's "Green Collection" choices at 50 major airport locations around the United States and at the company's Manhattan location. The Manhattan location will have 100 of the cars, which will be rentable by the hour, the company said.

The "Green Collection" program, which the company started in September, 2006, allows customers to select a specific make and model of car from among six selected vehicles. The vehicles, which include the Ford Fusion and Toyota Camry, have an average fuel efficiency rating of 31 miles per gallon, according to Hertz.

The cars will begin appearing in Hertz fleets later this month. Prices for renting a Prius from Hertz will start about about $50 per weekend day, the company said in an announcement.

Hertz already rents hybrid vehicles in several European countries, the company said. Top of page

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.