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Archive for the ‘Hertz Global Holdings Inc. (NYSE: HTZ )’ Category

Car Rental Leader Hertz Puts Teradata in the Drivers Seat

Wednesday, April 25th, 2012

Article by RealWire

Teradata to improve database analytics, business insight, scale up as data volumes grow

The Hertz Corporation (NYSE:HTZ), the largest worldwide airport general use car rental brand, and Teradata (NYSE: TDC), the world’s leading analytic data solutions company, announced today that Hertz has selected a Teradata Active Enterprise Data Warehouse environment to provide a new, powerful and accelerated foundation for business critical reporting and decision making on integrated data.

The new analytic environment will enable real time access to fresh information, and smooth system scalability as requirements for data visibility rise.

“As our business continues to grow, we realized the need to upgrade our data warehousing systems to meet our internal requirements,” commented Joseph Eckroth, Hertz Senior Vice President and Chief Information Officer. “We’re confident that the Teradata system’s performance in handling complex queries and providing us with real time access to fresh information will be beneficial in enabling us to quickly retrieve the most relevant information, while giving us the scalability we’ll need as our business grows.”

The world’s leading car rental brand selected the new Teradata 6650 and a Teradata Data Warehouse Appliance used for a data analytics test system. Hertz is also implementing Teradata products for backup and recovery, the logical data model for travel companies, which encompasses five Teradata products: Decision Experts, Profiler, Professional Services, Advanced Analytics Support and Managed Services.

Over the course of the next 30 months, Hertz plans on developing an analytical and operational global data warehouse in order to support customer relations, fleet operations, corporate analytics, and pricing/yield management.

The new Active Data Warehouse will provide an optimal environment for deep data integration and more timely and powerful analytics. The data infrastructure deployment will involve consolidating data from an assortment of data marts across the organization into one integrated, centralized data warehouse.

“Specifically, Hertz was looking for ways to accelerate complex query processing, cut through the complexity of information management and move to a much more pro-active, effective analytical environment,” said Tony Palladino, Teradata Industry Vice President. “Teradata was able to provide Hertz with the complete package of query performance, user concurrency, rich functionality, and relevant experience.”

The power and scalability of Teradata platforms support businesses of every size whose increasingly complex business demands are driven by robust growth requirements and the emerging need for pervasive business intelligence.

About Hertz Hertz is the largest worldwide airport general use car rental brand operating from more than 8,500 locations in 146 countries worldwide. Hertz is the number one airport car rental brand in the U.S. and at 83 major airports in Europe, operating both corporate and licensee locations in cities and airports in North America, Europe, Latin America, Asia, Australia and New Zealand. For more information please visit the Hertz website.

About TeradataTeradata Corporation (NYSE: TDC) is the world’s leading analytic data solutions company focused on integrated data warehousing, big data analytics, and business applications. Teradata’s innovative products and services deliver integration and insight to empower organizations to achieve competitive advantage. Visit teradata.com for details.

Plug-in Range Anxiety No More? - Charging Station Trends in the United States

Tuesday, April 3rd, 2012

Plug-in Range Anxiety No More - Charging Station Trends in the United States

Though some of the most accessible and first fully electric cars just now arrived in the United States, the turn to hybrid vehicles has created the need for a system of charging station access. If you don’t know a lot about electric vehicles, or EVs, it helps to know that they have what is known as a “range”. This is a figure that indicates the number of miles that the EV can operate in between full charges. Hybrid vehicles also have their electric capabilities or ranges too, and this is the reason behind the need for charging station access around the country.

What is so interesting is that it is retail stores that are really moving things forward by opting to install EV charging stations for consumers to use as they do their shopping or errands. The average charging station is going to be able to supply power to electric cars, plug-in hybrids and EV bikes that require batteries, but they will vary in terms of fees or prices.

For example, the world-famous Mall of America in Minnesota has a charging station system that asks for a few dollars per hour in order to charge the batteries while other stations ask for nothing in return. The owners of the fee-less stations usually understand that a customer is not going to be in their store or shop long enough to take the full charge and they believe that this is simply a service to clients and the environment.

Industry experts feel that the days of free charging station access are numbered simply because the shift to hybrid and fully electric vehicles is inevitable. With changing efficiency standards being required by the United States government (capped at more than 50 MPG by 2025) it is going to be impossible for most manufacturers to avoid the use of battery systems. This means that increasing demands for charging stations will begin to arise very quickly, and the option for free charges will disappear just as quickly.

For now, there are literally hundreds of stations popping up all over the country. The most unique of them was unveiled in Bethesda, MD in 2011. This is a totally green station that uses solar panels, GPS tracking of the sun, and clean supplies to provide drivers with free charges. The owner is a real estate developer who decided to his “bit” for the environment by making the green solar charging station available in a heavy commuting region.

OUT OF SIGHT OUT OF MIND – PLUGGING IN A THING OF THE PAST

If you’re looking for the Future of EV Charging here it is:

PLUGLESS POWER by Evatran

As we move forward with the improvements of charging and charging station and you’re looking for the future of EV charging here it is; Plugless Power solutions, manufactured by Evatran. Evatran has been working on just the solution that all most all EV’res say “charging made easy”. Plugless Power has made plugging in – the thing of the past with their “No Cords Attached” philosophy, its changing we way people think about driving a plug-in electric cars and plug-in hybrids.

If you’re a strong believer in electric vehicles or plug-in vehicles; take a look at their product. It’s truly a game changer in the way you charge you next car. http://www.pluglesspower.com/

EVCARCO’s Corporate Development Update Regarding its Future Driven® Brand

Friday, March 23rd, 2012

Fort Worth, Texas – EVCARCO Inc. (OTCBB:EVCA) (OTCQB:EVCA), a Future Driven® Automotive Retail Group today announced updates to the shareholders and investment community on recent corporate developments, future plans, growth strategies, capital needs and changes to its share structure.

The Company has been working diligently to cultivate several, potentially valuable joint partnerships, identify new markets with products that provide carbon reduction technologies, sales channels, and sources of revenue.

As the Company moves forward, it continues to operate from its Micro-New Car Dealership in Ft.Worth, Texas that has generated cumulative gross revenues of $2,208,948.00, as of the last reported period of September 30, 2011. These revenues represent sales of new electric cars, EV charging stations, and pre-owned vehicles. The Company also continues to expose and market its Master Franchise and Single Locations Franchises opportunities of the Future Driven® Dealership Franchise.

On February 22, 2012, the Company announced that it signed a Memorandum of Understanding (MOU) with HFX Laboratories, Inc. regarding the market development, testing and licensing of the HFX4 Hydrogen Hybrid Combustion/Fuel Enhancement Systems. The Company is currently conducting tests of the HFX4 Hybrid System. The system produces hydrogen for use as a catalyst in the vehicle’s combustion system. The hydrogen catalyst is introduced into the vehicle’s air intake to completely utilize the fuel in the combustion process. The goal is to find in EVCA’s Due Diligence, results of 20% to 35% improvement in MPG and a reduction in emissions in the range of 60%, depending on engine efficiency.

Mack Sanders, CEO of EVCARCO, stated, “We have continued to work on expanding and growing acceptance of environmentally friendly vehicles. With recent increases in gasoline and diesel, we expect more consumers will feel the pain at the pump and embrace our products.”

Effective November 30, 2011, the Company amended its Articles of Incorporation to increase authorized capital. The increase was necessary in order to accommodate conversion of debt taken on over the same year. As of the date of this release, significant portion of the convertible notes payable has been paid off.

For more information on EVCARCO, Inc., please view: www.evcarco.com.  Shareholder inquiries should be directed to (972) 571-1624.

EVCARCO Inc. is a Future Driven® Automotive Retail Group focused on deploying a coast-to-coast network of environmentally friendly franchised dealerships, vehicles, technologies and sustainable solutions. EVCARCO is bringing to market the most advanced clean technologies available in plug-in electric, alternative fuel, and pre-owned hybrid vehicles from multiple manufacturers.

Forward-Looking Statement

This release contains forward-looking statements that reflect EVCARCO Inc. plans and expectations. In this press release and related comments by Company management, words like “expect,” “anticipate,” “estimate,” “forecast,” “objective,” “plan,” “goal” and similar expressions are used to identify forward-looking statements, representing management’s current judgment and expectations about possible future events. Management believes these forward-looking statements and the judgments upon which they are based to be reasonable, but they are not guarantees of future performance and involve numerous known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance, achievements or financial position to be materially different from any future results, performance, achievements or financial position expressed or implied by these forward-looking statements.

Investor Relations Contact:

Jack Eversull

The Eversull Group, Inc.

972-571-1624

214-469-2361 fax

[email protected]

A Solid Look at Compressed Natural Gas

Thursday, September 22nd, 2011

The need for an alternative to gasoline and diesel has certainly been made clear over the past couple of decades.  Presidents and legislators alike have promised to funnel money into funds to help find alternative fuels, and car manufacturers are working tirelessly to create vehicle that do not require these fuels.  One proposed solution that is gaining a fair amount of popularity in the automotive world is compressed natural gas.  While this is still a fossil fuel that can emit greenhouse gases, it is considerably greener than its predecessors, does not increase carbon concentrations in the atmosphere, and can even be produced from landfills and wastewater.

It is already possible to convert vehicles to compressed natural gas, and surprisingly, many transit companies have already done so.  Many states even offer rebates and tax incentives to companies operating large fleets of vehicles who are willing to convert the fleets to use this newer, cleaner source of energy.  Arkansas, for example, just put $2.2 million into a fund that is available until December 2011 for companies looking to convert their fleets. The money is available to fleets belonging to public entities as well as any private fleet that operates ten or more vehicles, as long as at least four of them are converted.

Within the week since Arkansas made the announcement that they would be providing these monies, they have received numerous calls expressing interest.  Because the money is first come, first served, the state is hoping that many will take advantage of the program quickly.  Rebates will cover half of the cost of purchase, up to $25,000, provided the equipment installed is certified by the EPA and meets all of their requirements.

So, what is stopping companies throughout Arkansas from taking advantage of the money immediately?  The best guess is that it is likely logistics.  Finding the right place to have a conversion installed and finding a ready source of compressed natural gas that can be used as needed is not yet as easy as many public vehicles need it to be.  The move towards more eco-friendly vehicles is certainly picking up steam, but until there are reliable sources of alternative fuels or charging stations for electric cars, many motorists are still going to have to wonder how they will venture far from home without the need to drive significantly out of their way to refuel.  The good news, however, is that governments and alternative energy companies everywhere are working to address that even as we speak.

A Little Known Worldwide Phenomenon: Natural Gas Powers Cars

Unlike using solar energy to power cars, this is still very underground as far as green movements go. Yet, nonetheless, it’s making an impact worldwide; using compressed natural gas (CNG) to power cars is a green phenomenon. But how does it work? Can a fossil fuel really be green? These and other questions permeate the mystery behind natural gas as a fuel for cars.

What is natural gas?

Natural gas is a byproduct of oil drilling. It can be obtained from petroleum reservoirs as a multi-component gas. It consists of about 90% methane and 10% other gaseous hydrocarbons. It is refined and compressed into tanks or cylinders to be used in cars and other market uses. CNG is nothing new to commercial fleet operators. Honda has been selling the gas for over eighty years. UPS is a notable buyer.

How does it work?

Engines in natural gas cars are similar to conventional gasoline engines. They are, however, fitted with custom engine modifications or add-ons that allow it to run on natural gas. Engines can be built to run on natural gas or, in some cases, gasoline engines can be converted to utilize the gas. The engine works similarly to a gasoline engine. It uses pistons (spark plugs) to generate motion using fuel combustion. However, natural gas varies in its flammability, volume, and ignitability.

Natural gas is also stored in the car in a similar manner to conventional gas, usually in the rear of the car. The natural gas fuel tank contains cylinders which hold the gas under around 3,000 pounds of pressure to conserve space. The cylinders are protected from impact with metal buffers.

Advantages

  • Natural gas cars are considerably less expensive to run than gasoline-powered cars. On average, natural gas costs 30% less than gasoline. Furthermore, it is possible to refuel your car at home using your household natural gas line.
  • Natural gas, although it is a hydrocarbon, burns much cleaner than conventional gasoline. In fact, natural gas vehicles can reduce carbon monoxide emissions by 90%.
  • Safety is also a notable advantage for natural gas vehicles. They are considered safer because of the reinforced fuel tanks which makes them more resistant to leaks and punctures.

Disadvantages

  • One disadvantage for natural gas cars is smaller passenger space due to that large, reinforced fuel tank. And while they burn cleaner, natural gas cars have less fuel efficiency than gasoline cars.
  • Secondly, while it burns much cleaner, natural gas is a fossil fuel and a non-renewable resource.
  • Another issue, for now, with natural gas is the lack of fueling stations for fill-up. If you do not have natural gas running to your home, it is often not feasible to own a natural gas vehicle.

Nonetheless, natural gas is a readily available, domestic resource that could easily make a huge difference in greenhouse gas emissions. There are over 8 million natural gas cars in use worldwide. In 2006, Honda introduced the Civic GX, its first natural gas vehicle. Popular Science did a year-long study of the car, creating an excellent resource for information on natural gas cars and their day-to-day function.

Hertz and Enterprise Both Now Renting the Nissan Leaf

Monday, August 22nd, 2011

Hertz (NYSE: HTZ ) and Enterprise Both Now Renting the Nissan Leaf

Electric vehicles are generating quite the buzz this year, with the Nissan (OTC: NSANY.pk) Leaf and other popular models finally rolling off the lines and into the hands of anxious consumers.  By the end of the year, there will be a surprising number of EVs available on the market, and in many states, it is also possible to rent these vehicles.  Enterprise, the popular auto rental chain, currently rents both the Chevy Volt and the Nissan Leaf in 6 states across the US, and Hertz has just announced that it, too, will soon be offering electric vehicles for use as rentals, although initially only in San Francisco.

The introduction of EVs through rental car companies is one that offers a number of prospective benefits.  Consumers seem to be a bit skeptical about purchasing the cars, wondering if the decreased range and the rarity of charging stations means that they are likely to end up stranded somewhere with no way to get home or charge their vehicles, and the rental option actually provides them with a chance to experience the cars for themselves.  Customers will find that the Nissan Leaf has a range of about 100 miles before it needs a charge, which should be sufficient for a day’s activities for most.  Many of the hotels offering the cars as part of their packages will also provide charging stations onsite so that renters can charge the vehicles overnight. Continue reading “Hertz and Enterprise Both Now Renting the Nissan Leaf” »

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