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Article summary:
With more than 5,100 locations worldwide, and 1,900 in the United States, the Hertz Corporation is recognized as the largest car rental company in the world. It was started by Walter L. Jacobs in 1918 in Chicago. In 1923, Hertz was acquired by the president of Yellow Truck and Coach Manufacturing Company, John Hertz, who changed the name of the company to Hertz Drive-Ur-Self System.

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