Hertz Files for Bankruptcy After Rental-Car Demand Vanishes
The car-rental and leasing company Hertz, based in Estero, Florida, filed for bankruptcy late Friday, after coronavirus pandemic stoped travel and the global economic collapse in pandemic destroyed demand for its vehicles. The second-largest U.S car-rental-company founded in 1918, will keep operating until it devises a plan to pay creditors and turn around the business. The […]
Continue Reading