Truth Hertz: rental cars go bankrupt

And traders hit the floor and a CEO buys her own company for $1

May 27, 2020 | Current events | Business
Article headline image

Hertz runs out of gas

Century-old rental car giant Hertz Global Holdings filed for bankruptcy protection on Friday as the pandemic's effects on travel brought business to a halt. The company that also runs the Thrifty and Dollar rental car brands had already laid off over 14,000 of it's 38,000 worldwide employees in April...

Get this story
and much more

Download the app and join Genius for unlimited access to The Post. Enjoy this article plus all the features Genius offers.


Albert

Albert

Bank. Save. Invest.