Car rental company Hertz files for bankruptcy

Car rental company Hertz files for bankruptcy

Hertz Global Holdings filed for bankruptcy protection on Friday. Burdened with about $19 billion in debt and nearly 700,000 vehicles that have been largely idled because of the coronavirus, the company had challenges even before the current economic crisis.

Gaurav
Gaurav
AD C
AD C 1 weeks

Is this the first Major corporation to file Bankruptcy or are there others? This might be a sign that we do need to get the economy going again where it is safe to do so.

Rhokanth
Rhokanth 1 weeks

Hertz donut?

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