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Friday, July 03, 2020

Hertz Global Holdings Inc.

HERTZ GLOBAL HOLDINGS INC. NEWS

Hertz files for bankruptcy after rental-car demand vanishes

May 23, 2020 10:23 am

After the coronavirus pandemic decimated revenue, the car renter sought relief from lenders and a bailout from the U.S. Treasury Department.

Rental car operator Hertz reports bigger-than-expected loss

February 28, 2018 9:49 am

Hertz has been reducing the size of its rental fleet and investing more in marketing campaigns and technology upgrades of its app amid pressure from industry over-capacity and pricing.

Apple working with Hertz to manage small autonomous fleet

June 27, 2017 1:31 pm

Apple Inc. is leasing a small fleet of cars from Hertz Global Holdings Inc. to test self-driving technology, an agreement that echoes a larger deal between competitors Alphabet Inc. and Avis Budget Group Inc. Hertz shares soared the most in almost two years.