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Home» Articles posted by Jack Pitcher and David Welch

Hertz Files for Bankruptcy After Rental Car Demand Vanishes

Posted on May 26, 2020 by Jack Pitcher and David Welch in Transport Topics

Hertz Global Holdings Inc., the rental car company founded with a dozen Ford Model Ts more than a century ago, filed for bankruptcy late May 22 after sweeping travel restrictions and the global economic collapse destroyed demand for its vehicles.

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