1. Virus-hit Hertz declares bankruptcy in US, Canada  Rappler
  2. Hertz files for U.S. bankruptcy protection as car rentals evaporate in pandemic  ABS-CBN News
  3. Debt and coronavirus push Hertz into bankruptcy protection  INQUIRER.net
  4. Hertz could soon file for bankruptcy  CNBC Television
  5. Hertz Shares Plummet 46% on Report of Imminent Bankruptcy  The Motley Fool
  6. View Full coverage on Google News
Car rental company Hertz cites the 'sudden and dramatic' impact of the coronavirus pandemic on travel demandCar rental company Hertz cites the 'sudden and dramatic' impact of the coronavirus pandemic on travel demand

Virus-hit Hertz declares bankruptcy in U.S., Canada

The more than a century old car rental firm Hertz Global Holdings Inc filed for bankruptcy protection on Friday after its business was decimated during the coronavirus pandemic and talks with creditors failed to result in much needed relief.The more than a century old car rental firm Hertz Global Holdings Inc filed for bankruptcy protection on Friday after its business was decimated during the coronavirus pandemic and talks with creditors failed to result in much needed relief.

Hertz files for U.S. bankruptcy protection as car rentals evaporate in pandemic - Reuters

COVID-19's ripple effects through the economy have pushed Hertz toward the inevitable.COVID-19's ripple effects through the economy have pushed Hertz toward the inevitable.

Hertz Shares Plummet 46% on Report of Imminent Bankruptcy | The Motley Fool

The company, which had amassed a large debt, has been devastated by the sharp drop in travel during the pandemic.The company, which had amassed a large debt, has been devastated by the sharp drop in travel during the pandemic.

“Wow. “Hertz Files for Bankruptcy After Rental-Car Demand Vanishes” https://t.co/K0xqLygVNQ”

Warren Kinsella on Twitter: "Wow. “Hertz Files for Bankruptcy After Rental-Car Demand Vanishes” https://t.co/K0xqLygVNQ"

“Every day under the pandemic brings surreal new information, such as the detail that the Hertz bankruptcy could cause used car prices to collapse because it owns so many cars. https://t.co/EHSoepNe22”

Matt Pearce 🦅 on Twitter: "Every day under the pandemic brings surreal new information, such as the detail that the Hertz bankruptcy could cause used car prices to collapse because it owns so many cars. https://t.co/EHSoepNe22… https://t.co/tl8QkrLC1u"

“Car rental company ⁦@Hertz⁩ files for bankruptcy. https://t.co/QBqg8PjWBq”

Steve Herman on Twitter: "Car rental company ⁦@Hertz⁩ files for bankruptcy. https://t.co/QBqg8PjWBq"

“The Hertz bankruptcy is a great window into how financialized even seemingly straightforward industries like car rental have become https://t.co/8x5gGiY4uO”

Tom Gara on Twitter: "The Hertz bankruptcy is a great window into how financialized even seemingly straightforward industries like car rental have become https://t.co/8x5gGiY4uO… https://t.co/juaI5wNP9r"

Hertz President Paul Stone said the pandemic pounded the Florida-based company’s business, pushing it into the Chapter 11 relief request.Hertz President Paul Stone said the pandemic pounded the Florida-based company’s business, pushing it into the Chapter 11 relief request.

Hertz, hurt by the pandemic, files for bankruptcy - New York Daily News

Hertz filed for bankruptcy protection Friday, unable to withstand the coronavirus pandemic that has crippled global travel and with it, the heavily indebted 102-year-old car rental company’s business. The Estero, Florida-based company’s lenders were unwilling to grant it another extension on its auto lease debt payments past a Friday deadline, triggering the filing in U.S. Bankruptcy Court […]Hertz filed for bankruptcy protection Friday, unable to withstand the coronavirus pandemic that has crippled global travel and with it, the heavily indebted 102-year-old car rental compan…

Deep in debt, Hertz files for bankruptcy protection | KTLA

Hertz filed for bankruptcy protection Friday, unable to withstand the coronavirus pandemic that has crippled global travel and with it, the heavily indebted 102-year-old car rental compan…

Deep in debt, Hertz files for bankruptcy protection | KTLA

Car rental leader Hertz filed for bankruptcy protection Friday amid the coronavirus pandemic. "No business is built for zero revenue," the car rental company says as it struggles because of the coronavirus pandemic.

The company said the coronavirus pandemic had led to an "abrupt" decline in bookings.The company said the coronavirus pandemic had led to an "abrupt" decline in bookings.

Hertz: Car rental firm files for US bankruptcy protection - BBC News

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

Hertz files for bankruptcy after rental-car demand vanishes | Business News,The Indian Express

With nearly $19 billion of debt and roughly 38,000 employees worldwide as of the end of 2019, Hertz is among the largest companies to be undone by the pandemic.With nearly $19 billion of debt and roughly 38,000 employees worldwide as of the end of 2019, Hertz is among the largest companies to be undone by the pandemic.

Hertz files for bankruptcy protection as pandemic demolishes car rental business

Hertz has offered up some supremely cool cars to renters over the years. These are the best. Hertz has offered up some supremely cool cars to renters over the years. These are the best.

Coolest Cars Hertz Has Ever Rented Out

(Bloomberg) -- Hertz Global Holdings Inc. has been at loggerheads with a key group of creditors with time running out to cut a deal that addresses missed debt payments, according to people with knowledge of the matter.The deadlock between the car-rental company and creditors, including holders of asset-backed(Bloomberg) -- Hertz Global Holdings Inc. has been at loggerheads with a key group of creditors with time running out to cut a deal that addresses missed debt payments, according to people with knowledge of the matter.The deadlock between the car-rental company and creditors, including holders of asset-backed

Hertz Runs Low on Time to Reach Debt Deal by Friday Deadline

Business has dried up as travel demand has plummeted because of the pandemic.Business has dried up as travel demand has plummeted because of the pandemic.

Car Rental Company Hertz Files For Bankruptcy

Hertz Global Holdings Inc filed for bankruptcy Friday night.Hertz Global Holdings Inc filed for bankruptcy Friday night.

Hertz Files For Bankruptcy As Car Rentals Decline In The Pandemic | HuffPost

NEW YORK/SINGAPORE: The more than a century old car rental firm Hertz Global Holdings Inc filed for bankruptcy protection on Saturday (May 23) after its business was decimated during the Covid-19 (coronavirus) pandemic and talks with creditors failed to result in much needed relief.NEW YORK/SINGAPORE: The more than a century old car rental firm Hertz Global Holdings Inc filed for bankruptcy protection on Saturday (May 23) after its business was decimated during the Covid-19 (coronavirus) pandemic and talks with creditors failed to result in much needed relief.

Covid-19 victim: Hertz files for bankruptcy protection as car rentals evaporate in pandemic | The Star

The company reportedly needs to make $400 million in lease payments.

Hertz could file for bankruptcy ‘as soon as this weekend': report - pennlive.com

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

Subscribe to read | Financial Times

WASHINGTON: The car rental company Hertz, hard hit by the global coronavirus pandemic, has filed for bankruptcy in the United States and Canada, it an...WASHINGTON: The car rental company Hertz, hard hit by the global coronavirus pandemic, has filed for bankruptcy in the United States and Canada, it an...

Virus-hit Hertz declares bankruptcy in US and Canada

The car-rental giant became one of the first major corporate casualties of the economic fallout from COVID-19 after entering Chapter 11 proceedings.The car-rental giant became one of the first major corporate casualties of the economic fallout from COVID-19 after entering Chapter 11 proceedings.

Hertz files Chapter 11 bankruptcy as COVID-19 pandemic crushes travel - Business Insider

With the travel industry slammed to a standstill amid the pandemic, Hertz’s revenue streams vanished nearly overnight. With the travel industry slammed to a standstill amid the pandemic, Hertz’s revenue streams vanished nearly overnight.

Hertz Files for Bankruptcy as Covid-19 Brings Travel Industry to a Standstill - Barron's

Hertz Global Holdings Inc. has been in discussions with creditors in the hopes of making a deal that addresses its missed debt payments and gives the company further leeway. Rental agencies are struggling, with Hertz in the roughest shape of all. All thanks to a certain virus, business has dried up, and Hertz finds itself […]

Hertz Hits a Wall With Creditors - The Truth About Cars

Rental car company Hertz has filed for bankruptcy protection. It's another blow to business amid the pandemic.Rental car company Hertz has filed for bankruptcy protection. It's another blow to business amid the pandemic.

Hertz files for bankruptcy protection

Shares of Hertz Global Holdings Inc. undefined fell more than 30% in the extended session Friday after The Wall Street Journal reported the car-rental...Shares of Hertz Global Holdings Inc. undefined fell more than 30% in the extended session Friday after The Wall Street Journal reported the car-rental...

Hertz stock plunges 30% after report saying bankruptcy filing is imminent - MarketWatch

Hertz Global Holdings is preparing to file for bankruptcy as soon as Friday night after failing to reach a standstill agreement with its top ...Hertz Global Holdings is preparing to file for bankruptcy as soon as Friday night after failing to reach a standstill agreement with its top ...

Hertz files for bankruptcy as car rentals evaporate in COVID-19 pandemic - CNA

Hertz Global Holdings Inc., one of the nation’s largest car-rental companies, filed for bankruptcy protection Friday, saddled with about $19 billion in debt and nearly 700,00 vehicles that have been largely idled because of the coronavirus.Hertz Global Holdings Inc., one of the nation’s largest car-rental companies, filed for bankruptcy protection Friday, saddled with about $19 billion in debt and nearly 700,00 vehicles that have been largely idled because of the coronavirus.

According to The Wall Street Journal, Hertz, one of the largest car rental companies in the United States, has filed for Chapter 11 bankruptcy Friday, as the coronavirus pandemic has decimated rental demand. Hertz Global Holdings Inc. was reportedly seeking Chapter 11 protection throughout the day, according to WSJ. And that means Hertz won’t necessarily […]

Car rental giant Hertz reportedly files for Chapter 11 bankruptcy

Hertz filed for Chapter 11 bankruptcy amid rising debt and a sharp drop in demand for rental cars during the coronavirus pandemic.Hertz filed for Chapter 11 bankruptcy amid rising debt and a sharp drop in demand for rental cars during the coronavirus pandemic.

Hertz files for bankruptcy amid drop in demand | TheHill

Hertz filed for Chapter 11 bankruptcy amid rising debt and a sharp drop in demand for rental cars during the coronavirus pandemic.Hertz filed for Chapter 11 bankruptcy amid rising debt and a sharp drop in demand for rental cars during the coronavirus pandemic.

Hertz files for bankruptcy amid drop in demand | TheHill

This is the latest in a string major retail bankruptcies this month.This is the latest in a string major retail bankruptcies this month.

Hertz files for Chapter 11 bankruptcy - Axios

By the end of March, Hertz Global Holdings Inc. had racked up $18.7 billion in debt with only $1 billion of available cash.By the end of March, Hertz Global Holdings Inc. had racked up $18.7 billion in debt with only $1 billion of available cash.

Hertz files for bankruptcy protection amid pandemic - CBS News

The rental-car industry is in shock right now after months of zero demand and virtually no business. Talks between Hertz and its creditors don’t seem to be going anywhere, leaving the company staring bankruptcy in the face. The rental-car industry is in shock right now after months of zero demand and virtually no business. Talks between Hertz and its creditors don’t seem to be going anywhere, leaving the company staring bankruptcy in the face.

It's Not Looking Good For Hertz

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The Floriday-based firm began bankruptcy protection proceedings in the U.S. Bankruptcy Court in Wilmington, Delaware, on Friday..The Floriday-based firm began bankruptcy protection proceedings in the U.S. Bankruptcy Court in Wilmington, Delaware, on Friday..

Car-rental giant Hertz files for Chapter 11 with $19BILLION of debt | Daily Mail Online

Hertz could filed for bankruptcy protection in the coming days if it is unable to reach an agreement with its lenders over about $400 million in lease payments.Hertz could filed for bankruptcy protection in the coming days if it is unable to reach an agreement with its lenders over about $400 million in lease payments.

Could Hertz Find A Lifeline In Carl Icahn As It Looks To Avoid Bankruptcy?

The 102-year-old Hertz could file for bankruptcy in the coming days tied to a tardy collateral payment.Carl Icahn’s car-rental company Hertz may be skidding toward liquidation, The Post has learned. The 102-year-old Hertz — known for tapping O.J. Simpson as its spokesman in the 1970s — could file

Hertz may be on verge of liquidation

Hertz Global Holdings Inc. could seek Chapter 11 protection as early as Friday evening, according to the Wall Street Journal.Hertz Global Holdings Inc. could seek Chapter 11 protection as early as Friday evening, according to the Wall Street Journal.

Car Rental Giant Hertz Expected To File For Bankruptcy – CBS Los Angeles

NoCookies | The Australian

Hertz is among the largest companies to be undone by the global crisis.Hertz is among the largest companies to be undone by the global crisis.

By the end of March, Hertz Global Holdings Inc. had racked up $30.7 billion NZD in debtBy the end of March, Hertz Global Holdings Inc. had racked up $30.7 billion NZD in debt

Car rental company Hertz files for bankruptcy due to Covid-19 pandemic | 1 NEWS | TVNZ

Hertz and its subsidiaries will continue to operate, according to a release from the company.Hertz and its subsidiaries will continue to operate, according to a release from the company.

Hertz files for bankruptcy as car rentals disappear amid coronavirus pandemic - National | Globalnews.ca

Hertz and its subsidiaries will continue to operate, according to a release from the company.

Hertz files for bankruptcy as car rentals disappear amid coronavirus pandemic - National | Globalnews.ca

Hertz filed for bankruptcy protection Friday, unable to withstand the coronavirus pandemic that has crippled global travel and with it, the heavily indebted 102-year-old car rental company's business.Hertz filed for bankruptcy protection Friday, unable to withstand the coronavirus pandemic that has crippled global travel and with it, the heavily indebted 102-year-old car rental company's business.