Hertz files for bankruptcy protection after more than 100 years in car rental business

Hertz files for bankruptcy protection after more than 100 years in car rental 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. 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. […]