You can't forget about Hertz going "all-in" on electric vehicles, which nobody wanted to rent, resulting in massive losses ...

Former Hertz chief executive Stephen Scherr, who bet big on EVs after leading the company out of bankruptcy, resigned in ...

Hertz filed for Chapter 11 bankruptcy in 2020 and, as part of its plan of reorganization (the “Plan”) that was confirmed in 2021, Hertz promised to “leave all of [its] creditors unimpaired ...

Hertz announced that it ordered 100,000 Teslas as the company is emerging from bankruptcy. A longtime Hertz customer with President’s Circle status was slapped with an unexpected $277.39 charge ...

(Bloomberg) -- Hertz Global Holdings Inc. is replacing its chief executive officer in the wake of a disastrous bet on electric vehicles that the company began unwinding in recent months.

The recent rally in Hertz stock has done one thing for the company. It's given it the motivation to launch one last hail mary attempt to save itself from bankruptcy. Hertz has made a filing with ...

Hertz's Chapter 11 bankruptcy protection filing is bringing attention to risks in this sector of the ABS market. Last Friday, the car rental company filed after a plunge in used car prices combined ...

Hertz said in a US court filing on Friday that it voluntarily filed for Chapter 11 reorganization. It did not include operating regions, Europe, Australia and NZ The more than a century old car ...

In the runup to its exit from Chapter 11 bankruptcy on Wednesday, shares of Hertz Global have surged as much as 2,031% from its March 4 low of $0.41. The stock soared more than 1,100% in a span of ...

Mugford, Kristin, Stuart C. Gilson, and Samuel Antill. "Hertz in Bankruptcy: A Wild Ride in Pandemic Times." Harvard Business School Spreadsheet Supplement 222-713, April 2022. (Revised December 2022.

JPMorgan's report also pointed to that Hertz’s high financial leverage and the potential for litigation costs stemming from its previous bankruptcy, which had not been factored into earlier ...

The more than a century old car rental firm Hertz Global Holdings Inc filed for bankruptcy protection on Friday after its business all but vanished during the coronavirus pandemic and talks with ...