Latest Car rental News

FILE - In this May 6, 2020, file photo, a Hertz car rental is closed during the coronavirus pandemic in Paramus, N.J. Hertz filed for bankruptcy protection Friday, May 22, 2020, unable to withstand the pandemic that has crippled global travel and with it, the heavily indebted 102-year-old car rental company's business. (AP Photo/Ted Shaffrey, File)

Debt and coronavirus push Hertz into bankruptcy protection

May. 23, 2020 12:29 AM EDT

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...

Car rental company Hertz files for bankruptcy protection, pushed by debt and coronavirus pandemic

May. 22, 2020 10:34 PM EDT
ESTERO, Fla. (AP) — Car rental company Hertz files for bankruptcy protection, pushed by debt and coronavirus pandemic.

Enterprise rental company lays off more than 2,000 employees

Apr. 29, 2020 6:00 PM EDT

CLAYTON, Mo. (AP) — Rental car company Enterprise Holdings has laid off more 2,000 employees after seeing a dramatic drop in business during the coronavirus pandemic, the state of Missouri reported on its website Wednesday. The company expected the coronavirus shutdown to last about a month according to a...