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Hertz declares bankruptcy in the USA, Canada

2020-05-23T04:05:01.536Z

The global car rental giant Hertz, in crisis due to the consequences of the coronavirus, has filed for bankruptcy in the United States and Canada. The company announced it in a statement. (HANDLE)



(ANSA) - WASHINGTON, MAY 23 - The global car rental giant Hertz, in crisis due to the consequences of the coronavirus, has filed for bankruptcy in the United States and Canada. The company announced it in a statement.
   "The impact of COVID-19 on the move demand was sudden and dramatic, causing a sharp drop in the company's revenue and future bookings," he said in a press release. The filing of chapter 11 in the United States does not include operating activities in other areas, including Europe, Australia and New Zealand.

Source: ansa

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