Coronavirus COVID-19 Lockdowns Push Car Rental Company Hertz Into Bankruptcy In US, Canada


Coronavirus Shutdowns Push Car Rental Company Hertz Into Bankruptcy In US, Canada

The international coronavirus pandemic has hit the automotive rental firm laborious (representational picture)

Car rental firm Hertz, laborious hit by the worldwide coronavirus pandemic, has filed for chapter within the United States and Canada, the corporate introduced Friday.

“The impact of COVID-19 on travel demand was sudden and dramatic, causing an abrupt decline in the Company’s revenue and future bookings,” Hertz mentioned in a press launch.

Its primary worldwide working areas, together with Europe, Australia and New Zealand, weren’t included within the US Chapter 11 submitting.

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