Back in May Hertz, the rental car giant, announced bankruptcy. The move was largely attributed to the global COVID-19 pandemic. For the most part, people stopped traveling. Consequently, fewer people rented cars. We have covered before how we anticipated that the bankruptcy meant many of Hertz’s cars were going to invade the used car market …
Last week I posted that car rental behemoth Hertz might be forced to sell a lot of its automotive inventory to avert a possible bankruptcy. I also outlined how a massive sell-off by Hertz could affect used car prices. Well, there is a post by our friends at Muscle Cars and Trucks that has been published saying that Hertz is indeed …
Rental company Hertz Global Holdings, Inc., has been weathering the COVID-19 storm as best as it can. But there have been fewer people traveling during the global lockdown. Consequently, the car rental company has seen its revenue deflate in recent weeks. The lack of incoming funds it has put the company in a possible bankruptcy situation if things continue for too …
A fire erupted near Southwest Florida International Airport last Friday night just before 5 pm. The fire started in a grassy rental car overflow parking lot for the airport. It originally involved twenty cars. As fire crews began responding, the flames quickly spread throughout the grassy area and consumed more vehicles. Eventually, two helicopters were …
Most warm-blooded American auto enthusiasts fantasize about renting a sports car and hitting a buck-fifty on the German Autobahn or tearing up the twisty tarmac on the Stelvio Pass in Italy (yes, the Eastern Alpine mountain pass made famous by Top Gear) at some point. Did you know that you need an International Driving Permit …
