Hertz

8 Stories

Hertz Took 3 Years to Hand Over a Receipt That Cleared Man of Murder

Now Herbert Alford is suing

(Newser) - When Michael Adams was shot dead in 2011, Herbert Alford was 20 minutes away, at the airport in Lansing, Mich. Nonetheless, Alford was convicted in the murder and spent almost five years behind bars before being exonerated last year and freed, CBS Detroit and Michigan Live report. He might have...

SEC Puts Damper on Hertz Plan to Sell Possibly 'Worthless' Stock

Car rental company wanted to dump $500M in common stock during bankruptcy proceedings

(Newser) - After a tumultuous few months, Hertz now has another wrench thrown into its works. Unable to endure the coronavirus pandemic, the car rental company filed for bankruptcy protection last month, then noted Monday in a government filing that it planned to sell $500 million in common stock—all while warning...

Bankruptcy for Hertz: 'No Business Is Built for Zero Revenue'

But Hertz and subsidiaries will continue to operate after being slammed in pandemic

(Newser) - 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 company's lenders were unwilling to grant it another extension on its auto lease debt payments past a Friday deadline,...

The 10 Worst US Employers
The 10 Worst
US Employers

The 10 Worst US Employers

Alorica hasn't really charmed its employees

(Newser) - Companies focused on keeping customers happy should perhaps focus a bit more on their own employees. According to 24/7 Wall St. , some of the worst US companies to work for are customer-oriented. The site used Glassdoor reviews from employees to give US employers a rating out of five. The 10...

Hertz Fires 26 Muslims Over Prayer Breaks

Employees refused to clock out, says company

(Newser) - A Hertz branch in Seattle has fired 26 Muslim employees because they didn’t clock out during prayers. The car rental firm says it’s trying to be fair to other workers, but one fired employee tells KOMO News , “We feel like we're being punished for what we...

Hertz Rolls Out Car-Share Plan
 Hertz Rolls Out Car-Share Plan 

Hertz Rolls Out Car-Share Plan

Eying Zipcar's success, rental giant will rent you a Prius for $10 an hour

(Newser) - Look out Zipcar—car rental giant Hertz is jumping into the auto-sharing fray with hourly rentals in New York, Paris, and London, reports the New York Times. Hertz Connect customers will pay from $50 to $1,500 annually to subscribe and have access to cars for as little as $8....

Hertz Muscles in on Zipcar's Car-Sharing Turf

Service, to launch in NYC and elsewhere, is most direct competition yet from a big player

(Newser) - Zipcar is about to get some competition, and it’s going to look familiar. Hertz is starting its own car-sharing business, which boldly apes Zipcar’s model, the Wall Street Journal reports. Customers of Connect by Hertz will be able to rent cars in New York, London, and Paris starting...

Rental Biz Sees Small-Car Shortage

Demand for small cars on rise, as is anger at 'upgrades'

(Newser) - Rental car companies can't meet the soaring demand for more fuel-efficient small cars and are forcing irritated customers to take "upgrades" to gas-guzzlers. Rocketing gas prices are putting pressure on Hertz, Avis, and other companies to sell their luxury cars and SUVs to pay for fuel-efficient models. Bookings for...

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