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Hertz Global Holdings

Hertz Global Holdings latest

Hertz UAE to Remain Open for Business Despite Collapse of US Parent Group
June 9th, 2020 - 10:30 GMT

Hertz UAE to Remain Open for Business Despite Collapse of US Parent Group

In reference to the recent news about Hertz Global Holdings and some of its US and Canadian subsidiaries having voluntarily filed for Chapter 11 reorganisation in the United States (which provides protection from creditors in order to restructure the business), Al-Futtaim Automotive has confirmed that, as an independent franchise partner, Hertz UAE is separate from the Hertz Corporation and will not be part of the Chapter 11 reorganisation process. Fully ...
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