hertz

Carl Icahn’s rental car company Hertz Global Holdings has roughly three weeks to prove it can stave off bankruptcy, the company said on Tuesday. In a regulatory filing, the car rental behemoth said lenders have given it until May 22 to develop a viable financial structure that “better reflects the economic impact of the coronavirus.” …

Carl Icahn’s Hertz — once considered the gold standard of car rental companies — is sputtering on the side of the road while its closest rival, Avis, is positioned to ride out the coronavirus storm. The 102-year-old Hertz told shareholders last week that it had missed a debt payment tied to its 500,000 fleet amid a …

Carl Icahn’s car-rental company, Hertz, is gearing up for a possible bankruptcy as the coronavirus pandemic slams the brakes on its business. The car rental company failed to make an important monthly lease payment tied to its 500,000 vehicles this month, it revealed Wednesday morning. “While the company has taken aggressive action to eliminate costs, …

Carl Icahn’s car-rental company, Hertz, is seeking a bailout from Uncle Sam to fend off a looming cash crunch that threatens to push it over the edge, The Post has learned. Hertz Global Holdings, known for snagging OJ Simpson as its spokesman at the height of his football career, faces a $1 billion-to-$1.5 billion budget …

The coronavirus is proving healthy for some city businesses. While fears over the epidemic have shut down everything from Big Apple schools to nightclubs amid mass self-quarantining, there are still a few enterprises that have not only survived, but thrived. Online booze-delivery services, car-rental firms and local bodegas are among the lucky ones, workers said …