A day after filing an amended 10-K that casts doubt on the electric-truck maker’s survival into 2022, the company said it has “multiple avenues to raise capital."
With Mark Frissora’s departure, Hertz can concentrate on the future.
Looking at the first half of 2013, rates are up and the used car market is down but stabilizing. Pay attention to developments that portend the long-term future of car rental.
The two U.S. public car rental companies both report gains in pricing — finally — though they present different views on the cost scenario for 2013.
The three public car rental companies posted healthy third quarter results last week. While the quarter was characterized by price competition, healthy volumes and fleet rightsizing, the key driver was the used-car market. But what does the future look like?
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