Knighthead, Certares Return with New Counteroffer for Hertz
The new bid values Hertz at $6.2 billion and would pay unsecured bondholders in full.
April 18, 2021
The new bid values Hertz at $6.2 billion and would pay unsecured bondholders in full.
April 18, 2021
With travel booming in warm-weather destinations and a shortage of rental vehicles due to the pandemic, some travelers are facing rental prices of more than $300 a day – or up to $500 a day in certain high-demand areas.
April 13, 2021
Green Motion Jordan will initially be supporting the Jordanian capital of Amman, and Queen Alia International Airport.
April 13, 2021
CarTrawler’s partnership will provide more car rental options for customers on Hopper’s travel booking app.
April 13, 2021
Specializing in short- and long-term car rental and leasing, Avalon Transportation has expanded its services at its location in Santa Clara, Calif.
April 13, 2021
Free2Move, a mobility brand of Stellantis, will help Europcar Mobility Group reach its goal of having all its vehicles 100% connected by 2023.
April 13, 2021
Powered by sherpa, the COVID-19 Travel Advisor is now part of several Expedia Group consumer brands to simplify the experience for people seeking guidance in destinations they hope or plan to visit, such as quarantine and COVID-19 testing requirements.
April 12, 2021
Reporting its full-year 2020 Results, Europcar Mobility Group cited limited visibility on when rental car demand will recover; U.S. business a bright spot.
April 12, 2021
Pratley will spearhead the global growth strategy for Fourth Tier’s ERA car rental software solution.
April 5, 2021
Hertz chose the renegotiated proposal over a competing one from Certares and Knighthead Capital. The plan keeps Hertz on track to exit Chapter 11 in June.
April 4, 2021
Hertz received $891 million in cash for the sale of the fleet management company.
April 4, 2021
The first Cool Motion locations have been launched by one of Green Motion's most long-established franchisees, Vinay & Viral Pala.
March 31, 2021
People traveling to the Hawaiian islands for spring break are causing a shortage of rental cars and a spike in prices.
March 31, 2021
Nick DiPrima will be responsible for strategic partnerships and the leadership of the sales department in the region.
March 31, 2021
Travelers can now rent Europcar vehicles in Albania, Cyprus, Malta, Russia, and St. Martin.
March 31, 2021