Hertz  has said any recovery to pre-coronavirus levels is dependent on the return of the airline industry

Hertz, the car rental group backed by US billionaire businessman Carl Icahn, has staved off bankruptcy after striking a deal with lenders to extend (...)

Hertz and its rival Avis Budget Group have struggled over the past 12 months amid slumping used-vehicle values and weak car-rental rates

Hertz’s return to the red in the fourth quarter after a single period of profitability signals it still has work to do to pull off its ambitious turna(...)