WOW!!!!
What scares me is if the masses are asses and blame this well planned, man made destruction of the US economy on Trump.
PLEASE GOD let 51 percent of Americans use their brains
Avis is really savoring this.
I guess this means there will be a glut of 1-3 year old used cars available in the near future for very reasonable prices.
there is a simple solution to this.
the stock should be zeroed, and the
Board of Directors executed.
well, they filed a chapter 11 bankruptcy
which means they will most likely propose a restructuring plan while continuing operations as best they can
chapter 7 is a liquidation bankruptcy, which would mean its pretty much over as a company
There will be other companies to follow. The biggest economic suicide in history.
The individual(s) who came up with the idea of shutting this nation’s economy down...even for a day...should be hanged.
That said, I hate to see them file; and, I hope they can recover.
There was a movie that came out back then — I can't remember which one, might have had Jack Lemmon in it — where the main character works for an ad agency, and he attends the filming sessions for the famous "Driver's Seat" ad (famous if your a baby boomer anyway). The movie shows them running take after take, and the husband and wife who are being dropped into the car via overhead wires keep missing the target, shins hitting the windshield, landing on the hood, crashing into the rear of the front seats, etc.
They should have been more enterprising and tried harder.
/s
This is how running a business on borrowed money always ends.
Well... Call Michael Bloomberg. They dropped the NRA at his request. So fall back on your friends...
“Let Hertz put flu in the driver’s seat!”
100 years ain’t bad.
I always go to an off-airport Enterprise location. My travel is for pleasure, so don’t mind taking light rail to the closest location and they pick me up from there.
I’m telling ya folks. This nation may not look the same ever
again.
Some attrition is normal, but it’s going to be a different
world when we go back out.
The question is, how many of your favorite places will
survive?
I’m sure others have been saying the same thing.
Domino effect of lockdowns. How many of our Elites who pushed for/ordered lockdowns understood that one man staying home from his job affects the jobs of ten more men behind him?
We’re living through one of the most pivotal times in the history of our country. Our entire way of life hinges on November, and no, that’s not overstating it.
Don't expect to see Hertz's vehicles sold for a bargain.
Dealers and Auto Auctions will pick them up for cheap by buying them in bundles, and sell them for very high prices.
With 35,000,000 now out work, I am not sure where the folks selling things for top dollar think their customers are coming from.