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Car Rental Company Hertz Files For Bankruptcy In Canada And US

Hertz corporation declares bankruptcy

The American car-rental company Hertz corporation which has been hit hard by covid-19 pandemic on Friday finally declared bankruptcy in both Canada and United States. In an official statement, hertz said that the impact of coronavirus on travel demand was unexpected and dramatic, causing a sudden decline in the company’s revenue and future bookings. We immediately prioritized the safety and ...

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