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Creditors to be paid in full and existing shareholders to receive more than $1 billion of value. Company on target for June 30 exit from Chapter 11.
https://www.autorentalnews.com/10145396/hertzs-reorganization-plan-okd-by-bankruptcy-court
The American Car Rental Association’s June update also includes support for federal funding of EV charging infrastructure, a plan to reopen international...
https://www.autorentalnews.com/10144804/treasury-declines-to-expand-certs-eligibility-to-car-rental
The regulator is looking into claims that the combined group may have too much market control and reduce competition.
https://www.autorentalnews.com/10144251/brazilian-authorities-investigate-planned-localiza-unidas-merger
After being accused of stealing a rental car from Avis Car Rental almost 20 years ago, a Connecticut woman has been charged with first-degree larceny.
https://www.autorentalnews.com/10143860/after-20-years-a-rental-car-thief-faces-justice
From new legislative EV incentives to state and local mandates that will affect the car rental industry, operators need to start developing an...
https://www.chargedfleet.com/10143155/operational-and-legal-challenges-to-electrify-car-rental-fleets
From new legislative EV incentives to state and local mandates that will affect the car rental industry, operators need to start developing an...
https://www.autorentalnews.com/10143155/operational-and-legal-challenges-to-electrify-car-rental-fleets
The Georgia Supreme Court ruled that the licensee could not be held liable for injuries to third parties caused by the driver of a stolen rental car — who...
https://www.autorentalnews.com/10143063/avis-licensee-prevails-in-georgia-liability-case
The American Car Rental Association updates this month’s initiatives and welcomes new and returning members.
https://www.autorentalnews.com/10142753/acra-signs-coalition-letter-for-payroll-tax-credit
In a potentially rare outcome in a corporate bankruptcy, the revised plan if accepted will amount to a recovery of 60 to 70 cents a share for stockholders.
https://www.autorentalnews.com/10141778/hertz-proposes-shareholder-recovery-to-exit-bankruptcy
A contractor that shuttled cars between Seattle-Tacoma International Airport and nearby Avis Budget locations is not considered a transportation employer...
https://www.autorentalnews.com/10141004/avis-contractor-exempt-from-15-wage-law