Hertz On The Verge Of Collapse And May Take The Used Car Market With It

Hertz On The Verge Of Collapse And May Take The Used Car Market With It

The already-reeling used-vehicle market is hanging in the balance as Hertz Global Holdings Inc. negotiates with its creditors, a Benchmark Co. analyst said.

The rental-car company has been seeking leniency from lenders and U.S. government support to avoid a bankruptcy filing, CEO Kathryn Marinello said in an interview Wednesday. Hertz has missed lease payments related to the vehicles it rents out and has until May 4 to either make them or convince lenders to waive a potential default.


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MDarringerMDarringer - 5/1/2020 12:47:52 PM
0 Boost
It's lovely that politicians can snap their fingers and plunge people and businesses into financial ruin. They see it. They say "Oh that's a shame" and they move on.


Car4life1Car4life1 - 5/1/2020 1:29:24 PM
+3 Boost
Ooooor...ppl cancelled biz trips/vacation travel without a politician telling them too for the safety of their family...but I dunno that’s just common sense talking

LMAO if it were up to these retardicans we’d all be sipping Lysol smoothies or crowding beaches in Florida wondering why cases/deaths are spiking in those areas

Can’t make this stuff up


xjug1987axjug1987a - 5/1/2020 2:37:47 PM
+4 Boost
Love how you use derogatory "words" related to special needs folks.
ALL liberals are cowards... seriously, they're cowards... I'm sure you look forward to the day some "public servant" asks you for your papers while strolling a public beach... cowards...


Car4life1Car4life1 - 5/1/2020 2:45:44 PM
+3 Boost
Xjug no no no, retard is not derogatory when used appropriately. It is used sufficiently here because you must be a retard to support a man too COWARDLY to share his tax returns, too slow to do research and determine suggesting Americans drink bleach isn’t the best idea, and too much of a doormat to stand up to Putin or China oh I forgot he owes billions to China in business loans LMAO

Yea there is definitely some mental illness there, get help


MDarringerMDarringer - 5/1/2020 2:51:02 PM
+1 Boost
@xjug Did you get that Car4life1 thinks that the businesses have no employees? Clearly the only thing he sees is travelers not renting cars. he doesn't care an iota about all the jobs lost supporting that business. He probably is wearing a shirt that says "Let them eat ice cream."


MDarringerMDarringer - 5/1/2020 3:07:59 PM
0 Boost
@sht4life1 Just curious. If going out in public is going to cause mass death, could you please explain how the "essential" people who have been working for nearly 2 months mainly without masks are not dying right and left?

While you're at it, could you explain how if all hair salons are non-essential and cannot be open, why Gavin Newsom always has perfect hair?


Car4life1Car4life1 - 5/1/2020 3:21:40 PM
0 Boost
LMAO LOOK how mad I made dumb & dumber, careful guys, reading their bullshit can cause your IQ to drop as low as theirs and u may be forced to sell used Hyundai’s for a living LMAO!


xjug1987axjug1987a - 5/1/2020 4:59:59 PM
+2 Boost
Liberals are cowards and Shit4Loser bro, you're the worm sprinkles on top of the smelly heap. Keep spewing your trash with no proof, thats what cowards and liberal losers always do.

Tax returns are not for public consumption especially ones as complex as his. He's a business man not a politician who designs their returns to be shown. Also, he only signs them he does't prepare them so if there was something wrong it would be his accounting firm. Freaks like you are so unglued you're grasping for "anything" you can try to use against someone you hate. Lady YOU are the one who's going to have a heart attack with all your hate.

Finally he never wrote the tax code he only navigated it before he beat Bill ClintStones Jezebel troll, 2 time loser wife with an ugly stick to win the election in 2016 and became the 45th President. YOUR President...




Car4life1Car4life1 - 5/1/2020 5:08:44 PM
0 Boost
oooooh weeee xjugdumbass is maaaaad....LMAO this idiot makes up every excuse for the moron in chief.

The last guys didnt use that COWARDLY EXCUSE. They had the balls to show the american voters their tax returns but then again they weren't bending over for putin while he grabbed their pussy

anymore excuses dumbass????


MDarringerMDarringer - 5/1/2020 6:32:34 PM
0 Boost
You're flailing with the boilerplate false narratives.


Car4life1Car4life1 - 5/1/2020 6:36:12 PM
+3 Boost
and you're flailing with the delusional bullshit as per usual.


dumpstydumpsty - 5/2/2020 8:39:51 PM
+2 Boost
neither one of you are talking about how to protect lives. irregardless of income from travelers or tourists or employee paychecks.

politics allowed 2019-nCoV to be initially swept under the rug. now politicians are showing us that money & corporate profits are much more important than actual lives & containing the virus.


MDarringerMDarringer - 5/2/2020 10:37:31 PM
0 Boost
@dumbshit Yes, Nancy Pelosi did her best to downplay COVID-19 after Trump wanted to get tough in his SOTU address. The drunken, denture-sucking old bitch went to Chinatown (how racist is that?) to say how the Chinese virus was nothing. The old dementia-afflicted hag refused to do anything about COVID-19 during the blistering failure that was the impeachment process ALL WHILE Trump will still preparing for it.

I know this may be hard for you to get your head around because you're obviously as dumb as shit but people die. It happens. You don't destroy the economy and put people on house arrest to keep people from dying. The death rate in the USA is a tiny 0.00009% and the CDC backed a huge chunk of deaths out of the count because they were for underlying conditions like suicidality, cancer, etc. Additionally, Italy--that cauldron of death--is now reporting that out of every 100 deaths they attributed to COVID-19, 98/99 WEREN'T.

Moreover there is now building evidence that (1) masks deepen the infection and (2) sheltering in place has ZERO effect on the number of deaths.

Oh by the way, "the curve" is a mathematical/statistical THEORY not a reality and the premise is "If one person is infected and he infects two and they infect two and they infect two...we all gonna die." It was not based on real numbers. It was promulgated solely to scare the shit out of people. SO, when the real numbers are shown to be absurdly low the Alt-Lefties say "See, destroying the economy and putting people on house arrest flattened the curve."


supermotosupermoto - 5/1/2020 2:40:01 PM
+1 Boost
Car3life1, if you look at the CDC stats, many groups are pretty much immune to the virus.

Want to guess how many total US coronavirus deaths there have been for ages 5-14? 3!!!

For ages 15-24 there have been a whopping total of 42 virus deaths in the US.

https://www.cdc.gov/nchs/nvss/vsrr/covid_weekly/index.htm#AgeAndSex




Car4life1Car4life1 - 5/1/2020 2:41:55 PM
-1 Boost
LMAO Too bad Hertz doesn’t depend on 5 year olds for their business


supermotosupermoto - 5/1/2020 3:47:51 PM
+1 Boost
Unfortunately Hertz does depend on other age cohorts which drive and are also minimally impacted by the virus. For example, age 35-44 had 707 total virus deaths (vs. 19,000 deaths from other causes during the same time period).

So, the economy is being crushed for no good reason. If people want to stay home, let them. It's time to open up the country.


Car4life1Car4life1 - 5/1/2020 3:56:21 PM
+1 Boost
LMAO what we have to realize is the country was in fact open along with these businesses before a shutdown happen. PEOPLE FREELY CHOSE to cancel their plans on their own, no one held a gun to their head lol.

Just like some ppl arent in a hurry to jump back out in stores when e commerce sites and online stores are becoming the norm anyway.




Bach24Bach24 - 5/1/2020 5:17:20 PM
+1 Boost
I cant' believe you guys are trying logic and facts on a 70IQer like Carwithnolife1.


Car4life1Car4life1 - 5/1/2020 5:26:45 PM
0 Boost
yet here you are, taking time out of yours to contribute...thanks for being a fan, your coffee mug is on the way!HAHAHA


MDarringerMDarringer - 5/1/2020 6:33:38 PM
-1 Boost
@Bach24 The reason that Scarred4life1 is so volcanic in his rage is that I complemented him.


Car4life1Car4life1 - 5/1/2020 6:56:10 PM
+2 Boost
LMAO @moron is #triggered & #obsessed...


MDarringerMDarringer - 5/3/2020 11:03:45 AM
0 Boost
See what I mean?


MrEEMrEE - 5/1/2020 9:53:37 PM
+4 Boost
Spies, need to post today's Bloomberg article about vehicles building up at ports. Sounds like there will be big sales coming soon.


Section_31_JTKSection_31_JTK - 5/1/2020 10:59:16 PM
-2 Boost
Wow, car4life is one dumb moron! He's definitely got Trump Derangement Syndrome lol. Better get used to call Trump "Mr. President" because your boi Biden is going down on the USS Sexual Harassment. It's a perfect comedy because it exposes all those "believe her" nags as bullcaca political hacks, since they're totally silent on his LONG HISTORY of sexual harassment as an elected official. Who's gonna save him? The Clinton Crime Family? Or maybe Fredo's brother will jump in lol.


Car4life1Car4life1 - 5/1/2020 11:53:05 PM
+2 Boost
@section_31 is a HUGE DUMBASS, he’s running out of excuses for the SITTING IDIOT IN CHIEF, so he chooses to talk about former/potential candidates LMAO

HE’s almost as pitiful as the orange baboon himself, same cowardly actions though, avoiding the actual question instead of facing it on like tax returns


Section_31_JTKSection_31_JTK - 5/2/2020 1:22:40 AM
0 Boost
Yeah yeah car4life. You're the biggest loser on this board. The mere fact that I was able to get that reaction out of you speaks volumes about the sucktastic antifa-wannabe you are. Really, are liberals this easy to screw with? No wonder MD is always kicking your ass. You must have been born with one of those "kick me" signs on your back. BWA HA HA HA HA HA HA!!!!!!!


Car4life1Car4life1 - 5/2/2020 11:30:30 AM
+3 Boost
HAHAHAHA @section of Losers is still so obsessed, writing paragraphs no one cares about, someone get this poor lonely guy a life LMAO


dlindlin - 5/2/2020 1:25:41 AM
+2 Boost
Market is way oversaturated

Let weaker business go bankrupt, or be communism. Unfortunately it seems US is moving toward the latter, in the name of full-employment


xjug1987axjug1987a - 5/2/2020 4:40:59 PM
+1 Boost
What is even more funny is the Pathetic Coward DemoRat Party is going to take the nomination AWAY from Sleepy Joe. Its already started. They're not about the people and "their" choice, they're about POWER and CONTROL... watch, its going to happen...


MDarringerMDarringer - 5/2/2020 5:23:15 PM
0 Boost
One idea was for him to name Hillary as his VP once he is the nominee and then for him to bow out.


xjug1987axjug1987a - 5/3/2020 7:33:38 AM
-1 Boost
Its going to happen. Quid Pro Joe is failing mentally, physicallly and certainly professionally, he ain't going to get the nom, espcially since he "officially" doesn't have the required delegate count to clinch.

The DemoTrash's will find what they consider a better candidate and push Handsy over a cliff in his wheel chair... Its about power and control, nothing else. I think Cuomo would make a horrible pres as he's a crap Gov, but the Dem's think he's stronger? So Cuomo-Harris or that horrible broad from Michigan.


MDarringerMDarringer - 5/3/2020 11:05:59 AM
+1 Boost
Cuomo and the blow-job queen that is ashamed of half of her ethnicity so she pretends to be black?


Section_31_JTKSection_31_JTK - 5/2/2020 8:46:20 PM
+2 Boost
How dumb are dimbulbcrats? Prominent Dimbulb supporter and legislator Richard Komi says "Judging by the position of the female vagina, it will not be easy for anyone to just put their finger into the vagina unless their [sic] is some Cooperation [sic] from the female herself,” when referring to Senile Joe.


TauronB2GTauronB2G - 5/4/2020 8:03:38 AM
+2 Boost
I thought this was a site about cars. You dudes are arguing like women.
I’ve never seen so many so called men trying so hard to get on their knees and blow their master. Everybody is regurgitating rhetoric that they heard on their choice of biased media, which by the way is never the complete story.
It sucks that Hertz May go out of business, but if you really believe in capitalism that’s the risk they took by getting into business.
At this point if you want to open things back up in the country cool, let survival of the fittest handle it. If you decide to stay in I hope you can work from home and that your WiFi is strong.


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