Survived the Great Depression and World War II, but not the coronavirus. Car rental giant Hertz went bankrupt because of an epidemic – what awaits the industry in Russia?

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Coronavirus delivers a new blow to the economy. This time the famous company Hertz fell under it, which has been renting cars for more than a hundred years. The American company filed for bankruptcy because it can no longer pay for car leasing; there are more than 350 thousand of them in Hertz Park. For a hundred years, Hertz has survived the Great Depression, World War II, and several oil crises. But 2020 did not survive. Read more about the company, as well as how Russian car dealers are experiencing a coronacrisis – Anton Baev.

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