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Home Business Transport

Local Hertz safe after US bankruptcy

May 31, 2020
in Business, Guernsey, Jersey, Transport, Travel
Local Hertz safe after US bankruptcy

Mulhouse - France - 11 September 2019 - Closeup of Hertz logo on rental vehicle parked in the street

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Branches of Hertz in the Channel Islands are safe after the car rental firm filed for bankruptcy protection in the US.

The 102-year-old firm, which earns much of its income from car rentals at airports, has seen business plummet because of the coronavirus pandemic.

While branches in Jersey and Guernsey, which are owned by TrustFord, have been affected by the pandemic, they remain unaffected by Hertz’s announcement, said chairman and CEO Stuart Foulds.

‘Following Hertz’s announcement that they had filed for bankruptcy protection in the US we can confirm that other international operations, including ours in the Channel Islands, are not affected,’ he said.

‘Whilst our operation has been impacted during lockdown and travel restrictions, we remain optimistic about the future of our rental operations on Jersey and Guernsey. We are currently diverting some of our rental vehicles to assist with our “no contact” test drives from the home or place of work.’ 

Hertz has more than 400 outlets across the UK and Ireland and has already cut 12,000 people from its global workforce, with another 4,000 put on furlough.

TrustFord has reopened its Channel Island operations, in line with local legislation.

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Nicci Martel

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