Rental-car giant Hertz declared bankruptcy this month and cancelled 90% of its new fleet orders due to COVID-19. “General Motors has been the single biggest supplier for the Hertz fleet of 567,000 vehicles in the United States, with GM models making up 21% of its fleet, spanning several brands,” said Car and Driver. Fiat Chrysler Automobiles (FCA) was also impacted (contributing 18% of its domestic fleet), followed by Ford (12%), Kia (10%), Toyota (9%), Nissan (7%), and Hyundai (5%). Read the original story…
