Tag: bankruptcy
Fisker Seeks Bankruptcy Judge Approval to Sell Over 3,000 Ocean Electric...
Fisker Inc., the electric vehicle startup, has taken a significant step in its ongoing bankruptcy proceedings by seeking approval from a bankruptcy judge to...
Bloomberg Senior Analyst Kevin Tynan on the current state of retail...
From pivoting to digital retail to inventory and chip shortages, the pandemic played a key role in what retail automotive looks like today. On...
Hertz places largest fleet order of Tesla EVs to date
Early on Monday, rental car company Hertz confirmed in a press release that they have ordered 100,000 Tesla EVs for their fleet operations. The...
Hertz navigating bankruptcy, but rental car industry expecting growth
The goliath car rental corporation Hertz Global Holdings continues to battle their way through bankruptcy proceedings post-COVID. On May 22, 2020, Hertz filed for...
Why Takata’s bankruptcy benefits your service department
Takata, the Japanese company behind the faulty airbag inflators, filed for bankruptcy protection. Despite the spiraling debt the company has incurred (which is estimated...
