The largest general use car rental business will go public in an effort to maximize value for Ford Motor Co. shareholders. Ford has filed paper work with the Securities and Exchange Commission to get the initial public offering process rolling on its Hertz Corp. subsidiary. The auto maker plans an IPO for a portion of the business and will divest the remaining ownership interest separately. A company spokeswoman tells Ward's that even though Hertz is profitable - earning nearly $500 ...
Premium Content (PAID Subscription Required)
"Ford Plans Public Offering of Hertz" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642