Hertz Backs Out Of AMI Leasing Deal

December 13, 1999

SHARING TOOLS        | Print Subscribe
Car rental giant Hertz has ended talks to acquire AMI Leasing, a Worcester, MA, truck leasing business owned by Ford.

Craig Koch, president and ceo of Hertz, said AMI's emphasis on heavy truck leasing does not fit with Hertz's growth strategy.
In mid-July, the company had said it was considering acquiring AMI Leasing, estimating then that a transaction could occur within 60 days.

Comment On This Story

Comment: (Maximum 2000 characters)  
Leave this field empty:
* Please note that every comment is moderated.


We offer e-newsletters that deliver targeted news and information for the entire fleet industry.


ELDs and Telematics

sponsored by
sponsor logo

Scott Sutarik from Geotab will answer your questions and challenges

View All

Sleeper Cab Power

Steve Carlson from Xantrex will answer your questions and challenges

View All