Blog: Dave LeggettHertz for sale

Dave Leggett | 14 June 2005

I guess it makes sense for Ford to look at the substantial cash injection – maybe something like $2.5 billion – that offloading car rental division Hertz would bring. That could be a welcome boost for new product development. And divesting non-core activities has been a core strategic policy at Ford for a while now (who’s Nasser?). Another potential advantage from a sale would be that Ford could raise the price of cars sold to a third-party owner of Hertz.  

USA: Ford to spin off Hertz


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