On April 16, Hertz Co. announced it was buying about a 20 percent stake in China Auto Rental Holdings Inc. to gain access to China’s short- and long-term domestic rental car market.
Hertz Buys 20 Percent Stake in China Auto Rental
China Business Review is the official magazine of the US-China Business Council, a nonprofit and nonpartisan trade association that represents more than 200 American companies doing business in China.