Last Mercury SableFord announced Monday that its Hertz car rental group filed for an initial public offering. The offering is estimated to be about $100 million, but the actual IPO could be worth more or less. Hertz is the world's largest general use car rental operation and has been a part of Ford since 1994. Ford could ultimately loose a major buyer of its cars. In the past, Hertz has been a convenient place to offload the aging Taurus and Sable models. Thankfully, the Fusion and Five Hundred and their cousins look more promising.

I'm reporting this comment as:

Reported comments and users are reviewed by Autoblog staff 24 hours a day, seven days a week to determine whether they violate Community Guideline. Accounts are penalized for Community Guidelines violations and serious or repeated violations can lead to account termination.

    • 1 Second Ago
  • From Our Partners

    You May Like
    Links by Zergnet
    Cars for Sale Near You

    Share This Photo X