The rental car industry has ground to a near halt. This is what that means for automakers and car buyers

CNN | May 23, 2020 at 12:48 PM
  • New York (CNN)The nation’s rental car companies are in deep trouble.
  • With flying down 94% in April and May, according to data of people passing through TSA checkpoints, there are far fewer people needing to rent cars.
  • And much of the non-airport business comes from customers whose cars were involved in accidents.