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Case
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Reference no. 15-164
Published by:
MIT Sloan's LearningEdge (2015)
Version:
27 March 2018
Length:
13 pages
Data source:
Published sources
Notes:
This item is part of a free case collection. For terms & conditions go to www.thecasecentre.org/freecaseterms

Abstract

In the June 7­8, 2014 weekend edition of The Wall Street Journal, an article entitled 'Accounting Errors Hit Hertz Hard' caught auto industry analyst Abby Devins's attention. Devins recalled that Hertz had hinted in March about the possibility of having to restate its 2011 financial statements, but by June the situation appeared worse than previously anticipated. Keenly aware that car rental companies like Hertz provided a significant source of steady demand for automotive manufacturers, Devins was curious whether Hertz's accounting issues could be related in some way to its large rental fleet and what impact this might have on the company's future vehicle acquisition plans. This case is part of the MIT Sloan free case collection (visit www.thecasecentre.org/mitsloanfreecases for more information on the collection).

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