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Time - Man of the Year
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Time_Man_of_the_Year_Compact_Publishing_3YX-Disc-1_Compact_Publishing_1993.iso
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1992-08-28
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986b
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22 lines
BUSINESS, Page 45Business NotesAUTO RENTALHow About a Bicycle, Then?
The price of a drive to the country just took an uphill climb
for Hertz customers in New York City. Last week the rental-car
agency imposed a surcharge on residents of four of the city's
five boroughs who rent autos in the metropolitan area (spared:
Staten Islanders). For Bronx residents, it means a $56-a-day
boost. The firm says it aims to regain the millions of dollars
it has lost under the state's vicarious-liability law, which
places damage liability in the hands of a car owner -- in this
case Hertz -- even if the owner isn't behind the wheel. But the
real motive, contends New York City consumer affairs
commissioner Mark Green, is to force a change in the law. Nine
other states have such statutes, but the surcharge will apply
only to New York City, where damage losses have been high.