Car & Truck Rental News

Browse the latest breaking news across the automotive rental industry covering fleet acquisition, remarketing, rental software, GPS & telematics, fleet insurance and financing, rental operations, risk management, technological innovations and shifting market conditions.

January Remarketing Conference Set for Las Vegas

TORRANCE, Calif. -- The 2004 Conference of Automotive Remarketing (CAR), scheduled for Jan. 21-23 at the Mandalay Bay Resort in Las Vegas, will feature speakers from some of the industry's leadi...

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Hertz Teams With European Online Travel Site

PARK RIDGE, N.J. -- Hertz and the European online travel site Opodo.com have teamed up to offer Opodo's customers Hertz car rental rate quotes as soon as air travel reservations are confirmed. A...

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Standard & Poor Places Hertz on CreditWatch

NEW YORK -- Standard & Poor's Ratings Services said last week it placed all ratings on Hertz Corp., including the 'BBB' corporate credit rating, on CreditWatch with negative implications. The ...

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Budget to Purchase 6,000 GM Trucks

PARSIPPANY, N.J. -- Budget Truck Rental this month awarded General Motors Fleet an order for 6,000 light trucks, according to industry sources. Budget and Avis are part of Cendant Car Rental Gro...

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ACTIF Elects New Officers, Directors

The Association for Car and Truck Rental Independents and Franchisees (ACTIF) elected new officers and directors to its Board of Directors during the Car Rental Show held in Orlando, Fla., Octob...

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National, Alamo Agree to ADA-Compliancy Plan

WASHINGTON, D.C. -- To settle a dispute with the Justice Department, National and Alamo this month agreed to a plan aimed at making their fleet of airport shuttle buses more accessible to parapl...

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Avis Launches Travel Agent Sweepstakes

PARSIPPANY, N.J. -- To mark the 40th anniversary of its "We Try Harder" tagline, Avis Rent A Car System has launched a sweepstakes for travel agents. An agent who books a qualifying Avis rental ...

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Abrams Report Cites Airport Rates as Key to Rebound

LONG BEACH, Calif. -- Strong airport rates, attractive fleet programs from the automakers, and disciplined fleet management should help the car rental industry continue to build profitability, a...

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ANC Sale to Cerberus Finalized

FT. LAUDERDALE -- Cerberus Capital Management's purchase of nearly all of ANC Rental Corp.'s assets became final on Tuesday, Oct. 14. The new parent company of Alamo and Natinal is known as Vang...

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Davis Vetoes VLF Pass-through Surcharge

SACRAMENTO, Calif. -- California Gov. Gray Davis this month vetoed a proposed 5% car rental surcharge, a portion of which would have offset the industry's financial burden arising from a new Cal...

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Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

Which Hybrids Pay Back the Quickest?

After five years and 15,000 miles of driving per year, are there any hybrids that actually have a lower cost of ownership than their gas-engine counterparts? One unexpected vehicle takes the prize.

How Far Will Cell Phone Bans Go?

The federal government means business with its new law banning cell phone use while driving commercial vehicles. Can the laws go even further, and how should fleets react?

Righting a Wrong in Arizona

Arizona is one of a super minority of states in which auto rental companies are required by statute to pay for the negligent acts of their renters. Look for new legislation in the coming weeks that proposes to change that.

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