August 3, 2010
Total revenue flat due to planned reduction in leasing to franchises. Same-store revenue up 2.9 percent. Revenue gains for vehicle rentals partially offset by drop in rental days, though volume improving. Utilization up. Strong used-car market keeps vehicle depreciation costs in check.
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July 29, 2010
Bid of $46.50 a share tops Hertz offer, though lower than Dollar Thrifty’s current stock value. Avis bid includes “removing the matching rights, eliminating the break-up fees, and increasing the commitment to secure antitrust approvals,” according to an Avis Budget Group letter to Dollar Thrifty.
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July 28, 2010
Enterprise will make 500 Nissan LEAFs available in select markets beginning in January 2011. Electric vehicles from other manufacturers will also be offered to customers as they become available.
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July 28, 2010
Although Dollar Thrifty has already signed a merger agreement with Hertz Global Holdings, Avis has expressed interest in making a ‘substantially higher bid’ for the company.
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July 28, 2010 in Legislative
If the bill becomes law, the state’s airports could collect a daily fee, but it would not be mandated.
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July 28, 2010
Beginning in August, Dollar will be the exclusive car rental provider for JetBlue Getaways, which provides customer-defined vacation packages and deals that bundle JetBlue airfare, hotel and/or a rental car.
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July 28, 2010
The center will assist retail customers, business people and government employees with car and equipment rental needs.
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July 28, 2010
The new SIRIUS XM Radio service will be available at more than 70 Avis airport and off-airport locations in the U.S.
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July 28, 2010
The rental car provider will use the Peopleclick Authoria talent management suite to manage employee lifecycles and identify future organizational leaders.
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July 28, 2010
At the two-day meeting, a select number of car and truck rental operators will be able to exchange information in an effort to improve their companies’ efficiency and profits.
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There were over 20 countries/regions represented at this year's Car Rental Show.
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Auto Focus Blog: A blog covering fleets, auto rental and the business of cars
Understanding the other side of the claims process can give independent RACs the tools to get more replacement business.
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