Tagged Dollar Thrifty
By Chris Brown , December 2011
What roles will independent car rental companies, car dealers and car-sharing technology play in the car rental industry in 2012? And will Hertz deal anew for a Dollar Thrifty merger?
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December 14, 2011 in Rental Operations
Thompson is also the company's president and CEO.
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By Chris Brown , November 2011
The three public car rental companies posted healthy third quarter results last week. While the quarter was characterized by price competition, healthy volumes and fleet rightsizing, the key driver was the used-car market. But what does the future look like?
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November 1, 2011 in Rental Operations
The company reported net income for the 2011 third quarter of $66.6 million on a 4.1 percent increase in rental days and fleet cost per vehicle of $186 per month, compared to $262 a month in 2010.
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By American Car Rental Association, November 2011 in Legislative
Through its various incarnations, the American Car Rental Association has
continuously advocated for major car rental companies, franchise owners and
large and small independents. Today, the association is stronger than ever.
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October 27, 2011 in Fleet Acquisition
While the company remains interested in obtaining FTC approval, Hertz announced Oct. 27 that it is withdrawing its exchange offer, which would have expired Nov. 1.
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October 12, 2011 in Rental Operations
After the company didn't receive any offers that its board approved of, it says it will continue to execute the current stand-alone plan.
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October 10, 2011 in Rental Operations
Back on Aug. 21, Dollar Thrifty had asked for final bids from Hertz and Avis, which dropped out Sept. 6. Though Dollar Thrifty did not accept an earlier bid from Hertz, a Hertz spokesperson says ‘Hertz remains interested.’
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September 14, 2011
In a regulatory filing today, Avis Budget Group Inc. said it is dropping its bid for Dollar Thrifty Automotive Group because of “current market conditions.”
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By Chris Brown , September 2011
What made Avis decide to publicly announce dropping its bid for Dollar Thrifty?
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Auto Focus Blog: A blog covering fleets, auto rental and the business of cars
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