Tagged Dollar Thrifty

The Q1 Car Rental Crystal Ball

How are high fuel prices and the Japan crisis affecting supply and demand for car rental?

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Dollar Thrifty Profit Slides in Q1

Net income for the first quarter of 2011 is $16.5 million, down from $27.3 million a year earlier. Rental revenues were adversely impacted by the winter storms and a weakened pricing environment following the storms, the company said.

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Car Rental Majors: Looking Forward

On their fourth quarter and full-year 2010 earnings calls, the three public car rental companies look into the crystal ball on prepaid rentals, franchising, new remarketing channels and growth opportunities.

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Public Rental Companies Release Dates for First Quarter 2011 Financial Results

Hertz, Avis Budget, Dollar Thrifty and Zipcar will hold conference calls on April 27, May 4, May 5 and May 11 respectively.

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DTAG Announces Director Slate for Annual Meeting

All nominees currently serve on the Board. Thomas Capo, who had previously announced his intention not to stand for re-election, agreed to stand for re-election at the request of the Board.

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Dollar Thrifty Automotive Group Revises 2011 Guidance Upward

The company now expects corporate aAdjusted EBITDA, excluding merger-related expenses, to be within $235 million to $260 million for the full year of 2011, an increase of $60 million, or approximately 30 percent, from the company's previously announced guidance range.

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Car Rental Majors: the 2011 Crystal Ball

On their fourth quarter and full-year conference calls last week, the three public car rental companies—Hertz, Avis Budget and Dollar Thrifty—talk merger, prepaid rentals and plans for growth.

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Dollar Thrifty Reports $131.2 Million Net Income for 2010

Dollar Thrifty Automotive Group increased net income from $45 million in 2009. The company noted that rental revenue was flat on a year-over-year basis.

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Avondale Report: Positive Earnings Outlook for 2011

The independent investment banking firm reports that growing travel budgets, fleet discipline and potential consolidation are setting the stage for “robust” earnings in 2011 for the public car rental companies.

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Dollar, Thrifty Offering Handicap-accessible Minivans in Central Texas

Dollar and Thrifty recently began offering fully-equipped handicap-accessible minivans through locations in Austin, Texas and Killeen-Fort Hood, Texas.

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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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