Tagged fleet financing
January 20, 2012 in Rental Operations
Since starting in 2007, China Auto Rental has grown a fleet of 26,000 and said it hopes to take this number up to 100,000 in 2015.
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November 7, 2011
Transaction provides incremental liquidity for funding its European fleet.
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By Jim Tennant, February 2011 in Fleet Acquisition
Buying out or merging with another rental company can be a quicker path to new revenue than opening up a brand new store—if you can avoid the pitfalls going in.
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By Mark Eckhaus, Tim Yopp and Jack Goode, September 2010 in Fleet Acquisition
It’s time to fleet up. Do you know what your lenders are planning?
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July 7, 2010
The car rental company closed an offering of €400 million in senior notes and completed a €220 million revolving credit facility. It also plans to close a €400 million asset-backed securitization facility tomorrow.
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June 23, 2010 in Fleet Acquisition
The car rental company said the transaction will provide additional long-term fleet funding before the next scheduled fleet debt matures.
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By Chris Brown, September 2009 in Rental Operations
One Chicago-based independent has figured out how to serve the market of credit-challenged customers without getting burned. Now if he could only get more cars.
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By Chris Brown , June 2009
Enterprise CFO Bill Snyder spoke recently with Auto Rental News on how Enterprise funds its fleets (Enterprise Rent-A-Car, National Car Rental and Alamo Rent A Car), and on the company’s outlook on the current financial market.
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By Chris Brown , June 2009
With the cost of capital at a staggering 12-15 percent today, two rental car company announcements to lease fleet vehicles provide an indication as to how deals will get done moving forward.
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By Amy LeSage, February 2003 in Fleet Acquisition, Fleet Insurance
There are several steps you can take to help determine whether you should purchase new or pre-owned vehicles and how you should finance your fleet.
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Auto Focus Blog: A blog covering fleets, auto rental and the business of cars
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.
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?
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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