Avis Claims ‘Best Car Rental Company’ Awards
The car rental company was honored by U.K.-based Business Traveller magazine and received two awards for being the best car rental company worldwide and in Europe.
The car rental company was honored by U.K.-based Business Traveller magazine and received two awards for being the best car rental company worldwide and in Europe.
During the BusCon show, the Micro Bird G5 will be on display in the Propane Education and Research Council (PERC) Propane booth (No. 226) at the Navy Pier in Chicago. The show is open to industry trade representatives today and Thursday.
Hecker’s leasing company allegedly bought "risk" vehicles from Hyundai Motor America, but treated them as "repurchase" vehicles, leading lenders to believe that Hyundai would buy them back for a set price if they did not sell within a period of time.
TRALA President and CEO Tom James testified before Congress Tuesday in support of preservation of the existing federal law, known as the Graves/Boucher Law, which preempts states from imposing vicarious liability on owners of rented and leased vehicles.
One top Dollar Thrifty shareholder said Hertz’s cash-and-stock offer undervalues his holdings.
Dollar Thrifty press release states: "Avis Budget has not demonstrated to our satisfaction ... that it would adequately protect our shareholders in the event that Avis Budget is unable to obtain the required regulatory approvals."
The DMV rule states that motor vehicle renters should collect 10 percent rental tax on items such as parking tickets, delivery charges, pickup charges, recovery charges, pass through charges, transportation charges and third party service charges, because DMV considers these items to be part of the gross proceeds from the rental.
Avis Budget Group contends that Hertz anti-trust hurdles are "significant." Avis wants delay in shareholder vote.
Hertz's CEO Frissora calls Avis' letter: "Yet another press release with nothing new other than an admission, at last, that 'antitrust approval is a hurdle for an Avis Budget-Dollar Thrifty deal' ..."
Avis Budget: "Our revised offer of $45.79 in cash and 0.6543 shares of Avis Budget stock represents a meaningful premium over the revised offer from Hertz."
Mark Frissora: "Our agreement with Dollar Thrifty provides its shareholders with a substantial premium, deal certainty and a clear path to deal closure by year end."
Two franchisees and a property owner have filed an anti-trust lawsuit against Hertz Global Holdings Inc. and Dollar Thrifty Automotive Group Inc. on Sept. 23 in the San Francisco Federal Court.
The all new Saab 9-5 sedan with its stand-out looks and advanced technologies signals the start of a new era for the Saab brand and a fresh choice to the premium sedan segment.
The automaker said Michigan-based VRCG will represent it to the commercial, lease, fleet management and rental industries in the U.S.
The new Dock & Play radio, compatible with almost all Budget vehicles, offers renters the "XM Everything" package with more than 170 channels of programming. The devices are available for rent for $4.99 per day or $20 per week.
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