Hecker Faces Federal Grand Jury
The former Advantage Rent a Car owner's June bankruptcy filing is now only the least of his worries.
The former Advantage Rent a Car owner's June bankruptcy filing is now only the least of his worries.
American Society of Travel Agents (ASTA) estimates its agents' share of car rental sales is 25 percent of total sales. Chris Russo, ASTA president, thinks that total should be higher.
Indicative of a national trend to tighter rental fleets, Tulsa International Airport's rental car companies are often sold out during the week.
Car rental operators at the Yampa Valley Regional Airport believe the proposed car rental tax increase, the highest car rental tax in all of Colorado, could cause them to lose business to neighboring cities.
Enterprise Holdings Inc. announced that its indirect, wholly owned subsidiary, ARG Funding Corp., has commenced a tender offer to purchase for cash any and all of its specified rental car asset backed notes.
“I am yet to find anyone who remembers a time when the market has retained such strength over the summer and into the fall,” says Dan Galves regarding current wholesale market conditions.
KAR Holdings, Inc. is the holding company for ADESA, Inc., a leading provider of wholesale used vehicle and salvage auction services in North America. Timing has not been announced.
Beginning Sept. 14, Zipcar will add 12 new vehicles in reserved parking spots on city streets in the neighborhoods adjacent to UCLA and USC.
The legislation is intended to drive new consumer spending from foreign visitors, who spend an average of $4,500 per person, per trip in the U.S.
The rental car facility at Tampa International Airport's main terminal will expand by 15 to 20 percent.
According to ADESA Analytical Services' monthly analysis of Wholesale Used Vehicle Prices by Vehicle Model Class, wholesale used vehicle prices in August averaged $9,949 -- a 0.7 percent decrease from July but a 3.9 percent increase from August 2008.
Bob Barton, president of the American Car Rental Association, provides a post-mortem analysis on “Cash for Clunkers” on the Auto Focus blog.
The sale of the Dollar Rent A Car franchise in Oklahoma City marks the 11th conversion of a corporate store to a franchised operation in 2009 as part of Dollar Thrifty's ongoing strategy of refranchising smaller airport markets.
In addition to the 115 corporate-owned locations of the Dollar Rent A Car and Thrifty Car Rental brands that were closed in 2008, the company plans to close 10 additional locations during the remainder of 2009.
For the fourth consecutive year, Enterprise has been named one of the best companies for new college graduates to launch their careers by BusinessWeek.
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