DTG Acquires Thrifty Franchise in Memphis

TULSA, Okla. -- Dollar Thrifty Automotive Group Inc. announced the acquisition of the Thrifty Car Rental franchise in Memphis, Tenn.

The purchase includes the Thrifty operation at Memphis International Airport as well as a suburban location. Terms of the agreement were not disclosed.

"We are looking forward to operating the Thrifty brand corporately in Memphis," said Jay Foley, senior executive vice president for corporate operations. "DTG's acquisition of these franchised locations is consistent with our plan to operate larger U.S. locations corporately."

The Memphis acquisition adds approximately 300 vehicles to DTG's corporate operations. As a result of DTG's aggressive acquisition activities and the opening of greenfield locations, the company has added approximately 14,000 vehicles on an annualized basis to the company's U.S. rental fleet in 2003. For the first nine months of this year, DTG's corporate U.S. rental fleet averaged approximately 75,000 vehicles.

Comment On This Story

Name:  
Email:  
Comment: (Max. 10000 characters)  
Please leave blank:
* Please note that every comment is moderated.

Newsletter: Sign up to receive latest news, articles, and much more.

Read the latest

Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

Five Business Model Trends for 2017

As new forms of mobility take flight, the borders with traditional car rental are starting to erode.

Are Commercial Drone Deliveries Eminent in the U.S.?

Amazon just delivered its first package by drone in England. Will U.S. delivery fleets be able to take advantage soon?

Autonomous Vehicles and the Changing Role of the Fleet Manager

With fewer drivers and substantially longer fleet lifecycles, fleet managers will pivot to new job functions.

Job Finder: Access Top Talent. Fill Key Positions.