DTG to Acquire L.A., San Diego Thrifty Franchises

TULSA, Okla. -- Dollar Thrifty Automotive Group Inc. has reached an agreement to acquire the Thrifty Car Rental franchise operations in Los Angeles and San Diego. The sales are due to close Nov. 1.

The Thrifty Los Angeles operation is located in-terminal at Los Angeles International Airport, one of the busiest airports in the world. The Thrifty San Diego location services San Diego International Airport.

The two acquisitions add approximately 3,300 vehicles, on an annualized basis, to the company's corporate rental fleet. The terms of the transactions were not disclosed.

"With the acquisition of the Los Angeles and San Diego franchises, the company now operates both the Dollar and Thrifty brands corporately in the top California airports," said Jay Foley, senior executive vice president of corporate operations. "The added presence in Southern California, along with existing significant operations in Hawaii, Florida, Las Vegas and Phoenix, accents the strong leisure coverage for Dollar Thrifty."

Since announcing its corporate growth strategy to acquire locations in the top 75 U.S. airports from existing franchisees, DTG has acquired 35 key U.S. and Canadian markets. The company has also opened eight new Dollar or Thrifty locations, adding approximately 26,000 vehicles, on an annualized basis, to the company's rental fleet.

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

The Problem with Valuing Safety Technology

As advanced safety technologies have migrated to mainstream vehicles, retaining value for these options at resale remains an issue.

ELD Mandate: Is Your Head Still in the Sand?

If you think you have 11 weeks to implement an Electronic Logging Device system to meet the Dec. 18 compliance deadline, you really don’t — for a few reasons.

Who Controls Your Vehicles’ Data?

In the name of security, an automaker’s alliance is advocating denial of third-party access to the OBD-II port. Is this going too far?

Job Finder: Access Top Talent. Fill Key Positions.

>