DTAG Acquires Twin Cities Operations

TULSA, Okla. --- Dollar Thrifty Automotive Group has acquired the Dollar Rent A Car franchise operation at the Minneapolis-St. Paul International Airport. The acquisition adds approximately 500 vehicles to the company's corporate fleet. Terms of the transaction, effective June 1, were not disclosed.

Preferred Car Rental LLC, operated by Joanne and Tom Kieffer, sold the franchise to Dollar Thrifty. Preferred has been a franchisee in the Dollar Rent A Car system since 1992, winning Dollar's President Cup award for the past seven years. The award honors the Dollar location with the top performance in revenue growth and customer service.

In 2005, the Minnesota airport served a record 37 million passengers. That number places the Twin Cities among the top 25 airport markets in the country.

The acquisition is part of a larger Dollar Thrifty strategy outlined three years ago, with a goal of securing operations in the top 75 airport markets. Since 2003, the company has taken over locations in 56 U.S. and Canadian markets. It has also opened 31 Greenfield locations. The company said that hose moves added approximately 31,000 vehicles to its rental fleet on an annualized basis.

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.

>