After seizing and selling assets held by auto dealer Denny Hecker, Chrysler filed a lawsuit accusing him of defaulting on car, real estate and personal loans and vehicle lease agreements.
In an effort to de-leverage its balance sheet and to match its fleet financing capacity with fleet inventory levels appropriate for current and expected market conditions, the company has reduced excess borrowing capacity and given notice of termination on two fleet financing structures.
Eckhaus Fleet announces the opportunity to drive the new 2009 ZENN all-electric vehicle at the 2009 Car Rental Show.
Readers' responses included setting rental cars on fire and racing rental cars on the road.
North Dakota car rental agencies' insurance companies will be responsible for all damages to rental cars if someone gets into an accident.
Current plans are for the company's fleet to have an equivalent number of cars to the existing demands on the two companies it is replacing, Budget and Dollar.
Company plans to nearly double metro area fleet of 110 vanpool vehicles in next year; Rideshare helps reduce traffic congestion, vehicle emissions and commuter expenses.
The spike in the perceived affordability of travel appears to be a direct result of many travel suppliers' recent efforts to stimulate short-term demand through the aggressive promotion of discounted fares and rates.
Ohio State University (OSU) switches to Connect by Hertz partly because of the company's flexibility to tailor the program and marketing to OSU.
According to Kelley Blue Book, the demand for fuel efficient vehicles has dropped significantly as more consumers base their purchase decisions on vehicle transaction price.
From now until May 20, Enterprise will offer a 50 percent discount off of standard weekday rates when customers rent Friday through Monday.
Average wholesale used vehicle prices have risen by almost $750 since their trough in October, according to Adesa auction data.
Under the new “Drive-Out” program, Alamo customers traveling from select cities in Florida can rent cars for as little as $10 per day for economy through midsize cars.
Lawmakers seem receptive to arguments that rental agencies were being singled out to pay for broader needs.
Plans to build the $412 million rental car project at Sea-Tac Airport may begin this year, after the project was suspended in December due to frozen bond markets.
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