Car Rental Company May Sue City over Fatal Police Accident
The accident, which involved a 2006 Dodge Viper, claimed the life of a police department's top traffic safety officer.
The accident, which involved a 2006 Dodge Viper, claimed the life of a police department's top traffic safety officer.
Enterprise Rent-A-Car reports it will be terminating employees from its St. Louis-area workforce in the information technology area and with some in administration.
Hertz and other agencies have raised rates to remain profitable, and more companies are considering doing the same.
Avis Budget Group cuts 700 jobs and records a third quarter loss of $1.0 to $1.2 billion. However, analysts predict the company will stay compliant with its debt covenants.
In an unexpected move, the Federal Trade Commission (FTC) announced that it will delay its planned enforcement deadline of the Red Flags Rules to May 1, 2009.
Zipcar is adding nearly two dozen new schools to its program as well as adding more vehicles to existing campuses.
Renting with Advantage in select cities can earn up to 10,000 miles
Its growth in Arizona prompted Advantage to open the new facility serving the Tucson International Airport.
Enterprise is one of eight recipients of the 2008 Global Vision Awards based on new travel and tourism standards.
Michael Millman of Soleil Securities says the move might allow the company to act on strategic alternatives more quickly. The analyst expects Hertz to acquire the company.
The used-vehicle market is feeling the impact of double-digit year-over-year declines in retail sales resulting from a lack of traffic and diminished credit availability.
Fitch says the affirmation of Hertz's ratings reflects the strength of the company's stable market position, positive free cash flow generation, and good collateral coverage for its debt.
Frozen bond markets force the Port of Seattle Commission to vote to use up to $20 million from Sea-Tac Airport's cash reserves to ensure that construction of the $382 million rental car facility continues.
Amex Business Travel expects car rental rates to grow at a slower pace than airfares and hotel rates, if any growth at all.
In other appointments, R. Scott Anderson, senior executive vice president, will now be responsible for all corporate store operations, global sales and marketing efforts and franchise operations.
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