Advantage Appoints Director of Sales
The car rental company recently hired Jim Bascom to the position.
The car rental company recently hired Jim Bascom to the position.
Avis Budget Group Inc. reported profits of $24 million in the second quarter, from a loss of $1.05 billion a year ago.
Adjusted net income was $97.4 million, an increase of 35.7% compared with the second quarter of 2006.
The new technology will allow the car rental company to lower costs by speeding the return of damaged vehicles back into service.
Rates in Orlando start at $15 a weekend day with online booking and self-service rental.
Campaign generates double-digit increases in buyers and units sold.
The car rental company's S&P ratings and outlook remain consistent after the Vanguard buyout.
Chairman and CEO Mark P. Frissora is set to speak at the 10th annual JP Morgan conference in Dearborn, Mich.
A Power Information Network study reports that Scion, Honda and Mini are tops in retained value. GM makes most-improved list.
Kline Corporation announced this week the company is refocusing its remarketing division with the addition of Brian Westphal as internet marketing director.
With international car rental companies turning their attention to the Indian market, the car rental industry in India is expected to expand rapidly.
Dollar Thrifty reported net income of $15.3 million, or $0.63 per diluted share, compared to $26.7 million, or $1.04 per diluted share for the comparable 2006 quarter.
Gary Paxton: "We are absorbing higher vehicle financing costs as a result of lower credit ratings in the auto industry. While raising rental rates is the key to offset these vehicle related cost increases, we are also taking steps to further reduce operating costs.”
Taylor family says Enterprise Rent-A-Car is "set to operate Vanguard Car Rental and its National Car Rental and Alamo Rent A Car businesses as a separate subsidiary for the foreseeable future."
Rhode Island Gov. Donald Carcieri vetoed House Bill 5547, which sought to allow claimants and insured parties to use the car rental company of their choice.
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