March 1, 2001
Avis Group Holdings announced that shareholders at a special meeting approved Cendant Corp.'s acquisition of Avis Group Holdings Inc. at a price of $33 per share in cash. A total of 99.6% of the...
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March 1, 2001
Thrifty Car Rental, a subsidiary of Dollar Thrifty Automotive Group, has collaborated with SpeechWorks International to launch a speech-recognition program aimed at assisting customers who call ...
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March 1, 2001
Budget Group Inc., headquartered in Lisle, Ill., has named Katherine L. Abbott the company's vice president and treasurer. Abbott, 49, most recently served as managing director in the National B...
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February 28, 2001
Budget Group said that its lender group has approved an amendment to the company's revolving credit facility maturing in 2003, which restores availability up to $550 million.Budget Group will al...
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February 28, 2001
Thrifty Car Rental has launched a double-miles promotion for members of Aeroplan, Air Canada's frequent flier program. Members who rent two days or more will receive 1,000 miles per qualifying r...
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February 28, 2001
In response to ANC's new rate increases, Dollar Rent A Car announced plans to raise rates as well.ANC's divisions, Alamo and National, are raising U.S. rates by $3 per day and $20 per week on al...
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February 28, 2001
Based on an analysis of 100 metropolitan areas nationwide by Runzheimer International, Honolulu has the lowest car rental rates in the U.S. Runzheimer International is a management consulting fi...
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February 28, 2001
Avis Rent A Car has captured the top industry prize in the third annual Brand Keys 2000 Customer Loyalty Awards, marking the second straight year that Avis has led the rental car field.Avis rece...
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February 26, 2001
Tom Webb, chief economist at Manheim Auctions, is set to forecast used car sales projections at the upcoming Conference of Automotive Remarketing. The conference will be held March 19-21 at the ...
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February 26, 2001
Budget Group has signed a letter of intent to sell its corporate operations in Manchester and Birmingham, England, to Jaeban U.K. Ltd, a current Budget franchisee. Budget said it expects the sal...
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February 26, 2001
Avis Rent A Car has become a new partner in the US Airways Dividend Miles program. Under the agreement, Dividend Miles members can earn one mile for every $1 spend on qualifying corporate and go...
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February 26, 2001
The Hertz board of directors declared a quarterly dividend of $0.05 per share on the company's class A and class B common stock, payable on March 9. The dividend applies to shareholders of recor...
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February 26, 2001
National, a division of ANC Rental Corporation, has launched a new time-saving refueling option that lets Emerald Club members have their returned car refueled by National service agents at loca...
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February 21, 2001
Don Himelfarb, president and CEO of Thrifty Rent-A-Car Systems, is set to speak about car rental remarketing issues at the sixth annual Conference of Automotive Remarketing (CAR), scheduled for ...
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February 21, 2001
Avis Rent A Car has become a new partner in the US Airways Dividend Miles program. Avis now offers Dividend Miles members opportunities to earn frequent flier benefits when renting a car....
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February 21, 2001
The Florida Division of Dollar Rent A Car Systems has extended through July 10 its 15% commission for domestic travel agencies that book leisure rentals with Dollar in Florida. The 15% commissio...
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February 21, 2001
Avis Rent A Car has launched a new Web site, www.avis.com/meetings, designed for meeting planners. The site gives meeting planners access to their own customized Web pages for posting individual...
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February 21, 2001
The German Federal Court of Justice on Feb. 13 rejected an appeal by Sixt GmbH & Co Autovermietung KG. The court upheld a January ruling that Budget's 1997 termination of its licensing agreement...
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February 7, 2001
ANC Rental Corporation on Jan. 31 announced a net loss for the fourth quarter 2000 of $44 million, or 98 cents per diluted share, on revenue of $805.1 million. This compares to a net loss of $95...
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February 7, 2001
Ford Motor Company and the Hertz Corporation announced Jan. 16 they have reached an agreement for Ford to acquire all the publicly held shares of common stock of Hertz at a price of $35.50 per s...
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Auto Focus Blog: A blog covering fleets, auto rental and the business of cars
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