ANC Rental Files for Chapter 11 Protection

FORT LAUDERDALE, Fla.-- ANC Rental Corp., the parent company of Alamo Rent A Car and National Car Rental, filed Tuesday for reorganization under Chapter 11 of the U. S. bankruptcy code. The fili...

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Sluggish Economy Takes Toll on Third Quarter

Because of the travel slump and economic slowdown, both Dollar Thrifty Automotive Group Inc. and Hertz reported major drops in third-quarter profits compared to last year’s figures. However, Bud...

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Budget Rolls Out Blue Truck Fleet

LISLE, Ill. -- Budget Group Inc. has launched a new fleet of blue moving trucks that will eventually replace the company’s current yellow Ryder TRS and white Budget Truck Rental vehicles. The ne...

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Payless Adds Locations in Detroit

DETROIT-- Payless Car Rental System Inc. has expanded to the Detroit market with two new franchise locations in Southfield and the Detroit Metro Airport. The franchise openings are part of Payle...

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Enterprise Promotes COO to President

ST. LOUIS -- Enterprise Rent-A-Car Co. has promoted Donald Ross, the company's chief operating officer and senior executive vice president, to president. Andrew C. Taylor, who has served as the ...

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Thrifty Adds Stores in Venezuela, Uruguay

TULSA, Okla. - Thrifty Car Rental has opened stores in Venezuela and Uruguay for the first time. "South America is emerging as a major market for Thrifty as more and more international business ...

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Avis Third-Quarter Car Rental Revenue Down 11.5%

PARSIPPANY, N.J. – Cendant Corp., parent company of Avis Rent A Car System, reported that the company’s car rental revenue for the third quarter totaled $649 million –- an 11.5% drop from car re...

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Dollar Thrifty Third-Quarter Revenue Down 7.2%

TULSA, Okla. -- Dollar Thrifty Automotive Group Inc. announced that third-quarter profits were down 84% compared to the same period in 2000.The company reported third-quarter revenue of $299.6 m...

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ANC Reorganizes Executive Staff

FORT LAUDERDALE, Fla. -- ANC Rental Corp. announced the appointment of Lawrence J. Ramaekers as president and chief operating officer for the company. The company also announced that Karen Beard...

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Budget Launches Blue Moving Truck Fleet

LISLE, Ill. -- Budget Group Inc. is launching a new fleet of blue moving trucks for consumers and businesses that will eventually replace the company's current yellow Ryder TRS and white Budget ...

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Europcar Names NewV.P. of Sales & Marketing

ATLANTA -- Europcar, the largest international car rental company of European origin, announced that Henning Luessmann has been promoted to vice president of sales and marketing for Europcar Nor...

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Budget Group Affirms Third-Quarter Guidance

Lisle, Ill. -- Budget Group announced that the company expects to meet its previously announced earnings guidance for third quarter 2001. In spite of the travel slump brought on by the Sept. 11 ...

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David Siegel Named Avis CEO

PARSIPPANY, N.Y. -- Cendant Corporation's Vehicle and Financial Services Division has named David N. Siegel, 39, chairman and CEO of its Avis Rent A Car unit. Siegel is formerly president of Con...

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Connecticut Operator That Charges Speeders Awaits Hearing Decision

NEW HAVEN, Conn. – Acme Rent-A-Car, a small car rental company that drew national headlines after issuing customers speeding fines, is awaiting a decision on whether it violated Connecticut's Un...

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Payless Car Rental Opens Franchise at Chicago O'Hare International Airport

ST. PETERSBURG, Fla.-- Payless Car Rental System has expanded to the Chicago market with two new franchise locations in Buffalo Grove and Chicago O'Hare International Airport. The franchise op...

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Thrifty Car Sales Names New Managers

TULSA, Okla. -- Thrifty Car Sales has named Kim Bucci to the position of executive director of franchise sales and strategy. Steven DeGeorge has been named regional franchise sales manager. Both...

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Advantage Partners With SideStep

SANTA CLARA, Calif. -- SideStep (www.sidestep.com), a growing online travel service, has partnered with Advantage Rent-A-Car, the largest independently owned car rental agency in the West. Advan...

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Shapiro Elected ACTIF President

LAS VEGAS, Nev. -- The Association for Car and Truck Rental Independents and Franchisees (ACTIF) Board of Directors has elected Jim Shapiro president. Shapiro, owner and operator of Americar and...

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Dollar Thrifty to Reduce Staff by 20%

TULSA, Okla. -- Dollar Thrifty Automotive Group Inc. announced it is reducing staffing levels by approximately 20% because of the travel slowdown resulting from the Sept. 11 terrorist attacks. T...

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Payless Announces Record Revenue

ST. PETERSBURG, Fla.-- Payless Car Rental System Inc. announced company revenue and profit figures representing the largest in the 30-year history of the company. Payless Car Rental System and s...

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Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

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