Merger Talks in Holding Pattern

While Avis Budget and Dollar Thrifty wait for an FTC ruling, the three public companies report solid financials.


Redefining Fleet Management in an Era of Zero-Growth Budgets

The forecast is that calendar-year 2011 will be a repeat of 2010 for most public sector fleets. The persistently sluggish economy promises to dominate the majority of fleet decisions in calendar-year 2011, just as it did in 2010. Public sector fleets will continue to be pressured to lower capital expenditures and reduce operating costs to compensate for tax revenue shortfalls. Here's a forecast of what to expect in 2011.


Industry Realignment: What Now?

Avis is asking the FTC to bless a merger between four out of the seven major brands. Something has to give.


Hertz Reports Strong Q3 Results

Hertz Global Holdings Inc. reported third quarter 2010 worldwide revenues of $2.2 billion, an increase of 7.1 percent year-over-year. Transaction days for the car-rental segment grew 8.2 percent, while the rental rate per transaction day rose 1.1 percent.


Dollar Thrifty's Earnings Surge in Q3

Dollar Thrifty Automotive Group Inc.'s net income grew to $49.16 million in the third quarter compared with $30.09 million in the prior-year period, constituting the best quarterly financial performance in company history, company executives said.


Enterprise Advocates for Car-sharers on Excise Taxes

The car rental company urges for-profit car-sharing operators to join the broad-based coalition against discriminatory car rental excise taxes.


Hertz to Acquire Australian Car Sharing Company Flexicar

The acquisition brings Connect by Hertz, the car rental company’s global car sharing club, into its sixth country.


Will Rental Companies Have to Fix Recalls Before Renting?

Consumer groups are asking the Federal Trade Commission to require rental car companies to abide by the same rule as auto dealers.


Avis Budget Partners With Frontier Airlines, JetBlue Airways

The car rental company’s dual agreements will provide Frontier’s EarlyReturns members and JetBlue’s TrueBlue members with savings on Avis rentals.


Budget Introduces “Budget Bucks Payback” Promo

Through March 31, 2011, Budget Fastbreak members who rent from Budget twice will receive $25 in Budget Bucks that can be used just like cash toward a future rental.


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

A Seminal Moment for the Global Car Rental Industry

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