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.


Dollar Thrifty Expects to Post 3rd-Quarter Profit

The company says economic challenges may exacerbate the seasonal downturn in rental operations this year.


Arson Suspected in Calif. Enterprise Lot Fire

Four vans and a pickup truck were burned. Damage to a maintenance building was about $25,000 to $30,000.


Australian Car Rental Site Put to the Test

The site, named Vroom Vroom Vroom, has a price matching guarantee and deal for $10 back, but when tested, wasn't always the best option.


Avis Budget Expects Pretax Loss of $1 Billion in Q3

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.


FTC Extends Red Flags Compliance Deadline to May 1, 2009

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.


Amex Predicts Slow to Negative Growth Rates for Air, Hotel and Car Rental in 2009

Amex Business Travel expects car rental rates to grow at a slower pace than airfares and hotel rates, if any growth at all.


Sea-Tac Dips into Reserves to Pay for CFC

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.


Fitch Revises Hertz Outlook

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.


Wholesale Used-Vehicle Prices Flat, but SUV and Pickup Prices on the Rise

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.


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

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