Hertz Declares Quarterly Dividend

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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National Offers Time-saving Refueling Option

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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CAR 2001 to Feature Thrifty's Himelfarb

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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Avis Becomes Partner in US Airways Dividend Miles Program

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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Dollar Extends 15% Commission for Florida Bookings

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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Avis Launches Web Site for Meeting Planners

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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German Court Rejects Sixt Appeal, Rules in Favor of Budget Group

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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ANC Reports $44 Million Fourth Quarter Net Loss

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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Ford, Hertz Reach Agreement on Per-Share Selling Price

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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Dollar Thrifty Automotive Group Announces Revenue Growth in 2000

Dollar Thrifty Automotive Group on Jan. 31 announced record results for the full year 2000. Total revenue for 2000 was $1.083 billion, an 8.5% increase over the $999 million total revenue in 199...

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Thrifty's Don Himelfarb to Speak at CAR 2001

Don Himelfarb, president and CEO of Thrifty Rent-A-Car Systems, will speak to the six annual Conference of Automotive Remarketing in Las Vegas on March 21. He will address vehicle remarketing is...

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Avis Predicts Cendant Acquisition to Close on March 1

Avis Group Holdings on Jan. 30 reported results for the fourth quarter and full year 2000 and stated that it expects the Cendant Acquisition to close March 1. Avis Group's consolidated net incom...

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Budget Reports Strong Holiday Sales

LISLE, Ill. -- Following several weeks of improving rental and reservation trends since Sept. 11, rentals for Budget Rent a Car during the Christmas and New Year holidays were strong, averaging ...

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NavLynx Technologies Fights Auto Theft

Budget Auto Canada, Inc.’s Budget Car Rental of Toronto successfully located a stolen vehicle within five minutes using their new NavLynx Telematics service. The missing Ford Explorer was foun...

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Budget EV Rental Cars’ Fleet Hits 1 Million Miles

Budget EV Rental Cars, a joint effort of EV Rental Cars and Budget Rent a Car Corporation, reached a historic milestone when its environmental rental vehicle fleet hit its millionth mile.As of t...

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Rental Company Checks Passengers onto Flights

At McCarran International Airport in Las Vegas, the interminal Alamo location is now the first to offer a new service allowing passengers to check in for their flight at the same time they drop ...

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Online Travel Service Pulls Together Web’s Best Deals

SideStep, a new Internet technology company that brings travel buyers directly to supplier sites to book their travel, gives travel buyers access to the inventory of more than 80 trusted airline...

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Dollar Thrifty Reservations From Internet Equal 25.9%

Of all third quarter 2000 retail reservations for Dollar and Thrifty, 25.9% were booked over the Internet. Reservations coming from the companies’ own websites, Dollar.com and Thrifty.com, accou...

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Book Your Next Rental From Southwest Airline’s Website

Because Southwest Airline passenger revenue from its website has grown to 30%, the company has decided to offer car rentals on the site as a customer convenience.Alamo, Budget and Hertz, all lon...

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Payless Car Rental Continues to Keep Its Website on the Cutting Edge

In an effort to continually offer its customers an up-to-date and technologically advanced website, Payless Car Rental recently added a German translation of the company website. This language a...

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

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