Amendment to Budget's Revolving Credit Facility Draws Approval

Budget Group said the company's lender group has approved, effective February 9, 2001, an amendment to its revolving credit facility maturing in 2003, which restores availability up to $550 mill...

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ACTIF, Auto Rental News Set Car Rental Forums for Philadelphia, Phoenix

The Association for Car and Truck Rental Independents and Franchisees (ACTIF), in conjunction with Auto Rental News, has scheduled a seminar series for two locations: Philadelphia and Phoenix. C...

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United, Alamo and CAPS Team Up to Offer Remote Airport Check-in

United Airlines has established a partnership with Las Vegas-based Certified Airline Passenger Services (CAPS) that gives passengers the convenience of remote airport check-in for multiple airli...

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Albuquerque Airport Car Rental Facility Set to Open on St. Paddy's Day

Albuquerque International Sunport's new $45 million consolidated car rental center is scheduled to open on Saturday, March 17. The new facility occupies 14,000 square feet and is located on a 76...

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Research Firm Estimates Car Rental Reservations Will Pass the $1 Billion Mark in 2001

According to International Data Corp., online car rental reservations will pass the $1 billion mark in the U.S. this year. IDC is a market research firm....

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Manheim Auctions Offers Condition Report Writing Course

Manheim Auctions' National Training Center in Nashville, Tenn., has released its class schedule for 2001. Classes include Condition Report Writing and Frame and Structure. For information about ...

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European Online Travel Company Signs Deal With Alamo

A leading European online travel company, ebookers, has signed an agreement with Alamo Rent A Car that lets ebookers offer discount rates on Alamo services in the U.S. and Canada. Through its 10...

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Primus Financial Services Launches Primus Commercial

Primus Financial Services, based in Franklin, Tenn., has created a commercial lending division to provide finance and lease solutions for commercial customers. The new division, Primus Commercia...

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Dollar Rent A Car Goes Wireless

Dollar Rent A Car customers can now book a vehicle directly through dollar.com from popular personal data assistants (PDAs) such as the Palm VIIx, Handspring, or any Palm OS device that has Inte...

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Payless Opens Nicaraguan Operation

Payless has executed an international license agreement with Norma Flores Molina, owner of El Dorado Rent A Car. Two locations are now open in Managua, the capital of Nicaragua. Payless will be ...

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Ford Completes Offer to Acquire Hertz

Ford Motor Co. said Monday it has completed the company's $710 million tender offer for the remaining shares of Hertz Corp. Ford paid $35.50 per share -- a premium of 46% over the price of Hertz...

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Budget Shareholder Meeting Scheduled for May 17

Budget Group Inc. has scheduled its annual shareholder meeting for Thursday, May 17, at company headquarters in Lisle, Ill. Budget owns Budget Rent a Car and Ryder TRS....

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Dana Clay Retires from TSD Inc. Position

After a 20-year career in the auto rental industry, former ACTIF President Dana H. Clay has decided to retire from his position at TSD Inc. in Andover, Mass. He will continue to work as a board ...

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Avis Shareholders Overwhelmingly Approve Cendant Corp. Merger

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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Thrifty Launches Speech Recognition Phone Program to Assist Customers

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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Budget Group Inc. Appoints Abbott VP and Treasurer

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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Budget's Lender Group Approves Amendment to Revolving Credit Facility

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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Thrifty Launches Double-Miles Promotion for Air Canada's Frequent Flier Program Members

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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Dollar Supports Industry Rate Increase

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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Honolulu Offers Lowest Car Rental Rates

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

Understanding The Fleetification of Everything

As fleet miles increase exponentially, and as new stratum of fleet enter both consumer and business use cases, the "founding fathers" who gathered at Fleet Forward in Miami last week have some work to do.

The Problem with Valuing Safety Technology

As advanced safety technologies have migrated to mainstream vehicles, retaining value for these options at resale remains an issue.

ELD Mandate: Is Your Head Still in the Sand?

If you think you have 11 weeks to implement an Electronic Logging Device system to meet the Dec. 18 compliance deadline, you really don’t — for a few reasons.

Job Finder: Access Top Talent. Fill Key Positions.

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