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Rental car companies large and small grapple with tight lending, lower demand and two supplier bankruptcies. Is the industry heading in the right direction?
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The economic storm of 2008-2009 is causing shifts in the auto rental industry both in front of and behind the rental counter. Can you adjust to new market conditions and take advantage of this opportunity, or will you simply try to weather the storm?
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Banks want more assurances than ever that your business is healthy. Having an answer to these 10 questions will help keep your credit lines safe.
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The chauffeured transportation industry has been fighting WeDriveU operations nationally on the grounds that the program does not adhere to the rules and regulations required of chauffeured transportation operators of luxury vehicles.
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The new fuel extraction unit from Extreme Fuel Transfer Systems Inc. uses patent-pending technology to simultaneously remove fuel from up to six vehicles at a time.
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More than 400 auto rental professionals gathered in Las Vegas at the 2009 Car Rental Show to address the challenges facing the industry. This year, the funding crisis and credit crunch were prevailing themes in the seminars, panels and roundtable discussions.
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These four battle-tested profit ideas were created by licensee and independent car rental operators. They’re ready to work for your company right now.
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This revenue and expense ratio system makes it easier to interpret financial data so you can work on improving specific areas of your business. Which metric is most important?
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An operator suggests tougher laws and a nationwide “do not rent” list to deter renters from lending a rental car to be used in criminal activities.
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