
Government Affairs Executive Wins Leading Rental Car Industry Award
Robert Muhs started in the car rental industry with Avis Budget Group two years before the first International Car Rental Show.
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Robert Muhs started in the car rental industry with Avis Budget Group two years before the first International Car Rental Show.
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The former CEO of the Global Business Travel Association leaves his post after an investigation into professional work conduct allegations against him.
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Membership in the American Car Rental Association is more crucial than ever to help car rental companies navigate the Stimulus 4.0 or CARES 2.0 packages, airport concessionaire relief, and liability protection.
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Car rental operators implementing new customer processes as a result of the coronavirus pandemic must consider state laws regarding remote, electronic, and extended transactions — especially those not yet updated for the digital age.
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The Bureau of Alcohol, Tobacco and Firearms investigated the scene and determined the fire had been set inside the building.
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The potential delisting pertains to New York Stock Exchange regulations that require the average daily closing price of the company’s stock to be more than $1 a day over a consecutive 30-day trading period.
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While ACRA’s federal policy priorities for a CARES 2.0 include rent and minimum guarantees relief at airports and liability protection, members are encouraged to sign a letter to jumpstart the Main Street Program.
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The bankruptcy petition lists liabilities of $500 million to $1 billion with estimated assets of $100 million to $500 million.
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Rental car companies will be cited if they rent vehicles to people who are supposed to be in quarantine.
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Forty-six vehicles, worth collectively around $1 million, were stolen from 17 dealerships and one Enterprise.
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The changes expand the pool of businesses eligible to borrow and lowers the minimum loan size.
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