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NewsMarch 1, 2002

Budget Appoints Belzberg, Sotir to Board

LISLE, Ill. -- Budget Group has appointed Morris Belzberg, a former Budget CEO, and Mark Sotir, the company’s current president and COO, to its board of directors. The company also announced tha...

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NewsMarch 1, 2002

Budget Teams with Roots Athletic Wear

LISLE, Ill. -- Budget Rent a Car has added an athletic wear manufacturer, Roots, to its Perfect Drive customer rewards program.Perfect Drive has a membership of more than 1 million Budget custom...

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NewsMarch 1, 2002

Car Rental Direct Secures $10 Million Credit

LOS ANGELES -- Car Rental Direct, a subsidiary of MAII Holdings, announced it has obtained a new $10 million line of credit from Ford Motor Credit Corp. CRD intends to use the credit line to fin...

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NewsFebruary 21, 2002

Acme Rent-A-Car Ordered to Return Speeding Fines

HARTFORD, Conn. -– The Connecticut Consumer Protection Department on Wednesday, Feb. 20, ordered Acme Rent-A-Car to return all money it has collected in speeding fines charged to customers since...

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NewsFebruary 20, 2002

Tennessee Tax Law Changed to Help Fund Arena

NASHVILLE, Tenn. -- Tennessee legislators last week approved a new car rental tax law, paving the way for a 2% surcharge on car rentals at Memphis International Airport to help fund construction...

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NewsFebruary 20, 2002

ANC Secures $1 Billion for New Car Purchases

FORT LAUDERDALE, Fla.-- ANC Rental Corp. announced it will use up to $1 billion of financing capacity by ARG Funding Corp., a wholly owned subsidiary, to purchase new vehicles. A U.S. bankruptcy...

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NewsFebruary 20, 2002

Dollar Thrifty's 4th-Quarter Loss: $13.8 Million

TULSA, Okla. -- Dollar Thrifty Automotive Group reported a net loss of $13.8 million, or 57 cents per share, for the fourth quarter of 2001. In comparison, the company posted net earnings of $6 ...

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NewsFebruary 20, 2002

North Carolina Transit Tax to Begin April 1

GREENSBORO, N.C. -- Despite opposition from local car rental operators, a local transportation board last week approved a 5% tax on all car rental transactions in North Carolina's Forsyth and Gu...

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NewsFebruary 19, 2002

Dollar Launches Frequent Flyer Sweepstakes

TULSA, Okla. -- Dollar Rent A Car has launched its "One Million Frequent Flyer Miles" Sweepstakes, giving customers the chance to win one of 10 monthly 100,000 frequent-flyer miles from the part...

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NewsFebruary 14, 2002

Alamo Opens New Operations in Australia

FORT LAUDERDALE, Fla.-- Alamo Rent A Car has expanded operations in Australia at major airport destinations, including Sydney, Melbourne, Canberra, Adelaide and Brisbane.Alamo joined forces with...

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