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NewsSeptember 10, 2012

Hertz Commences Tender Offer for Dollar Thrifty

Upon the successful closing of the tender offer, stockholders of Dollar Thrifty common stock will receive $87.50 per share in cash.

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NewsSeptember 10, 2012

car2go Expands to Cologne, Germany

car2go began operations in Germany’s fourth largest city with 200 smart fortwo cars. Cologne marks the 15th city worldwide that car2go started operations.

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NewsSeptember 10, 2012

Hertz Offers Triple Points for Rewards Members

Hertz Gold Plus Rewards members will have the opportunity to earn triple points on rentals picked up before Dec. 15.

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NewsSeptember 10, 2012

Avis Budget Group Enters Agreement to Acquire Apex Car Rentals of New Zealand

Avis Budget Group will acquire Apex Car Rentals, including its fleet of 4,000 vehicles throughout New Zealand and Australia, for $29 million.

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NewsSeptember 10, 2012

Enterprise Plus Members Can Now Receive Arrival Alerts

The Arrival Alert email issues Enterprise Plus members rental car pickup details at airport locations.

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NewsSeptember 10, 2012

Avis Budget Group Wraps Up Employee Appreciation Tour in New Jersey

The ‘Rolling Pride Rally’ stopped at 87 Avis and Budget locations across North America to thank customers and thousands of employees.

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NewsSeptember 10, 2012

Alamo Rent A Car Opens Branch at JFK Airport

The Alamo branch can be accessed by boarding the monorail to the bus station where an Alamo shuttle bus will drive them directly to the new location.

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NewsSeptember 10, 2012

Green Motion to Operate Under Local Car and Van Rental Limited in UK

In a new acquisition, Local Car and Van Rental Limited (LCRV) will operate the Green Motion UK Master Franchise via its subsidiary company Green Motion Car and Van Rental Limited.

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NewsSeptember 7, 2012

FSNA Provides Additional Details on Advantage Acquisition

FSNA said that Hertz’s completion of carving out Advantage’s financial statements, which is pursuant to the Advantage Purchase Agreement, is not expected until after November.

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NewsSeptember 6, 2012

Hertz and Penske Enter Franchise Agreement for Memphis Market

The agreement is part of Hertz’s plan to switch select corporate markets to franchisee operations, according to the announcement. Hertz Chairman and CEO Mark Frissora said that the franchise agreement between the two companies is expected to grow into other markets ‘over time.’

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