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NewsAugust 31, 2011

FSNA Narrows Q3 Loss

Franchise Services North America, parent company of U-Save Car and Truck Rental, reported revenue and net loss of $3.9 million and $22,775 for its third quarter period that ended June 30, 2011, as compared to revenue of $4 million and a net loss of $191,839 for the same period in 2010.

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NewsAugust 31, 2011

UK Vacationers Would Rather Drink than Rent a Car over Holidays

In a survey of 1,000 adults from the UK price comparison site Kelkoo, only one in five travellers rented a car on their last trip abroad.

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NewsAugust 31, 2011

Avis Budget Group Finishes $650 Million Bond Offering

Avis Budget Group announced the completion of an asset-backed bond offering for its Avis Budget Rental Car Funding LLC subsidiary with a weighted average interest of 3.5 percent.

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NewsAugust 31, 2011

Enterprise Helps in Post-Irene Recovery Efforts

The car rental industry was recognized by the U.S. Travel Association as playing an important role in restoring communities after a disaster strikes.

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NewsAugust 31, 2011

Enterprise Reports Labor Day Reservations Up 25%

The data comes from Enterprise’s neighborhood locations.

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NewsAugust 29, 2011

Webinar: How to Increase Cash Flow in 2012

This free webinar Wednesday, Sept. 22 from WTP Advisers will outline how to implement a like-kind exchange program and the benefits of this tax strategy.

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NewsAugust 29, 2011

Canada Woman Smuggles 70,000 Ecstasy Tablets in Her Rental Car

The drugs have an estimated value of $500,000 to $2.1 million. The woman is expected to get at least 10 years in federal prison.

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NewsAugust 25, 2011

Payless to Launch 5 Dual-function Stores, CPO Program

Payless Car Sales and Payless Car Rental will join forces to offer five multi-service stores around Orlando, Fla., with national launch planned. Payless Car Sales will introduce a certified pre-owned vehicle program in the fourth quarter.

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NewsAugust 25, 2011

Europcar Adds Electric Peugeot iONs to London Fleet

Europcar is adding the all-electric Peugeot iONs to several locations, including the Luton Airport. The EV will initially roll out on a day-rental basis only.

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NewsAugust 25, 2011

AAA Projects More Americans Driving and Flying Less Over Labor Day

Car rental rates are expected to decrease this year by 7 percent compared to the holiday weekend rates in 2010.

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