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NewsAugust 17, 2011

Alamo, Enterprise and National Launch Fall Promotion for U.S. Travel Agent Partners

The promotion, called “Back To Travel,” encourages club members to book Fall reservations and offers 25,000 Cash-In Club points.

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NewsAugust 17, 2011

Québec Car Sharer Goes Electric

Communauto will add 50 all-electric Nissan LEAFs to its fleet, including 15 available today.

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NewsAugust 17, 2011

Fitch Affirms Arizona Sports and Tourism Authority Rev Bonds

Preliminary fiscal 2011 results suggest lodging excise tax and car rental surcharge revenues up 1.5% and total pledged revenues up roughly 6% due primarily to another one-time adjustment for prior years' sales tax revenues.

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NewsAugust 17, 2011

Peer-to-peer Car Sharer Gets $10 Million Investment

Shasta Ventures and Lisa Gansky are joining Google Ventures and August Capital in boosting the company’s total Series A.2 funding to $10 million.

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NewsAugust 17, 2011

Zipcar Draws the Short Straw

Washington D.C. opens up its car sharing market, allowing representatives from four companies to draw straws for allocation of parking spots.

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NewsAugust 17, 2011

Adesa: Wholesale Prices Fall $300 in June

According to Tom Kontos’ July commentary, average wholesale prices are now more than $600 below their April peak.

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NewsAugust 17, 2011

Toyota Tests Prius Plug-In Hybrid Vehicle in WeCar Car Sharing Program at Yahoo!

Enterprise Rent-A-Car continues adding new vehicle technology to enhance sustainability of car sharing programs.

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NewsAugust 15, 2011

Black Book: All 24 Segments Decline, Again

In Ricky Begg’s weekly “Beggs on the Used Car Market” column, Beggs points out that for the second week in a row, all 24 vehicle segments have declined. Compact Cars declined the least at only -$14, while Prestige Luxury Cars declined the most at -$87.

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NewsAugust 15, 2011

KAR Announces Agreement to Acquire OPENLANE

KAR Auction Services, Inc. announced today that its subsidiary, ADESA, Inc., has signed a definitive agreement to acquire the equity of OPENLANE, Inc., a leading Internet-based business-to-business automotive remarketing company.

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NewsAugust 15, 2011

Hertz Receives Request for Additional Information from FTC Regarding Proposed Acquisition of Dollar Thrifty

Hertz has received a request for additional information from the FTC relating to Hertz's proposed acquisition of Dollar Thrifty.

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