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NewsFebruary 11, 2011

Hecker Gets 10 Years for Fraud

Former auto mogul Denny Hecker gets maximum sentence after reaching a plea deal for wire and bankruptcy fraud.

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NewsFebruary 11, 2011

Hertz Announces Solar Energy Initiative

The Hertz corporation has already completed construction of a solar electric system at Denver International Airport and plans to create 15 additional facilities across the U.S.

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NewsFebruary 11, 2011

Dollar, Thrifty Offering Handicap-accessible Minivans in Central Texas

Dollar and Thrifty recently began offering fully-equipped handicap-accessible minivans through locations in Austin, Texas and Killeen-Fort Hood, Texas.

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NewsFebruary 10, 2011

Car Rental Continues as Leading Revenue Source for Airlines

Car rentals are among the top commission-generating services sold on airline Web sites, along with hotel bookings and travel insurance.

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NewsFebruary 9, 2011

Hecker Co-Defendants Sentenced

And Denny Hecker himself is set to be sentenced Feb. 11 for his role in the fraud that cost auto lenders millions of dollars.

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NewsFebruary 9, 2011

Tennant Group Roundtable Returns to the 2011 Car Rental Show

Car Rental Show attendees are invited to crunch the numbers with members of the Tennant Group Roundtable. Operator attendees who submit business statistics will receive a customized, confidential report comparing their numbers to the aggregated averages of the group.

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NewsFebruary 8, 2011

VMS Marks $150 Million in Processed Traffic Violations for Car Rental Industry

VMS processed over 2.5 million violations on behalf of car rental operators across the globe.

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NewsFebruary 8, 2011

J.D. Power and Associates Vice President to Address 2011 Car Rental Show Attendees

The presentation will highlight emerging trends and provide insights from recent research.

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NewsFebruary 8, 2011

Openlane: Auction Prices Up 4% Year over Year

In its February Market Index report, Openlane reports that car prices decreased in January but remained above January 2010 levels. Minivan prices and interest spike.

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NewsFebruary 8, 2011

Manheim Releases 2011 Used Car Market Report

The report, released this week at the NADA convention, revealed that after four straight years of declines, both new- and used-vehicle retail sales climbed in 2010. However, wholesale supply declined for the third straight year.

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