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ACRA Carrying Fuller Industry Load As AI and EVs Lurk In Future
The leading car rental professional business group details an active legislative, regulatory, and macro-trends agenda affecting car rental operators.
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SEARCHMENUSEARCHThe leading car rental professional business group details an active legislative, regulatory, and macro-trends agenda affecting car rental operators.
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Dollar Thrifty press release states: "Avis Budget has not demonstrated to our satisfaction ... that it would adequately protect our shareholders in the event that Avis Budget is unable to obtain the required regulatory approvals."
Read More →Avis Budget Group contends that Hertz anti-trust hurdles are "significant." Avis wants delay in shareholder vote.
Read More →Hertz's CEO Frissora calls Avis' letter: "Yet another press release with nothing new other than an admission, at last, that 'antitrust approval is a hurdle for an Avis Budget-Dollar Thrifty deal' ..."
Read More →Avis Budget: "Our revised offer of $45.79 in cash and 0.6543 shares of Avis Budget stock represents a meaningful premium over the revised offer from Hertz."
Read More →Mark Frissora: "Our agreement with Dollar Thrifty provides its shareholders with a substantial premium, deal certainty and a clear path to deal closure by year end."
Read More →Two franchisees and a property owner have filed an anti-trust lawsuit against Hertz Global Holdings Inc. and Dollar Thrifty Automotive Group Inc. on Sept. 23 in the San Francisco Federal Court.
Read More →The new Dock & Play radio, compatible with almost all Budget vehicles, offers renters the "XM Everything" package with more than 170 channels of programming. The devices are available for rent for $4.99 per day or $20 per week.
Read More →Enterprise adding 500 electric vehicles to fleet; uses demo vehicle to build awareness of EV rentals and infrastructure.
Read More →Car rental employees at Salt Lake International Airport struggled with five suspects in a $500,000 jewelry robbery. No one was seriously injured in the incident.
Read More →Avis has signed a three-year partnership with the International Gay and Lesbian Travel Association and offers up to a 25 percent discount on global rentals.
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