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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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Industry analysts caution that the FTC’s second request should not be viewed as either leaning toward approval of or against the acquisition.
Read More →Avis expects the regulatory review process to take several months and believes it is under no immediate pressure to bid for Dollar, according to people familiar with the situation.
Read More →The car rental company’s “20/20 Vision” sustainability initiative will focus on reducing electricity, natural gas and water consumption across its Alamo, Enterprise and National Car Rental Brands.
Read More →The Web site, AutoSlash, searches for all of the promotional codes posted by the car rental companies and applies the best discount to a customer’s trip itinerary. The Web site also does a secondary review after a reservation is made to make sure it applied the best promo code.
Read More →The car-sharing company posted a $5.3 million loss in the first quarter of 2010, which it said was driven by an increase in fleet and administrative expenses. The company also faces long-term debt of $26.9 million, but has access to another $10 million from which it can borrow.
Read More →The car rental company said proceeds from the asset-backed notes will be used to fund vehicle purchases and general purposes, as well as repay debt.
Read More →The car-sharing company said it expects to use the net proceeds it receives from the initial public offering to pay down certain indebtedness, and the remaining net proceeds, if any, for general corporate purposes. The number of shares to be offered and the price range for the offering have not been determined.
Read More →Three-quarters of the buyers in the survey said they were not negotiating for GPS or electronic toll paying technology with car rental suppliers, even though their corporate travel programs allow travelers to purchase these add-ons to their car rentals.
Read More →Edmunds.com's cross-shopping analysis indicates that 46 percent of Mercury shoppers currently consider Ford vehicles, and that Chevrolet and Honda are also popular alternatives.
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Pennsylvania rental operator finds a partially decomposed 4-foot python left behind in a Toyota Corolla.
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