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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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As the industry emerges from the recession, auto rental executives, operators and other professionals met at this year’s show ready to tackle the issues of fleet financing, lifecycle management, remarketing, utilization and no-show fees.
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The deal would give Hertz 1,550 additional locations worldwide and a total of 9,800 across six continents. The combined market share for the group will be 24 percent, based on Auto Rental News’ 2009 estimates of total fleet size.
Read More →He will be responsible for the legal affairs of the company, including management of its franchising and other contracts, litigation, government relations and information security. "With his extensive and varied accomplishments as an attorney, Michael is a terrific addition to Avis Budget Group," said Ronald L. Nelson, chairman and chief executive officer of Avis Budget Group.
Read More →Rental car companies at the Sioux Falls Regional Airport will soon be able to charge customers 1 percent more to go toward the contractual payments they have had difficulty paying to the airport recently, according to the ArgusLeader.
Read More →The car rental company moved into a new upscale facility, located in both the A and B terminals. Customers can now make an easy in-terminal walk to pick up their Hertz rental, instead of catching a shuttle bus to an off-site pick-up location.
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Seavey will be based at Hertz's corporate headquarters in Park Ridge, N.J. He will oversee the off-airport business unit, which covers insurance replacement, leisure and commercial rentals in urban and suburban markets across the country.
Read More →Dollar Thrifty Automotive Group Inc. reported net income of $27.3 million and Corporate Adjusted EBITDA of $49.4 million for first quarter of 2010. Dollar Thrifty's total revenue reached $348.3 million in the first quarter, compared to $362.4 million in the year-ago period.
Read More →The car rental company's worldwide revenues reached $1.7 billion, an increase of 6.1 percent from the year-ago period. Worldwide car rental revenues for the quarter increased 10.8 percent (a 7 percent increase excluding the effects of foreign currency) to $1.4 billion.
Read More →The car rental company is named the top car rental company in customer loyalty by the Brand Keys Customer Loyalty Engagement Index. The annual study examined customers' relationships with 518 brands in 71 categories.
Read More →The Irish car rental company will offer a full refund and free cancellation for customers affected by Iceland's volcanic ash crisis. "ArgusCarHire.com will be supporting all customers who have had to cancel their car rental booking due to the current traveling conditions," ArgusCarHire.com Customer Services Manager Sonia Pender said.
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