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NewsJuly 28, 2009

Hertz Reports 2nd Quarter Operating Profit

Hertz reported adjusted pre-tax income of $81.1 million for second quarter 2009, on worldwide revenues of $1.8 billion.

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NewsJuly 22, 2009

Editorial: Taxes Could Ruin the Tourism Industry

John Nothdurft says policymakers only see tourism taxes as a way to tap additional revenues and are blind to the damage these taxes can cause to residents and tourism industries.

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NewsJuly 22, 2009

Travel Holdings Inc. to Expand Car Rental Offerings

Travel Holdings Inc. has hired Peter Rasmussen as vice president of the Car Rental Division in an effort to expand its car rental offerings on its suite of online travel booking.

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NewsJuly 22, 2009

Coalition Speaks Out on Behalf of Michigan Car Rental Customers

The Coalition Against Discriminatory Care Rental Excise Taxes are opposing a $2.50 car rental excise tax currently pending in the Michigan legislature. Furthermore, reports show that more than $7.5 billion in car rental excise taxes has been collected since 1990.

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NewsJuly 22, 2009

Fitch Cuts Hertz Rating

Fitch cites "deterioration in the rental car market and some near-term refinancing risk" as reason for cut.

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NewsJuly 22, 2009

FSNA Announces Five New Franchises, Opens Jamaica locations

Bob Barton, the company's chief operating officer, stated, “We are very excited about the continued development of the Rent-A-Wreck/PractiCar brand in Canada and the continued expansion of the U-Save brand both domestically and into international destinations.”

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NewsJuly 22, 2009

Tennant Group Roundtable Set for Oct. 22-24 in Scottsdale

The Tennant Group will host its fall meeting Oct. 22-24 at the Fairmont Scottsdale Hotel in Scottsdale, Ariz. Guests are invited to attend.

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NewsJuly 17, 2009

Franchise Services of North America Inc. Announces Management Changes

Marion H. Gray Jr. becomes chief financial officer, Barton promoted.

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NewsJuly 15, 2009

New GM Will Honor Fleet and Warranty Commitments

Jim Campbell, general manager for GM Fleet and Commercial Operations, releases a statement, explaining the new GM will honor fleet and warranty commitments.

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NewsJuly 15, 2009

The New ‘Transumers' Look to Rent, Not Buy

The current challenging economic climate has warmed people to the idea of renting, and not buying, certain goods.

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