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NewsMay 1, 2009

ACRA Addresses Funding in Letter to Congress

The American Car Rental Association asks that funds be loaned to financially qualified car rental companies under reasonable conditions set by the financing arms, similar to what existed as recently as last year.

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Articlesby Chris BrownMay 1, 2009

Car Rental Show 2009: Finding Opportunity in the New Economy

More than 400 auto rental professionals gathered in Las Vegas at the 2009 Car Rental Show to address the challenges facing the industry. This year, the funding crisis and credit crunch were prevailing themes in the seminars, panels and roundtable discussions.

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Articlesby Chris BrownMay 1, 2009

Nail Your Financials

This revenue and expense ratio system makes it easier to interpret financial data so you can work on improving specific areas of your business. Which metric is most important?

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Articlesby Chris BrownMay 1, 2009

4 Profit

These four battle-tested profit ideas were created by licensee and independent car rental operators. They’re ready to work for your company right now.

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Articlesby Chris BrownMay 1, 2009

Hit for the Cycle

ARN archives show that the car rental industry, like the economy, runs in cycles. So plan for them.

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Articlesby Chris BrownMay 1, 2009

Rent Alert: Avis Halts Miami-Dade WeDriveU Operation

The chauffeured transportation industry has been fighting WeDriveU operations nationally on the grounds that the program does not adhere to the rules and regulations required of chauffeured transportation operators of luxury vehicles.

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NewsApril 30, 2009

Chrysler to File for Bankruptcy

Chrysler-Fiat partnership is also announced. The bankruptcy is backed by new government loans designed to allow a Chrysler-Fiat partnership to emerge from court in 30 to 60 days.

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NewsApril 30, 2009

Chrysler LLC and Fiat Group Announce Global Strategic Alliance

Chrysler announces details on new partnership. Nardelli to leave company following bankruptcy.

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NewsApril 29, 2009

AMEX: Car Rental Rates Ease in Q1 2009

The American Express Business Travel Monitor reports the average daily cost of a rental in first quarter 2009 was $73. Q1 2009 domestic average airfares paid are down 9 percent year over year.

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NewsApril 29, 2009

Dollar Thrifty Updates Exposure to Chrysler and GM

Dollar Thrifty Automotive Group says it has no credit exposure to GM but has potential exposure to Chrysler.

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