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NewsApril 22, 2009

DTG Reports Q1 Earnings

Rental revenue in Q1 up versus Q4, but down year over year.

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NewsApril 22, 2009

NBTA: Travel Spend Decreases to Continue In 2009

In a new report, NBTA found that nearly 85 percent of respondent companies have decreased travel spend since October 2008, and more than 70 percent expected continued decreases through 2009.

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NewsApril 22, 2009

Florida Rail Project May Depend on Rental Car Tax

A long-running effort to get a $2 rental car tax dedicated to a commuter train in South Florida continues.

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NewsApril 15, 2009

Hertz Corporation Signs Master Franchise Agreement in Mexico with AVASA

The master agreement provides AVASA the rights to operate the Hertz brand throughout Mexico.

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NewsApril 15, 2009

Used Vehicle Prices Continue Gains

Adesa reports that average auction prices rose sequentially for the fifth month in a row, though still "modestly under water" on a year-over-year basis.

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NewsApril 15, 2009

Hertz Acquires Car Sharing Technology Company

Eileo designs technology-driven solutions for the transportation industry, providing fleet tracking and monitoring. Acquiring Eileo underscores Hertz's long-term commitment to be the car sharing leader, says Mark P. Frissora, chairman and CEO of Hertz.

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NewsApril 15, 2009

City's Red Tape Sinks Local RAC

City had required owner of Nevada's Mesquite Auto Rental to obtain a used car sales license and jump through additional hoops before being allowed to move the business.

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NewsApril 15, 2009

Avis Budget Group Honored as a Top Corporation for Women

Avis Budget Group was one of 19 U.S. corporations recognized in 2008 for superior supplier diversity programs that provide women's business enterprises equal access to corporate contracts.

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NewsApril 15, 2009

Next for Hecker: A $104 Million Hyundai Claim

Hyundai Motor Finance claims it hasn't been paid since December on two loans to refinance the purchase of 4,477 vehicles for Advantage Rent A Car.

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NewsApril 15, 2009

Indianapolis Looks at Auto Rental Tax Increase

Also set for increases are taxes on alcohol and hotels to help ease the sting of a bailout of the city's sports board.

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