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NewsApril 10, 2009

Hertz Completes Acquisition of Advantage Rent A Car

Hertz will operate 20 Advantage locations in key U.S. leisure travel markets.

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NewsApril 8, 2009

S&P Lowers Hertz, Dollar Thrifty Credit Ratings

Dollar Thrifty's rating was downgraded one notch from CCC+ to C, while Hertz's credit rating was lowered two notches from BB- to B.

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NewsApril 8, 2009

Sixt and Picasso Travel Join Forces for Overseas Travelling

The joint venture allows U.S. travellers to benefit from favorable terms and conditions for flights and rental vehicles.

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NewsApril 8, 2009

Australian Car Rental Manager Pleads Guilty to Fraud

The manager was guilty of altering contracts, stealing cash, and using other people's credit cards.

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NewsApril 8, 2009

Rental Car Carbon Offset Program Proves Most Popular With Customers

More than 175,000 Alamo, Enterprise and National customers participate in an offset program. By opting in to pay $1.25 per rental, customers fund several certified offset projects that work to remove CO2 from the atmosphere.

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NewsApril 8, 2009

Valet Caught in Alleged Luxury Car Rental Scheme

A valet at Lexus of Greenwich secretly rented five Lexus sedans to his friends for $100. He faces five counts of first-degree larceny.

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NewsApril 8, 2009

Company Rents GPS Units Direct to Travelers

“Why pay a car rental company extra money when you can rent one from just dollars a day,” says Richard Skinner, the owner of GPS Enterprises.

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NewsApril 8, 2009

CRS Photos Are Up!

Photos from the 2009 Car Rental Show in Las Vegas have been posted on the Web.

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NewsApril 1, 2009

Hertz Wins $30.3M Bid for Advantage Assets

Enterprise intended to purchase Advantage's assets for $19 million, but later withdrew its bid after the asking price exceeded the company's return-on-investment criteria.

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NewsApril 1, 2009

CRS 2009: Funding, Funding, Funding

More than 400 auto rental professionals gathered in Las Vegas this week 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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