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NewsMarch 4, 2009

What's New at the Car Rental Show?

With two pre-conference workshops, interactive breakfast roundtables and a ride and drive, the 2009 Car Rental Show gives you more ways than ever to network, learn and build your business.

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NewsMarch 4, 2009

Dollar Thrifty Amends Agreements With Chrysler Financial

Under the amended agreements, the Company will no longer be required to maintain a minimum leverage ratio.

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NewsMarch 4, 2009

Fleet Sales Contribute to 34-Year Low

Sales to rental fleets dropped 58 percent in February year over year, contributing to an overall vehicle sales plunge of more than 41 percent for domestic and foreign manufacturers.

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NewsMarch 4, 2009

Market Metrix Announces 4th Quarter YTD 2008 Hospitality Index Results

Market Metrix reports that in 2008, car rental companies were down (-0.9) in customer satisfaction compared to 2007.

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NewsMarch 4, 2009

Three Car Segments Carry Overall Values for the Week

Sports cars, prestige luxury cars, and luxury-level cars lift the car segment. Ten of 14 truck segments also rise in value.

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NewsMarch 4, 2009

Avis Budget 4th Quarter Results Miss Expectations

Rental car demand and vehicle values drop. Operating conditions are expected to remain weak for at least the first half of 2009.

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NewsMarch 4, 2009

Executive Compensation Limits Eliminated for TALF Program

The TALF will start disbursing funds March 25 and will probably accept securities backed by vehicle-fleet and equipment leases starting next month, the Fed and Treasury said in a March 3 statement.

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NewsMarch 3, 2009

Enterprise and Advantage Reach Agreement on the Purchase of Advantage Assets Out of Bankruptcy

If the agreement is accepted, Enterprise will have the ability to close or continue to operate any of Advantage's rental car facilities.

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Articlesby Chris BrownMarch 1, 2009

Fox Celebrates 20

Fox Rent A Car remains focused on the leisure market with a business plan that promotes steady growth while weathering tough economic times.

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ArticlesMarch 1, 2009

Thriving in the New Economy

While rentals are down 10-15 percent, operators are aggressively adapting to new market conditions and reaping the rewards.

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