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NewsOctober 29, 2008

Car Rental Company May Sue City over Fatal Police Accident

The accident, which involved a 2006 Dodge Viper, claimed the life of a police department's top traffic safety officer.

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NewsOctober 29, 2008

Arson Suspected in Calif. Enterprise Lot Fire

Four vans and a pickup truck were burned. Damage to a maintenance building was about $25,000 to $30,000.

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NewsOctober 28, 2008

Avis Budget Expects Pretax Loss of $1 Billion in Q3

Avis Budget Group cuts 700 jobs and records a third quarter loss of $1.0 to $1.2 billion. However, analysts predict the company will stay compliant with its debt covenants.

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NewsOctober 24, 2008

FTC Extends Red Flags Compliance Deadline to May 1, 2009

In an unexpected move, the Federal Trade Commission (FTC) announced that it will delay its planned enforcement deadline of the Red Flags Rules to May 1, 2009.

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NewsOctober 22, 2008

Amex Predicts Slow to Negative Growth Rates for Air, Hotel and Car Rental in 2009

Amex Business Travel expects car rental rates to grow at a slower pace than airfares and hotel rates, if any growth at all.

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NewsOctober 22, 2008

<i>Travel+ Leisure</i> Awards Enterprise Rent-A-Car as a Green Travel Company

Enterprise is one of eight recipients of the 2008 Global Vision Awards based on new travel and tourism standards.

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NewsOctober 22, 2008

Advantage Rent A Car Opens New Location in Tucson, Arizona

Its growth in Arizona prompted Advantage to open the new facility serving the Tucson International Airport.

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NewsOctober 22, 2008

Advantage Rent A Car Offers Frequent-Flyer Miles with Continental Airlines

Renting with Advantage in select cities can earn up to 10,000 miles

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NewsOctober 22, 2008

Zipcar Expands On-Campus Car Sharing Program

Zipcar is adding nearly two dozen new schools to its program as well as adding more vehicles to existing campuses.

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NewsOctober 22, 2008

Fitch Revises Hertz Outlook

Fitch says the affirmation of Hertz's ratings reflects the strength of the company's stable market position, positive free cash flow generation, and good collateral coverage for its debt.

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