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NewsJuly 2, 2008

TIA Welcomes Chinese Tour Group to U.S. Under New Government Agreement

Under the new agreement, Chinese travel to the United States—where the average visitor spends approximately $6,000 per trip—is expected to skyrocket.

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NewsJuly 2, 2008

Texas Rental Car Drivers May Find it Tougher to Skip on Toll Booth Fees

A proposed fix frees rental agencies from having to pay. Ultimately, the driver will be responsible for paying the fine directly to the toll authority.

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NewsJuly 2, 2008

June Gloom

For the first six months, sales are down 10.9 percent year over year, which represents the worst half-year auto sales performance since at least 1993.

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NewsJuly 2, 2008

Avis Budget Group Expects Lower Earnings for 2008

Rising fuel costs and lower commercial travel volumes contribute to lower earnings expectations. Shares fall to 16-year low.

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NewsJuly 2, 2008

Dollar Thrifty Reports on Difficult Operating Trends

The car rental company reports challenges with daily revenue and vehicle depreciation, while stocks recently plunged $1.49, or 26.1 percent, to $4.21.

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NewsJuly 2, 2008

OPENLANE Names New President and CFO

Board of directors recently promoted both Clive Kinross and Peter Kelly to new executive positions.

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ArticlesJuly 1, 2008

Rent to Own: A New Way to Reach the Subprime Market

Auto By Rent, a Springfield, Mo.–based RTO operation, says its licensees can maintain a 20 percent net profit before taxes when the business is in full swing and can expect a reasonable minimum net profit of $200,000 a year.

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ArticlesJuly 1, 2008

2008 Travel Tax Study

The National Business Travel Association presents “Lodging, Rental Car and Meal Taxes on Travelers in the Top 50 U.S. Cities.” Where does your city rank?

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NewsJune 25, 2008

CarTrawler Reveals Growth Trend Index Results

The car rental distribution company recently looked at key car rental statistics and performance indicators across the globe.

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NewsJune 25, 2008

Payless Car Sales, Kaizen MultiMedia to Partner

The partnership will provide Kaizen MultiMedia with the ability to create an in-house virtual training program for use throughout their national franchise system.

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