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NewsJanuary 26, 2007

Peter Snoyer Named Director of Business Development for ADESA Canada

ADESA, Inc. (NYSE:KAR), North America's largest publicly traded provider of wholesale vehicle auctions and used vehicle dealer floorplan financing, today announced it has hired Peter Snoyer as i...

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NewsJanuary 24, 2007

U-Save Brand to Enter Middle East

Recently signed letter of intent covers seven countries, including Bahrain, Saudi Arabia, Kuwait and Morocco.

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NewsJanuary 24, 2007

Travelport Considers Orbitz IPO

Orbitz is expected to raise a unit value of approximately $3 billion.

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NewsJanuary 24, 2007

Rental Car Revenue Down at Cincinnati Airport

Delta's cutbacks in service resulted in 30.2 percent fewer flights and 6-percent drop in car rental at the airport.

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NewsJanuary 23, 2007

Tourism Taxes Proposed in Nashville to Build Convention Center

Proposed 1-percent rental car tax, along with hotel and transit fees, would raise over $37.6 million annually.

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NewsJanuary 23, 2007

Transit Issues Delay Miami Consolidated Rental Facility

Budget troubles, operational problems, negotiations with contractors and dispute between car rental operators bog down construction schedule.

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NewsJanuary 23, 2007

Former Cendant Chairman Sentenced to Jail, Fine

Walter Forbes, convicted of conspiracy to commit fraud, charged with 12 years jail time and $3.275 billion fine.

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NewsJanuary 22, 2007

Seattle Sonics Push State to Approve Taxes for Stadium Construction

Estimated cost of stadium is $360 million; team wants state to supply $300 million in taxes.

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NewsJanuary 22, 2007

Update: Total Bill for Trapped Rental Car? $871

Bill could have exceeded $1,400, according to original agreement.

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NewsJanuary 22, 2007

Sixt is the "Best Car Rental Company in Europe"

Sixt AG, Germany's largest car rental company and one of the leading vendor-neutral and non-bank full-service leasing providers, has won the renowned "Business Traveller Award 2006" in the categ...

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