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NewsNovember 22, 2006

Flooding Traps Rental Car in Olympic National Park

Florida renter fears high cost of loss of use.

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NewsNovember 22, 2006

Struggling Airlines Force Airports to Seek Other Sources of Revenue

Income from parking, car rentals, restaurants and other concessions is climbing.

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NewsNovember 21, 2006

Gold to Retire From Ford

DEARBORN, MI – Randy Gold, Ford Motor Company's general manager of rental operations has elected to retire after 30 years of service, effective Dec. 31, 2006.

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NewsNovember 17, 2006

AAA Forecasts Robust Holiday Travel

Approximately 31.7 million travelers expect to go by motor vehicle, a 2.6 percent increase from those who drove a year ago.

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NewsNovember 16, 2006

Hertz Shares Rise in Debut

After backing off initial planned share price of $16 to $18, Hertz sold more than 88 million shares this week at $15 per share, raising $1.3 billion.

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NewsNovember 14, 2006

Hertz to IPO Thursday

Forecast to sell for $16-$18 a share, the company is positioned to raise over $1.8 billion dollars.

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NewsNovember 14, 2006

California Attorney General and Fox Rent A Car Reach Settlement

Fox has agreed to pay restitution and fines stemming from unfair business practices in regards to GPS tracking and improper sales of insurance.

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NewsNovember 14, 2006

J.D. Power and Associates: Rental Car Industry Improves in Customer Satisfaction

Enterprise ranks highest for a third consecutive year, followed by Hertz and National.

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NewsNovember 13, 2006

Avis Reports $461-Million 3Q Loss Due to Cendant Breakup

The company increased rental prices this quarter to cover an 11-percent rise in fleet expenses.

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NewsNovember 13, 2006

Seattle Rental Car Companies Support Tax to Fund New Arena

Hertz and Avis show support for the continuation of a 1 percent tax on rental cars to fund construction of a state-of-the-art arena, if it means keeping the Sonics in Seattle.

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