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NewsAugust 15, 2006

Thrifty Car Rental Offers Blue Chip "Double Credits"

Thrifty Car Rental, a subsidiary of Dollar Thrifty Automotive Group Inc., announces that from Aug. 15 through Nov. 15, 2006, members of the Blue Chip Rewards program will receive "double credits" when they book their reservation on www.thrifty.com.

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NewsAugust 15, 2006

Cendant Completes Spin-Offs, Reports Second Quarter Results

Cendant Corp. announced recently that it has completed the spin-offs of Realogy Corporation and Wyndham Worldwide Corporation.

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NewsAugust 15, 2006

Indiana Hotel and Car Rental Taxes Below Expectations

Two percent car rental tax hike and other increases imposed to fund stadium and convention center so far not as lucrative as projected.

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NewsAugust 14, 2006

Hertz Adds Mustang Convertibles to New York City-Area Fleet

The Hertz Corporation has added the Ford Mustang Convertible to five of its locations in the New York City-metropolitan area.

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NewsAugust 14, 2006

Security Threat Sends Travelers to Car Rental

Last week's tightening of airport security in the wake of a terror threat in Britain created a push for alternate forms of transport, much of which was directed at auto rental, according to ABC News.

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NewsAugust 10, 2006

Dollar Thrifty Cuts Management

Dollar Thrifty Automotive Group Inc. has cut back on the number of management executives by 10 percent, Knight-Ridder/Tribune Business News reports, expanding the "span of control" of CEO Gary L. Paxton.

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NewsAugust 10, 2006

All-New Camaro Arrives in 09

Next generation Camaro will be almost identical to concept unveiled at NAIAS and will offer the choice of manual and automatic transmissions and V-6 and V-8 engines.

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NewsAugust 9, 2006

Vanguard Files IPO

Vanguard Car Rental Group Inc., parent of the National Car Rental and Alamo Rent A Car brands, has registered for an initial public offering of up to $300 million in common stock, according to The Associated Press.

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NewsAugust 8, 2006

Driveitaway "Intelligent" Platform to Power Dollar Licensee Remarketing

Driveitaway Inc., provider of Web-based upstream remarketing programs for commercial and rental fleet vehicles, announced that American Loan Masters, a Dollar Rent A Car licensee since 2002, launched its upstream remarketing program with Driveitaway's online platform, which now uses market intelligence provided by J.D. Power and Associates' Power Information Network (PIN).

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NewsAugust 8, 2006

Manheim: New Model Focus Causes Softening of Wholesale Market

Tom Webb, Manheim's chief economist, reports that dealers shifted their focus to moving new vehicles in July before 2007 models hit the stores, leading to a softening in the used vehicle market and wholesale prices, according to AutoRemarketing.com.

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