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NewsMay 1, 2006

Bush Rejects Oil Profit Tax Proposal

WASHINGTON --- President Bush today criticized calls in Congress for a tax on oil company windfall profits.

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NewsMay 1, 2006

Total Resource Auctions Adds Two Locations, 20 Total

ATLANTA –-- Manheim's Total Resource Auctions network of salvage wholesale auctions has expanded to 20 locations nationwide with the addition of TRA Grand Prairie in Texas and TRA Utah in West Bountiful.

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NewsMay 1, 2006

DTAG Acquires Ohio/N. Ky. Airport Franchise

TULSA, Okla. --- Dollar Thrifty Automotive Group Inc. has acquired the Thrifty Car Rental franchise operation at Cincinnati/Northern Kentucky International Airport. The acquisition adds approxim...

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NewsApril 27, 2006

Dollar Thrifty Reports Record 1Q Earnings

TULSA, Okla. --- Dollar Thrifty Automotive Group reported total revenue of $362.6 million for the first quarter ended March 31, 2006. Those results are a first-quarter record for the company, up 5.8% from the same period last year.

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NewsApril 27, 2006

NBTA Testifies Before Senate Committee Regarding Excise Taxes

ALEXANDRIA, Va. – Bill Connors executive director and COO of the National Business Travel Association appeared in April before a Florida Senate Transportation Committee hearing in Tallahassee, Fla., to address a proposed $2 car rental levy.

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NewsApril 12, 2006

New Tax, Same Story as Charlotte Targets RACs

CHARLOTTE, N.C. --- The Charlotte City Council voted April 10 to send a 3% tax hike on car rental transactions to the North Carolina legislative session for approval. The revenue produced would fund a portion of a cultural facilities project.

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NewsApril 11, 2006

Senate Bill Aims for More Call Center Transparency

WASHINGTON --- Call center employees, those who both initiate and receive calls, would have to disclose their physical location to callers according to a Senate bill that the Senate Commerce Committee is currently perusing.

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NewsApril 11, 2006

RAC Majors and NBTA Meet to Address 'Explosion of Taxes'

ALEXANDRIA, Va. --- Representatives from the major car rental companies and the National Business Travel Association met to discuss the ongoing trend of local governments targeting RACs with tax hikes to fund local projects.

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NewsApril 11, 2006

Fox RAC Names Williams VP Fleet, Remarketing

LOS ANGELES --- Fox Rent A Car has hired Mike Williams to fill the newly created position of Vice-President of Fleet and Remarketing.

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NewsApril 10, 2006

Cendant Vehicle Rental to Offer Senior Notes

NEW YORK --- Cendant Corporation announced in late March that the parent of its vehicle rental business, Cendant Car Rental Group LLC, is planning to offer $1 billion aggregate principal amount of eight- and ten-year senior notes.

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