DTG Pays Out $7.57 Million in Profit Sharing, Rewards
TULSA, Okla. -- Dollar Thrifty Automotive Group today distributed $7.57 million in profit sharing and performance awards in recognition of employee achievements for 2003. Approximately $3.6 mill...
TULSA, Okla. -- Dollar Thrifty Automotive Group today distributed $7.57 million in profit sharing and performance awards in recognition of employee achievements for 2003. Approximately $3.6 million of that was awarded to employees based in Oklahoma.
With an annual worldwide payroll of exceeding $200 million and an annual Oklahoma payroll of more than $55 million, Dollar Thrifty employs more than 1,500 in support of its Dollar Rent A Car, Thrifty Car Rental and Thrifty Car Sales brands at its worldwide headquarters and reservations centers in Oklahoma. Of the publicly held companies based in Oklahoma, DTG ranks as one of the top 10 employers in the state.
Gary L. Paxton, Dollar Thrifty CEO and president, said: "Despite the state of the industry or the economic conditions, Dollar Thrifty has been profitable every year since the company's initial public offering in 1997. Dollar Thrifty employees have worked diligently together as a team to implement significant new strategic initiatives while also achieving excellent results. You can't deliver the accomplishments Dollar Thrifty has without a team effort. Presenting our employees with these performance awards is an opportunity to say thank you for a great job."
Paxton specifically cited:
-- The successful implementation of a new operating model and organizational structure
-- The acquisition or opening of locations in 28 major markets, adding 15,000 cars to the corporate fleet
-- The introduction of a dual-franchising program for international, Canadian and smaller markets in the U.S.
-- Record annual revenue in 2003 of $1.23 billion, an 8.4% increase over the prior year.
Paxton noted that performance award checks were distributed to employees at all job levels.
"Over 70% of these awards went to non-executives, reflecting Dollar Thrifty's commitment to recognizing the broad spectrum of contributions from its entire organization," Paxton said.
More Rental Operations

Southwest Airlines Selects CarTrawler For Its Car Rental Booking Platform
The platform is designed to allow customers to compare and book rental vehicles more easily during the travel booking process.
Read More →
Cross-Pressures, Evolving Trends Drive 2026 Rental Car Industry
A combination of cautious economic behavior, shifts in the rental vehicle market, and technological influences are shaping car rental operator decisions.
Read More →
Government Affairs Executive Wins Leading Rental Car Industry Award
Robert Muhs started in the car rental industry with Avis Budget Group two years before the first International Car Rental Show.
Read More →
Green Motion Expands Its African Presence with Mozambique Launch
This new rental car outlet reflects the growing demand for reliable transportation and the emphasis on sustainable travel across the continent.
Read More →
RentalMatics, GeoInt Partner On Rental Car Speed Tracking Tech
Rental operators can now detect and act on speeding while vehicles are still on rent, thereby reducing fines, admin workload, vehicle wear, and safety risks.
Read More →
NextPass Expands Toll Payment Service to Highway In Toronto
Fleets and consumer can use a transponder-less option when traveling between Canada and the U.S.
Read More →
Zubie, PurCo Integrate Rental Damage Detection With Telematics
The combination brings actionable vehicle insights into PurCo’s PurInspect platform, improving damage detection and operational efficiency for rental fleets.
Read More →
U.S. Length Of Rental (LOR) Declines Slightly in Q1 2026
LOR related to insurance claims overall continues to trend downward, but ongoing market and economic conditions could affect future results while the industry deals with staffing and productivity challenges.
Read More →
Hertz, Uber Deepen Roles In Self-Driving And Driver-Led Fleet Services
The business arrangement connects demand with scalable fleet management services and supports a range of mobility uses.
Read More →
Why Car Rental Can No Longer Run On Workarounds
The shift from branch-based software to connected operations is turning rental technology into strategic infrastructure.
Read More →
