Top 10 Auto Rental Headlines in 2011
A quick review of the top 10 read stories on Auto Rental News.
The close merger between Hertz and Dollar Thrifty took several of the top spots in 2011 at Auto Rental News. Here are the top 10 news articles, blog posts and magazine features listed by date:
Jan. 19, 2011 - CBS Consumer Correspondent Susan Koeppen rented a 2010 Chevrolet Cobalt from Avis that was part of a recall for a steering problem and had never been repaired.
Auto Rental Operators Choose Favorite Rental Car of All Time
Jan. 24, 2011 - Auto Rental News surveyed owners and managers of auto rental companies to determine their "favorite rental car of all time." Survey respondents were asked to judge 35 model choices on price, functionality, reliability, safety, customer experience, maintenance, acquisition costs, resale value and overall return on investment.
How to Acquire an Auto Rental Company
February 2011 - Are you ready to expand? Buying out or merging with another rental company can be a quicker path to new revenue than opening up a brand new store—if you can avoid the pitfalls going in.
Enterprise Speaker Stresses Operating Sustainably at 2011 Car Rental Show
March 9, 2011 - Lee Broughton, head of corporate sustainability for Enterprise Holdings and one of the keynote speakers at the 2011 Car Rental Show in Las Vegas, encouraged car rental companies to focus on the "triple bottom line" - economic, social and environmental sustainability - while also challenging the industry to start offering more fuel-efficient rental options as well as opportunities to offset carbon emissions associated with rentals.
Enterprise Employees Strike in Toronto
March 30, 2011 - Ninety-three mployees of Enterprise Holdings at Toronto Pearson International Airport went on strike to protest proposed cuts in wages and benefits.
July 27, 2011 - Between Hertz’s purchase of a major leasing company and Avis Budget Group’s bid for Avis Europe, it’s time reassess the merger landscape.
Avis Budget Drops Bid for Dollar Thrifty
Sept. 14, 2011 - In a regulatory filing today, Avis Budget Group Inc. said it is dropping its bid for Dollar Thrifty Automotive Group because of “current market conditions.
Digging Deeper into the Acquisition War
Sept. 14, 2011 - What made Avis decide to publicly announce dropping its bid for Dollar Thrifty?
Hertz Withdraws Offer to Acquire Dollar Thrifty
Oct. 27, 2011 - Hertz Global Holdings Inc. announced Oct. 27 that it is withdrawing its exchange offer for all outstanding shares of Dollar Thrifty Automotive Group Inc. (DTG), according to an investor relations press release.
U.S. Car Rental Market Statistics Released for 2011
Nov. 30, 2011 - Auto Rental News has released its annual assessment of the U.S. car rental market, with updates on revenue, locations and cars in service by company.
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