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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.
Read More →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).
Read More →Dollar Thrifty Automotive Group, Inc. announced that Chief Administrative Officer Donald M. Himelfarb has announced his retirement effective December 31, following a successful car rental career that spanned over three decades.
Read More →Dollar Thrifty Automotive Group Inc. and EDS today announced the signing of a five-year, $150 million information technology (IT) services extension agreement, with new revenue service to EDS of approximately $125 million.
Read More →Dollar Rent A Car, a subsidiary of Dollar Thrifty Automotive Group, Inc., has launched a travel agent loyalty program in which agents earn points towards American Express gift cards when they book Dollar car rentals.
Read More →Cendant will conduct its annual stockholders meeting Aug. 29 during which shareholders will vote on changing the company name to Avis Budget Group Inc., according to Travel Weekly.
Read More →Schalberg.com announced that the June 2006 totals put the number of contracts protected by Renters Collision insurance over 10,000.
Read More →Former mobile-home dealer and rental-car business owner Roy Singleton has been sentenced to two years in prison for fraudulently obtaining small-business loans intended for victims of the Sept. 11 attacks.
Read More →As a result of the recent US Airways and America West merger, National Car Rental has begun a frequent flyer program partnership with US Airways.
Read More →Dollar Thrifty Automotive Group Inc. posted a larger-than-expected 80 percent rise in second-quarter earnings on higher revenue and raised its profit forecast for the year, according to Reuters.
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