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PARSIPPANY, N.J. -- Budget Truck Rental this month awarded General Motors Fleet an order for 6,000 light trucks, according to industry sources. Budget and Avis are part of Cendant Car Rental Gro...
Read More →NEW YORK -- Standard & Poor's Ratings Services said last week it placed all ratings on Hertz Corp., including the 'BBB' corporate credit rating, on CreditWatch with negative implications. The ...
Read More →PARK RIDGE, N.J. -- Hertz and the European online travel site Opodo.com have teamed up to offer Opodo's customers Hertz car rental rate quotes as soon as air travel reservations are confirmed. A...
Read More →TORRANCE, Calif. -- The 2004 Conference of Automotive Remarketing (CAR), scheduled for Jan. 21-23 at the Mandalay Bay Resort in Las Vegas, will feature speakers from some of the industry's leadi...
Read More →PARSIPPANY, N.J. -- Cendant Corp. reported that Avis' revenue in the third quarter was down 1%. Revenue in the quarter totaled $705.4 million, compared to just under $715.2 million in the same p...
Read More →WASHINGTON, D.C. -- To settle a dispute with the Justice Department, National and Alamo this month agreed to a plan aimed at making their fleet of airport shuttle buses more accessible to parapl...
Read More →As part of an ongoing effort to provide educational opportunities for its members, the Association for Car and Truck Rental Independents and Franchisees (ACTIF), is presenting its 2003 education...
Read More →The Association for Car and Truck Rental Independents and Franchisees (ACTIF) recently concluded its 2003 Membership Drive. The membership drive encouraged current members to recruit new member...
Read More →SACRAMENTO, Calif. -- California Gov. Gray Davis this month vetoed a proposed 5% car rental surcharge, a portion of which would have offset the industry's financial burden arising from a new Cal...
Read More →FT. LAUDERDALE -- Cerberus Capital Management's purchase of nearly all of ANC Rental Corp.'s assets became final on Tuesday, Oct. 14. The new parent company of Alamo and Natinal is known as Vang...
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