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Rental Operationsby StaffFebruary 21, 2001

German Court Rejects Sixt Appeal, Rules in Favor of Budget Group

The German Federal Court of Justice on Feb. 13 rejected an appeal by Sixt GmbH & Co Autovermietung KG. The court upheld a January ruling that Budget's 1997 termination of its licensing agreement...

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Rental Operationsby StaffFebruary 21, 2001

Avis Launches Web Site for Meeting Planners

Avis Rent A Car has launched a new Web site, www.avis.com/meetings, designed for meeting planners. The site gives meeting planners access to their own customized Web pages for posting individual...

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Rental Operationsby StaffFebruary 21, 2001

Dollar Extends 15% Commission for Florida Bookings

The Florida Division of Dollar Rent A Car Systems has extended through July 10 its 15% commission for domestic travel agencies that book leisure rentals with Dollar in Florida. The 15% commissio...

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Rental Operationsby StaffFebruary 21, 2001

Avis Becomes Partner in US Airways Dividend Miles Program

Avis Rent A Car has become a new partner in the US Airways Dividend Miles program. Avis now offers Dividend Miles members opportunities to earn frequent flier benefits when renting a car....

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Rental Operationsby StaffFebruary 21, 2001

CAR 2001 to Feature Thrifty's Himelfarb

Don Himelfarb, president and CEO of Thrifty Rent-A-Car Systems, is set to speak about car rental remarketing issues at the sixth annual Conference of Automotive Remarketing (CAR), scheduled for ...

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Rental Operationsby StaffFebruary 7, 2001

Avis Predicts Cendant Acquisition to Close on March 1

Avis Group Holdings on Jan. 30 reported results for the fourth quarter and full year 2000 and stated that it expects the Cendant Acquisition to close March 1. Avis Group's consolidated net incom...

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Rental Operationsby StaffFebruary 7, 2001

Thrifty's Don Himelfarb to Speak at CAR 2001

Don Himelfarb, president and CEO of Thrifty Rent-A-Car Systems, will speak to the six annual Conference of Automotive Remarketing in Las Vegas on March 21. He will address vehicle remarketing is...

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Rental Operationsby StaffFebruary 7, 2001

Dollar Thrifty Automotive Group Announces Revenue Growth in 2000

Dollar Thrifty Automotive Group on Jan. 31 announced record results for the full year 2000. Total revenue for 2000 was $1.083 billion, an 8.5% increase over the $999 million total revenue in 199...

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Rental Operationsby StaffFebruary 7, 2001

Ford, Hertz Reach Agreement on Per-Share Selling Price

Ford Motor Company and the Hertz Corporation announced Jan. 16 they have reached an agreement for Ford to acquire all the publicly held shares of common stock of Hertz at a price of $35.50 per s...

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Rental Operationsby StaffFebruary 7, 2001

ANC Reports $44 Million Fourth Quarter Net Loss

ANC Rental Corporation on Jan. 31 announced a net loss for the fourth quarter 2000 of $44 million, or 98 cents per diluted share, on revenue of $805.1 million. This compares to a net loss of $95...

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