Tight Supply Keeps Wholesale Prices High
Consumers and dealers may be "pushing back" at the high price of used vehicles.
Consumers and dealers may be "pushing back" at the high price of used vehicles.
The airport concession fee increase is meant to improve parking at the Sioux Falls Regional Airport Authority in South Dakota. Rental agencies would pass a $2 a day charge to rental car customers.
Everyone who owns one of the vehicles can receive a $100 voucher that can be used for renting or buying something else from Enterprise.
As part of the deal, Enterprise obtains Arelco’s fleet of 4,300 vehicles and 31 Alamo Rent A Car and National Car Rental locations, including 21 airport stations and 10 neighborhood branch offices, across nine states.
One rental car company loses 90 percent of its business.
Canadian officials are working to fix a regulation stating that a Canadian cannot drive a U.S.-rental car into Canada.
Hertz’s bid for Dollar Thrifty Seen as a good move.
Moody's has Hertz on downgrade watch, Standard & Poor's on positive.
Enterprise Rent-A-Car has announced a special rate for families and individuals renting cars and traveling for weekend getaways. Starting from $9.99 per day, the offer runs through May 24, 2011, at participating neighborhood locations.
Here's a few noteworthy news links of interest to the car rental community.
New purchase price of $50 per share represents an increase of $10.80 per share in the cash consideration to be paid to Dollar Thrifty shareholders. Other key provisions remain unchanged, including a $44.6 million reverse termination fee payable to Dollar Thrifty if required antitrust clearance is not obtained.
A U.S. District Court in Houston ruled in favor of HTA in determining the scope of patent claims brought against it by PlatePass LLC in a patent pending lawsuit.
The solution uses Amadeus Cars Plus technology, making it easier for online players to offer a comprehensive range of functionalities to their customers including: map display, matrix view and point of reference searches.
King will be responsible for business development at the corporate level, as well as interface with the OEM fleet departments.
Among the violations were credit-card charges relating to repairs for damage that either had not happened or had been exaggerated.
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