Chrysler Group LLC (the "New Chrysler") has agreed to assume the residual value guarantees and rebate bonuses offered to fleet customers under the old company's (Chrysler LLC) guaranteed depreciation programs.
Advantage Rent a Car, now operated by Hertz, plans to open six more locations by mid-July.
ACE Rent A Car has added several new locations, including Fort Lauderdale, Fla., Dallas, Panama City, Panama and Puerto Vallarta, Mexico.
Under the program, Alamo customers traveling from select cities in Florida can rent cars for as little as $10 per day for economy through midsize cars or $12 per day for full-size cars.
Franchise Services of North America Inc. (FSNA) reported the revenue and net loss for the three months ending March 31 were $3.4 million.
An ordinance implements a $3 charge for every rental car transaction at the airport.
Concession operators ask for rent reduction in the wake of slumping passenger counts.
After losing a $477 million default judgment from Chrysler a $3.15 million suit from Ford, closing several dealerships and 40 of his Advantage Rent A Car locations, now he may have to turn over his business jet.
State legislature overrides governor, who vetoed the increase of about $1.25 per day.
Enterprise Rent-a-Car is listed as a creditor in GM's bankruptcy petition.
Mileage of rental units in the market has climbed significantly.
Chris Brown, executive editor of fleet publications in Bobit Business Media's Auto Group, has started a blog that will cover fleets, auto rental and the business of cars.
The following was written by Sean Busking, executive director of ACRA, to Karen Mills, the administrator for the U.S Small Business Administration (SBA).
Hertz said it agreed to sell 46 million shares at $6.50 each. Hertz expects proceeds of $949 million from the offerings.
Expedia.com will now eliminate change fees and cancel fees on all car rental reservations.
media brand
The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!
Already a member? Log In
