Rental Car Price Increase Becomes Law in Nevada
State legislature overrides governor, who vetoed the increase of about $1.25 per day.
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.
County officials in Montgomery County in Maryland said the car-sharing program that was implemented in January has only been used 16 times as of April 24 and has cost more than $1,300 an hour to use the vehicles.
With 789 Chrysler dealerships closing down, dealers are looking to sell vehicles by June 9 or face losing the cars to auctions.
Says Avis Budget Group executive vice president and CFO David B. Wyshner, “With this financing, we are not only obtaining additional liquidity at competitive rates; we are also executing against a funding strategy that anticipates a rebound in car rental demand in 2010.”
Study shows worldwide volumes won't return to pre-crisis levels until 2012.
The joint venture between ACE Rent A Car Reservations Inc. and Bluebird Auto Rental Systems Inc. is XML-based and will deliver reservations to ACE's affiliates in real time.
Rental car companies would not have to post a bond to release a car that was impounded from drivers without a valid license.
The Burbank-Glendale-Pasadena Airport Authority of California is deciding whether or not to create a transit center which would include car rental, bus and train service to a single point to link with air service at the Bob Hope Airport.
GELCO and GE Fleet Services allege Denny Hecker defaulted on $7.2 million in car leases.
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