RAC Stocks Slump after Dollar Thrifty 2007 Outlook
Dollar Thrifty recently slashed its adjusted 2007 per-share earnings forecast by about 50 percent to between 90 cents and 95 cents.
Dollar Thrifty recently slashed its adjusted 2007 per-share earnings forecast by about 50 percent to between 90 cents and 95 cents.
Readers chose Avis as the best car rental company in the Europe and Worldwide categories in the annual survey of business traveler preferences.
Carmakers sell fewer cars to daily rental fleets in what analysts predict could be the lowest U.S. auto sales year in more than a decade.
Colorado is working on legislation that would increase car registration fees an average of $100 and add an extra $6-a-day fee to car rental or hotel room bills.
At Expedia.com, a banner with malware has tried to direct anyone who clicks on it to a site to install a Trojan.
This brings the total number of Payless Car Sales Florida franchisees to an even dozen, more than in any other state.
In a major victory for the vehicle renting and leasing industry, a New York appellate court has upheld the Graves Amendment as constitutional and valid.
The Florida "Drive Out" Program offers daily rates, for rentals up to four days, that start at $1 a day for an economy car reserved in January, $2 a day when reserved in February or $3 a day when reserved in March.
Those enrolled in the program will have access to a fleet of six hybrid vehicles strategically parked in four areas throughout the campus.
A Chevy Aveo for $107 a day? It must be Super Bowl week.
The car rental company is offering 50 percent off weekend rentals nationwide.
Having Advantage car rentals at Chicago O'Hare will give the company greater visibility.
The investors' service cited concerns that purchases under the newly authorized repurchase program, combined with the potential exercise of an option to increase ownership in Carey International could occur as the US economy is weakening.
Citing reduced travel, the rental car company makes its third retrenchment within a year.
Avis Budget estimated adjusted 2007 earnings before interest, taxes, depreciation and amortization of $405 million to $410 million and income of between $193 million and $198 million.
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