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Despite a slight decline in wholesale used vehicle prices in the last quarter of 2013, prices remained at historically high levels as consumer demand for used vehicles remained strong.
Read More →With this decision, the final award of $19.2 million stands.
Read More →Last Friday, CNBC broke news that investor Carl Icahn might have bought as many as 30 to 40 million shares in Hertz Global Holdings Inc.
Read More →Before leaving for the 2013 year-end recess, Congress failed to renew the federal research credit and the other expiring tax provisions collectively referred to as “tax extenders.” But WTP Advisors says it’s likely that the federal research credit will be available for qualified research conducted in 2014.
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The United States Bankruptcy Court for the Southern District of Mississippi has declared that Catalyst Group Inc. is the prevailing purchaser in the auction of Franchise Services of North America’s wholly-owned subsidiary, Simply Wheelz LLC (which does business as Advantage Rent A Car).
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In addition to a $4.83 increase in rates from December 2013 to December 2012, Rate-Highway’s recent monthly rate survey also presented inconsistent rates among the individual cities — Houston was up $26.78 while Chicago was down $26.38.
Read More →Judge orders renter to pay $247,890 in attorney’s fees as well as litigation costs.
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North America remained Volvo's largest market just ahead of China for 2013, as the automaker reported a 10.1% decline in sales partly due to a shift toward retail sales and away from rental fleet sales.
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SeaTac Proposition 1, which raises minimum wage to $15 an hour for all employees in the hospitality and transportation industries, has been ruled as not applicable to workers at Seattle-Tacoma International Airport, according to a King County Superior Court judge.
Read More →Avis Budget Group Inc. has expanded its exclusive, multi-year agreement with AARP to include Payless Car Rental. AARP members will now receive discounted rates and special offers on Payless rentals.
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