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Rental Operationsby StaffSeptember 6, 2011

Auto Rental Rate Analysis for August

Most rates in the six major cities had a slight increase at the end of August — recovering from a huge drop in July. Seattle, though, continued to experience a decrease going into September.

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Rental Operationsby StaffSeptember 6, 2011

International Car Theft Ring Targets Luxury Rental Cars

The group of 13 people accused of car theft shipped vehicles rented from national car rental chains to Turkey and Iraq.

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Rental Operationsby StaffSeptember 2, 2011

Alamo Launches Partnership with Japan Airlines

The partnership will gain 300 miles per rental for the airline’s frequent fliers in the U.S. and Canada.

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Rental Operationsby StaffSeptember 2, 2011

Fuel Prices To Rise in September But Boom Can’t Last

The national average of $3.62 per gallon is almost $1 per gallon more than a year ago.

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Fleet Acquisitionby StaffSeptember 2, 2011

Hertz Completes Donlen Acquisition

Final acquisition price of $177 million is lower than initial $255 million. Assumption of Donlen fleet debt is $770 million, $90 million more than original assumption.

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Rental Operationsby StaffSeptember 2, 2011

National Car Rental Moves to Main Terminal of Portland Airport

The agency’s airport branch was located off-site from the terminal prior to relocating.

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Rental Operationsby StaffSeptember 1, 2011

ALG: OEMs Still Overfleeting in Some Rental Segments

Automotive Lease Guide reports manufacturer penetration into the Entry Compact segment average 28.3 percent of sales in the last 12 months.

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Rental Operationsby StaffAugust 31, 2011

Enterprise Reports Labor Day Reservations Up 25%

The data comes from Enterprise’s neighborhood locations.

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Rental Operationsby StaffAugust 31, 2011

Enterprise Helps in Post-Irene Recovery Efforts

The car rental industry was recognized by the U.S. Travel Association as playing an important role in restoring communities after a disaster strikes.

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Rental Operationsby StaffAugust 31, 2011

Avis Budget Group Finishes $650 Million Bond Offering

Avis Budget Group announced the completion of an asset-backed bond offering for its Avis Budget Rental Car Funding LLC subsidiary with a weighted average interest of 3.5 percent.

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