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Rental Operations•by Staff•August 17, 2011

Québec Car Sharer Goes Electric

Communauto will add 50 all-electric Nissan LEAFs to its fleet, including 15 available today.

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Rental Operations•by Staff•August 17, 2011

Alamo, Enterprise and National Launch Fall Promotion for U.S. Travel Agent Partners

The promotion, called “Back To Travel,” encourages club members to book Fall reservations and offers 25,000 Cash-In Club points.

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Rental Operations•by Staff•August 17, 2011

Hertz UK Launches Reverse Auction on Three-Day Weekend Rentals

Hertz’s mascot Horatio has opened a Reverse Auction Room that allows UK customers to bid and win an economy car rental for the weekend. The winner is the lowest unique price submitted.

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Rental Operations•by Staff•August 15, 2011

Hertz Receives Request for Additional Information from FTC Regarding Proposed Acquisition of Dollar Thrifty

Hertz has received a request for additional information from the FTC relating to Hertz's proposed acquisition of Dollar Thrifty.

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Rental Operations•by Staff•August 15, 2011

KAR Announces Agreement to Acquire OPENLANE

KAR Auction Services, Inc. announced today that its subsidiary, ADESA, Inc., has signed a definitive agreement to acquire the equity of OPENLANE, Inc., a leading Internet-based business-to-business automotive remarketing company.

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Rental Operations•by Staff•August 15, 2011

Black Book: All 24 Segments Decline, Again

In Ricky Begg’s weekly “Beggs on the Used Car Market” column, Beggs points out that for the second week in a row, all 24 vehicle segments have declined. Compact Cars declined the least at only -$14, while Prestige Luxury Cars declined the most at -$87.

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Rental Operations•by Staff•August 10, 2011

Hertz Introduces Hertz Gold Plus Rewards Customer Loyalty Program

To introduce the program, Hertz is offering a 500 point sign up bonus, equivalent to a free weekend rental day, and a 100 bonus points per paid rental day on qualifying rentals taking place through September 30, 2011.

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Rental Operations•by Staff•August 10, 2011

Zipcar Ups Revenue, Profits Flat in Q2

Zipcar reports a second quarter revenue increase of $61.6 million compared to $46.0 million in the prior year period. Zipcar reports adjusted EBITDA of $2.3 million compared to $0.3 million in the prior year period; US GAAP net loss of $5.6 million compared to a loss of $5.2 million in the prior year period.

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Rental Operations•by Staff•August 10, 2011

Rental Company’s Employment of Alleged Animal Abuser Brings Protest

Employee is accused of killing an estimated 20 rabbits.

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Rental Operations•by Staff•August 10, 2011

Fee Considered for Renters at Tampa Airport

The fee will go toward expanding the car rental facility and to pay down debt for current rental facilities.

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