Purchase price is approximately $1 billion total. “While Avis Budget will continue to monitor the Dollar Thrifty situation, the Company's focus squarely will be on completing and integrating the significant acquisition of Avis Europe,” according to a press statement by the companies.
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An Avis licensee serving Southwest Missouri uses his rental fleet to help in the relief effort.
Read More →Annual reminder part of effort to help officials address outstanding tickets and revenue shortfalls.
Read More →Hertz developed an online quiz for customers to take to see if they are the “gas” or the “brake” in terms of driving habits. The results tell customers which collection of cars they should rent from.
Read More →Legislation in Oregon would make it easier for residents to rent out their personal vehicles.
Read More →Hertz is now offering Ultra Motor electric bicycles for customers to rent in London.
Read More →Dollar Thrifty’s Board of Directors unanimously recommends that shareholders not tender their shares pursuant to Hertz's offer to acquire all of the outstanding shares of common stock of Dollar Thrifty for $72 per Dollar Thrifty share, consisting of $57.60 in cash and 0.8546 shares of Hertz common stock.
Read More →The study shows that 85% of travelers are leisure travelers who choose to drive to their destination even if another form of transportation were available.
Read More →Concessions regarding a merger with Dollar Thrifty called “manageable.” Full FTC report has not yet been released.
Read More →CarTrawler gains real-time distribution to new customers via the Travel Booster network; Travel Booster users benefit from the largest selection of car rentals across the globe.
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