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To help win regulatory approval, the German car rental firm is in talks to take some of the business from an Avis Budget/Dollar Thrifty merger, according to the New York Post.
Read More →Revenue in established markets grows 20 percent, though net loss grows and is expected for the second quarter.
Read More →Hertz says it is engaged in discussions with the FTC and has commenced a process for the divestiture of its Advantage brand.
Read More →Beginning in June, overall North American production will reach approximately 70 percent of normal levels, up from approximately 30 percent in May.
Read More →Grand Prize Winner Receives National's Emerald Club Executive Elite Status for Life and 350,000 Airline Miles
Read More →Universal Lubricants will collect the spent motor oil of Alamo, Enterprise and National vehicles and re-refine the waste fluid to be used in a new motor oil, which will then circle back into Enterprise cars and light trucks.
Read More →ECI Partners, a UK mid-market private equity firm, will provide resources to help the online car rental distributor’s aggressive expansion plans. Founders Greg and Niall Turley will retain advisory roles.
Read More →According to Adesa, wholesale prices in April averaged $10,551, only 0.6 percent lower than last April’s record level.
Read More →Hertz's new offer is for $72 a share. Hertz said it will divest discount brand Advantage to gain FTC clearance.
Read More →John Holt has been appointed Vice President, Advantage Rent A Car, effective immediately, and reporting to the Company's Chairman and Chief Executive Officer, Mark P. Frissora.
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