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Faulkner brings more than 35 years of experience in car rental, as a corporate area manager, franchisee, independent RAC owner and legislative advocate.
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Revenue totaled $1.5 billion, an increase of 3 percent year-over-year, while net income gained 58 percent.
Read More →Favorable deals with the OEMs, a mix of vehicles with higher residual values and higher-return remarketing channels all bode well for continued lower fleet costs, says equity research firm MKM Partners.
Read More →The new agreement provides Avis Budget with an exclusive opportunity to promote its Avis Rent A Car and Budget Rent A Car brands with the more than 105 million business and leisure travelers that fly with American Airlines and American Eagle Airlines each year.
Read More →Ricky Beggs of Black Book provides an in-depth analysis of the wholesale market for the quarter and year to date.
Read More →American wants to "force agencies to connect directly to [American's] system to access content as opposed to using global distribution systems," or GDSs, Orbitz President and Chief Executive Barney Harford told the Wall Street Journal.
Read More →The Hard Rock San Diego hotel and Enterprise Rent-A-Car are offering customers a free one-day hybrid car rental through the “I’m Dreaming of a Green Christmas” package.
Read More →Hertz Global Holdings Inc. reported third quarter 2010 worldwide revenues of $2.2 billion, an increase of 7.1 percent year-over-year. Transaction days for the car-rental segment grew 8.2 percent, while the rental rate per transaction day rose 1.1 percent.
Read More →Dollar Thrifty Automotive Group Inc.'s net income grew to $49.16 million in the third quarter compared with $30.09 million in the prior-year period, constituting the best quarterly financial performance in company history, company executives said.
Read More →The car rental company urges for-profit car-sharing operators to join the broad-based coalition against discriminatory car rental excise taxes.
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