Dollar Thrifty press release states: "Avis Budget has not demonstrated to our satisfaction ... that it would adequately protect our shareholders in the event that Avis Budget is unable to obtain the required regulatory approvals."
Read More →One top Dollar Thrifty shareholder said Hertz’s cash-and-stock offer undervalues his holdings.
Read More →TRALA President and CEO Tom James testified before Congress Tuesday in support of preservation of the existing federal law, known as the Graves/Boucher Law, which preempts states from imposing vicarious liability on owners of rented and leased vehicles.
Read More →The DMV rule states that motor vehicle renters should collect 10 percent rental tax on items such as parking tickets, delivery charges, pickup charges, recovery charges, pass through charges, transportation charges and third party service charges, because DMV considers these items to be part of the gross proceeds from the rental.
Read More →Hecker’s leasing company allegedly bought "risk" vehicles from Hyundai Motor America, but treated them as "repurchase" vehicles, leading lenders to believe that Hyundai would buy them back for a set price if they did not sell within a period of time.
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During the BusCon show, the Micro Bird G5 will be on display in the Propane Education and Research Council (PERC) Propane booth (No. 226) at the Navy Pier in Chicago. The show is open to industry trade representatives today and Thursday.
Read More →The car rental company was honored by U.K.-based Business Traveller magazine and received two awards for being the best car rental company worldwide and in Europe.
Read More →New online platform allows car buyers to cross-shop rental brands for used-car inventory while taking advantage of Rent2Buy’s unique ‘try-before-you-buy’ concept.
Read More →Hertz's CEO Frissora calls Avis' letter: "Yet another press release with nothing new other than an admission, at last, that 'antitrust approval is a hurdle for an Avis Budget-Dollar Thrifty deal' ..."
Read More →Avis Budget Group contends that Hertz anti-trust hurdles are "significant." Avis wants delay in shareholder vote.
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