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Both the pricing data and the GUPPI results in the report support Hertz's view that a merger of Avis Budget and Dollar Thrifty poses a far higher anti-trust risk than a merger of Hertz and Dollar Thrifty.
Read More →The car rental company expects corporate adjusted EBITDA, excluding merger-related expenses, to be within $240 million to $260 million for the full year of 2010, an increase of $40 million from the company's previously announced guidance range.
Read More →Ninety-one percent of travelers will use automobiles to reach their holiday destinations. They will also travel shorter distances and spend more money.
Read More →Car rental employees found the gun in the vehicle and called police. Officers traced the stolen weapon to a friend of the woman who rented the car.
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The automaker said customers in California, Arizona, Tennessee, Washington and Oregon who made online reservations will now be able to choose the color and trim level of their Nissan LEAF.
Read More →Goldman Sachs and eHi Car Rental’s shareholders signed an investment agreement that will help eHi expand and promote ‘green’ car rental services in China.
Read More →The report from Manheim Consulting reveals the average price for off-rental vehicles increased in July and year-over-year.
Read More →DSC customers will be able to purchase wholesale vehicles directly from Hertz’s national fleet of well-equipped used cars, trucks, and SUVs, by contacting their local sales representative.
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In January, the Big Six — General Motors, Ford, Chrysler, Toyota, Honda and Nissan — held 73 percent of all commercial/ fleet sales. In July, that shrank to 64.7 percent and is expected to decline again in August.
Read More →The acquisition was made by HERC's European business unit for an undisclosed sum and will be integrated into HERC's European operations.
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