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Rental Operationsby StaffAugust 11, 2010

NBTA Study Reveals Best, Worst Travel Taxes in Top 50 U.S. Destinations

The study shows that taxes targeting travel services increase cost by 56 percent. Rental industry says high discriminatory travel taxes deter meetings and harm local economy.

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Rental Operationsby StaffAugust 11, 2010

Average Total Cost of Domestic Car Rental for Business Travelers Remains Flat in June

The average total cost for a business traveler’s domestic car rental in June was flat year-over-year at $217.13, while the average length of rental was 3.06 days.

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Fleet Acquisitionby StaffAugust 11, 2010

Hyundai Ousts Nissan to Become One of Top Five Most-Considered Brands

A Kelley Blue Book study shows Ford as the most considered new auto brand, while Toyota continues to struggle.

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Rental Operationsby StaffAugust 11, 2010

Hertz Offers European Travelers ‘Family Pack’ Discounts

The car rental company is offering a free second driver and discounted child seats to customers who book a minimum five-day rental before Nov. 30, 2010.

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Rental Operationsby StaffAugust 11, 2010

Man Charged After (Very) Late Rental Return

Police say suspect was caught driving a rental car 18 months after he was supposed to return it.

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Rental Operationsby StaffAugust 5, 2010

Avis Budget Ups Profit in Q2

Company reports total revenue decrease of 1 percent versus second quarter 2009 and pretax income of $29 million, versus $2 million pretax loss in prior year. Rental day decrease and flat average daily rate offset by decrease car rental depreciation costs.

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Rental Operationsby StaffAugust 4, 2010

Hertz Boosts Worldwide Revenues 7.1 Percent in Second Quarter

Hertz reports record worldwide pre-tax income boost of 21.9 percent. U.S. car rental revenues increase 10.1 percent year over year. Company reports slight pre-tax loss attributed to one-time gain in second quarter 2009.

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Rental Operationsby StaffAugust 4, 2010

Dollar Thrifty Assesses Avis Budget Proposal in Aug. 3 Letter

In regards to the Hertz merger, Dollar Thrifty takes issue with "Avis Budget's unwillingness to provide a reverse termination fee," which DTAG interprets as a "lack of confidence by Avis Budget in its position" in regards to its ability to remediate any competitive issues and antitrust risks.

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Rental Operationsby StaffAugust 4, 2010

Hertz Obtains Canadian Antitrust Regulatory Approval

"Getting Canadian antitrust regulatory approval is another step in the process for us to successfully complete the merger with Dollar Thrifty which we look forward to completing in the near future,” said Hertz Chairman and CEO, Mark P. Frissora.

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Rental Operationsby StaffAugust 4, 2010

Enterprise to Cut Jobs, Move to Car Rental Facility at Tampa Airport

The layoffs will affect service agents and bus drivers, and will coincide with the company’s move to a consolidated car rental facility at Tampa International Airport, according to an Enterprise Holdings spokeswoman.

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