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Rental Operationsby StaffMay 11, 2010

ARN Launches New Website

Auto Rental News announces the launch of its redesigned Website, www.autorentalnews.com. The updated site includes dedicated channels to address fleet acquisition, remarketing, rental software, telematics, fleet insurance and rental operations.

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Rental Operationsby StaffMay 5, 2010

Dollar Thrifty to Consider Avis Offer

Dollar Thrifty responds to Avis Budget Group's May 3 letter about offering a competing bid to Hertz and tells the company that it “is prepared to entertain a 'substantially higher offer.” Dollar Thrifty also tells Avis Budget that it "mischaracterized prior events and interactions between the two companies."

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Legal & Legislativeby StaffMay 5, 2010

Hawaii Lawmakers Approve Car Rental Fee Increase

The bill will raise daily car rental fees from $1 to $4.50, and raise about $45 million next fiscal year. The money raised will go toward construction of a $230 million rental car facility at Honolulu International Airport and an overflow vehicle storage facility at Kahului airport on Maui.

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Legal & Legislativeby StaffMay 5, 2010

Car Rental Fee May be Used to Lure Airline to S.C.

A 5-percent car rental fee would go toward raising $1.5 million yearly for incentives to attract a discount airline carrier. The fee would work like a tax on the car rental firms, which would be required to pay an amount equal to 5 percent of gross rental charges each month. The fee would apply to any passenger vehicle rented or leased for 90 days or less in Charleston County.

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Legal & Legislativeby StaffMay 5, 2010

Rental Car Tax to Help Pay for Proposed Stadium in Minnesota

As part of a new bill, the rental car tax will help fund a $791 million multipurpose stadium, which would replace the Metrodome in Minnesota.

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Rental Operationsby StaffMay 5, 2010

Avis Budget Narrows Loss in Q1

Excluding unusual items, first quarter EBITDA was $39 million and pretax loss was $25 million, compared with an EBITDA loss of $3 million and a pretax loss of $63 million in the prior year first quarter.

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Rental Operationsby StaffMay 5, 2010

And Then There Were Three

How will the potential Hertz acquisition of Dollar Thrifty affect franchisees and independents?

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Rental Operationsby StaffMay 5, 2010

Sixt Launches Pilot Program to Rent Electric Cars

Sixt, Germany's largest car rental company, and energy supplier RWE expanded their partnership and started a pilot program Tuesday to offer customers the opportunity to rent electric cars.

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Rental Operationsby StaffMay 5, 2010

Volcanic Ash Cloud Costs European Car Rental Industry €65 million

The unprecedented travel disruption across Europe resulted in 22 percent of global car rental bookings being canceled, with over 95 percent of passengers not collecting their rental cars at most European airports.

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Fleet Acquisitionby StaffMay 5, 2010

Chrysler Offers May Incentives on 2010 Vehicles

The automaker said it will offer cash back or zero-percent financing on most 2010 model year Chrysler, Dodge, Jeep and Ram truck vehicles when financed through GMAC Financial Services.

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