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This week's strong performance by Dollar, Avis and Hertz is a positive step as analysts expect 2010 to remain a challenging year for the industry.
Read More →Police seek man who drove off in a rental car after claiming he was the “partner” of the man whose name was on the contract.
Read More →The brief, 10-question survey covers topics such as fleet size, average hold time and fleet repurchase habits. Deadline to participate in the survey is April 12.
Read More →KT Corp. will acquire Kumho Rent-a-car Co., a car rental unit of the ailing Kumho Asiana Group, which owns 50,000 vehicles and operates in 169 locations, including nine overseas.
Read More →These moves will help the car rental company expand in North Africa and the Middle East.
Read More →The car rental company will sell its vehicles using Salvage Direct's auction platform, SalvageDirect.com.
Read More →The transaction is the first multi-tranche asset-backed securities offering by a rental-car company since 2003.
Read More →The money raised would 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.
Read More →Creation of the new facility is part of “Destination Lindbergh,” a plan to revamp operations at San Diego's airport to improve efficiency.
Read More →The industry will likely be affected by the addition of no-show fees, says Advito, a travel-management advisory group.
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