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Rental Operationsby StaffOctober 14, 2009

Metavera Solutions and Convadis AG Launch CarSharing IT Sales & Distribution Partnership

As a result of this new venture, Metavera Solutions will have global distribution rights to Convadis hardware with exclusivity in North America and Latin America -- marketing, selling, and supporting the combined solutions.

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Rental Operationsby StaffOctober 14, 2009

Enterprise Becomes Official Rent-A-Car of the NHL and NHLPA

Enterprise has entered into a multi-year agreement with the NHL and NHLPA. Under the agreement, Enterprise will be partnered with each of the 30 NHL clubs, providing the rental car company with a highly visible presence on the national level as well as the local level.

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Rental Operationsby StaffOctober 14, 2009

Jim Cramer Gets It Wrong Again

Cramer blesses Hertz and damns other car rental stocks for the wrong reasons.

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Rental Operationsby StaffOctober 14, 2009

Cash for Clunkers Hangover Reflected in Wholesale Market

In his monthly used vehicle market conditions commentary, Tom Kontos of Adesa reports that wholesale used vehicle prices in September averaged $9,742 -- a 2.1 percent decrease from August but a 2.1 percent increase from September 2008.

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Rental Operationsby StaffOctober 14, 2009

Feeling the Burdens of Success

Once a local start-up, Zipcar has become an international enterprise…and is the target of a class-action lawsuit.

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Rental Operationsby StaffOctober 14, 2009

DTAG Provides Update on Fleet Diversification & Cost

Dollar Thrifty cuts its Chrysler fleet from 85 percent to 30 percent, while increasing Ford to 34 percent for 2010.

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Rental Operationsby StaffOctober 14, 2009

S&P Raises Avis Budget Group's Credit Rating

Standard & Poor's has raised Avis Budget Group's credit rating to “B-“ from “CCC+,” which is due to improved liquidity.

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Rental Operationsby StaffOctober 7, 2009

Localiza Sees Biggest Stock Rally Since May After Olympic Announcement

Brazil-based Localiza Rent a Car saw its biggest two-day gain of 4.9 percent in five months, after it was announced that the country will host the 2016 Olympic Games.

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Rental Operationsby StaffOctober 7, 2009

Car Rental Booking Prices Compared Across Providers

A travel advisor tests online pricing for various OTAs and car rental companies' sites. How did pricing fare?

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Rental Operationsby StaffOctober 7, 2009

AARP Places Avis Budget Group on List of Best Employers for Workers over 50

Currently, 47 percent of Avis Budget Group's workforce falls into the “over 50” category.

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