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Rental Operationsby StaffOctober 7, 2009

After Error, Audit Integrity Removes Mylan Inc. from Bankruptcy List

Research firm stands by other findings of other companies most likely to file for bankruptcy, including Hertz Global Holdings.

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Rental Operationsby StaffOctober 7, 2009

Taylor Ranks 32nd on Forbes Rich List

As part of a collective decline on The Forbes 400 List, the Enterprise Rent-A-Car founder's net worth dropped by half since the 2008 ranking.

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Rental Operationsby StaffOctober 7, 2009

Zipcar: Application Available for iPhone and iPod Touch Users

The new Zipcar application, available on the Apple App Store, enables users to find and reserve Zipcars from across the globe.

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Rental Operationsby StaffOctober 7, 2009

Toyota Issues Floor Mat Inspection, Application and Installation Instructions

Read Toyota's safety advisory and warnings before installing any type of floor mat.

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Rental Operationsby StaffOctober 7, 2009

60-85% Excise Tax in Bahamas - and You Think You Have It Bad?

Business has slid 20 percent in the Bahamas year over year, blamed in part by new taxes. At least the John Travolta extortion case and Miss Universe Pageant have helped buoy rentals, says one operator.

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Rental Operationsby StaffOctober 7, 2009

Car Rental Owner Seeks Payment for Car Rental from Celebrity

Dennis DeSantis, owner of Specialty Car Craft, claims actress Lindsay Lohan owes him more than $10,000 for various rentals.

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Rental Operationsby StaffOctober 7, 2009

Avis Budget Group Announces Closing of $450 Million Term Asset-Backed Notes

The 5.68 percent notes were priced to yield 5.75 percent, have an expected final payment date in February 2013 and are rated AAA by Moody's Investors Service.

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Rental Operationsby StaffOctober 7, 2009

Avis Budget Group Announces Offering of $250 Million of Convertible Senior Notes

Avis Budget intends to simultaneously enter into a warrant transaction, or "call spread," and use a portion of the net proceeds of the offering to purchase a convertible note hedge. This may have an effect on the market price of Avis Budget's common stock, the company said.

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Rental Operationsby StaffSeptember 30, 2009

Hertz Bankruptcy! Have I Got Your Attention?

Hertz is suing a research firm that lists it as one 20 companies with the highest probability of declaring bankruptcy. In his Auto Focus blog, Chris Brown looks at the company behind the bankruptcy claim, its methodology and how is the market reacting.

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Rental Operationsby StaffSeptember 30, 2009

United's Mileage Plus: Members Can Use Miles for Car Rentals

In addition to booking a flight, United's Mileage Plus members can use their miles to book car rentals in the United States and Canada and hotels worldwide.

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