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The company has now completed, one year ahead of schedule, transactions affecting a majority of its U.S. fleet debt scheduled to be refinanced by the end of 2010.
Read More →The former Advantage Rent a Car owner's June bankruptcy filing is now only the least of his worries.
Read More →American Society of Travel Agents (ASTA) estimates its agents' share of car rental sales is 25 percent of total sales. Chris Russo, ASTA president, thinks that total should be higher.
Read More →Indicative of a national trend to tighter rental fleets, Tulsa International Airport's rental car companies are often sold out during the week.
Read More →Car rental operators at the Yampa Valley Regional Airport believe the proposed car rental tax increase, the highest car rental tax in all of Colorado, could cause them to lose business to neighboring cities.
Read More →Enterprise Holdings Inc. announced that its indirect, wholly owned subsidiary, ARG Funding Corp., has commenced a tender offer to purchase for cash any and all of its specified rental car asset backed notes.
Read More →“I am yet to find anyone who remembers a time when the market has retained such strength over the summer and into the fall,” says Dan Galves regarding current wholesale market conditions.
Read More →KAR Holdings, Inc. is the holding company for ADESA, Inc., a leading provider of wholesale used vehicle and salvage auction services in North America. Timing has not been announced.
Read More →Beginning Sept. 14, Zipcar will add 12 new vehicles in reserved parking spots on city streets in the neighborhoods adjacent to UCLA and USC.
Read More →The legislation is intended to drive new consumer spending from foreign visitors, who spend an average of $4,500 per person, per trip in the U.S.
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