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Rental Operationsby StaffJune 10, 2009

DTAG Releases Update on Chrysler Exposure

Chrysler Group LLC (the "New Chrysler") has agreed to assume the residual value guarantees and rebate bonuses offered to fleet customers under the old company's (Chrysler LLC) guaranteed depreciation programs.

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Rental Operationsby StaffJune 4, 2009

New Advantage Opens in 15 Locations

Advantage Rent a Car, now operated by Hertz, plans to open six more locations by mid-July.

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Rental Operationsby StaffJune 3, 2009

ACE Rent A Car Opens 5 Locations

ACE Rent A Car has added several new locations, including Fort Lauderdale, Fla., Dallas, Panama City, Panama and Puerto Vallarta, Mexico.

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Rental Operationsby StaffJune 3, 2009

Alamo's Florida ‘Drive-Out' Program Available through July 18

Under the program, Alamo customers traveling from select cities in Florida can rent cars for as little as $10 per day for economy through midsize cars or $12 per day for full-size cars.

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Rental Operationsby StaffJune 3, 2009

FSNA Announces Second Quarter Results

Franchise Services of North America Inc. (FSNA) reported the revenue and net loss for the three months ending March 31 were $3.4 million.

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Rental Operationsby StaffJune 3, 2009

Rental Car Tax to Help Pay for Louisiana Airport Terminal

An ordinance implements a $3 charge for every rental car transaction at the airport.

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Rental Operationsby StaffJune 3, 2009

Rental Agencies at Vegas Airport Can't Get a Break in Rent

Concession operators ask for rent reduction in the wake of slumping passenger counts.

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Rental Operationsby StaffJune 3, 2009

Hecker Sued for Business Jet

After losing a $477 million default judgment from Chrysler a $3.15 million suit from Ford, closing several dealerships and 40 of his Advantage Rent A Car locations, now he may have to turn over his business jet.

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Rental Operationsby StaffJune 3, 2009

Rental Car Price Increase Becomes Law in Nevada

State legislature overrides governor, who vetoed the increase of about $1.25 per day.

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Rental Operationsby StaffJune 3, 2009

GM Owes $33 Million to Enterprise

Enterprise Rent-a-Car is listed as a creditor in GM's bankruptcy petition.

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