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Rental Operationsby StaffMay 6, 2009

High Incentives Spending in April Shows Mixed Results

Edmunds.com estimated that the average automotive manufacturer incentive in the U.S. was $3,031 per vehicle sold in April 2009, down $134, or 4.2 percent, from March 2009, and up $680, or 28.9 percent, from April 2008.

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Rental Operationsby StaffMay 6, 2009

Sabre: Overall Travel Holds Steady Despite Flu Advisories

Sabre acknowledges that while travel to Mexico has declined, business and leisure travel within the U.S. and other parts of the world remain solid.

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Rental Operationsby StaffMay 6, 2009

End of April Sees Stable Used-Car Market

Black Book reports that most segments of the used vehicle industry have remained strong over the last 30- and 90-day periods ending May 1, 2009.

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Rental Operationsby StaffMay 6, 2009

Fitch Assesses Chrysler Bankruptcy

The credit ratings agency expresses concerns on potential risks stemming from declines in Chrysler vehicle values, and that Chrysler may be limited in its ability, or may not be able at all, to entirely fulfill its repurchase obligations on program vehicles.

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Rental Operationsby StaffMay 6, 2009

Location Manager Position Open in Arkansas

A major car rental franchisee is seeking a location manager in Northwest Arkansas.

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Rental Softwareby StaffMay 1, 2009

TSD and VMS Integrate Software Applications

TSD customers using any of TSD's rental software applications, including the latest “loaner” and “rental.net” software, will have easy access, on a cost-free basis, to VMS's seamless, technology-based solution to the operational disruptions, cost, and customer service problems associated with unpaid traffic violations.

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Rental Operationsby StaffMay 1, 2009

ACRA Addresses Funding in Letter to Congress

The American Car Rental Association asks that funds be loaned to financially qualified car rental companies under reasonable conditions set by the financing arms, similar to what existed as recently as last year.

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Rental Operationsby StaffApril 30, 2009

Chrysler LLC and Fiat Group Announce Global Strategic Alliance

Chrysler announces details on new partnership. Nardelli to leave company following bankruptcy.

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Rental Operationsby StaffApril 30, 2009

Chrysler to File for Bankruptcy

Chrysler-Fiat partnership is also announced. The bankruptcy is backed by new government loans designed to allow a Chrysler-Fiat partnership to emerge from court in 30 to 60 days.

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Rental Operationsby StaffApril 29, 2009

Enterprise Call Center Inundated with Job Applicants

The customer claims processing call center, still under construction, is hiring for positions in areas such as billing, recovery, and support.

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