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The following is a letter written by Bill Connors, executive director and COO of the National Business Travel Association. Connors is responding to the article "Adding Extra Fees: What's the Law," written by Michael LaPlaca in the January/February issue of Auto Rental News.
Read More →The TALF will start disbursing funds March 25 and will probably accept securities backed by vehicle-fleet and equipment leases starting next month, the Fed and Treasury said in a March 3 statement.
Read More →Rental car demand and vehicle values drop. Operating conditions are expected to remain weak for at least the first half of 2009.
Read More →Sports cars, prestige luxury cars, and luxury-level cars lift the car segment. Ten of 14 truck segments also rise in value.
Read More →Market Metrix reports that in 2008, car rental companies were down (-0.9) in customer satisfaction compared to 2007.
Read More →Sales to rental fleets dropped 58 percent in February year over year, contributing to an overall vehicle sales plunge of more than 41 percent for domestic and foreign manufacturers.
Read More →Under the amended agreements, the Company will no longer be required to maintain a minimum leverage ratio.
Read More →With two pre-conference workshops, interactive breakfast roundtables and a ride and drive, the 2009 Car Rental Show gives you more ways than ever to network, learn and build your business.
Read More →If the agreement is accepted, Enterprise will have the ability to close or continue to operate any of Advantage's rental car facilities.
Read More →The following is an op-ed piece by Sean Busking, executive director of the American Car Rental Association (ACRA).
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