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Rental Operationsby StaffJanuary 7, 2009

Hyundai Appoints New National Fleet and Remarketing Manager

Newly announced national fleet and remarketing manage Tom Hetrick has been a Hyundai employee for 22 years.

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Rental Operationsby StaffJanuary 7, 2009

Ryder to Acquire Edart Leasing in Northeast U.S.

Ryder will obtain approximately 150 rental units from Edart's fleet.

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Rental Operationsby StaffJanuary 7, 2009

Mike Cunningham Set as 2009 CAR Keynote Speaker

Mike Cunningham will present “Dealer's Perspective: How Consignors Can Bring More Dealers to the Lanes.”

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Rental Operationsby StaffJanuary 7, 2009

U.S. Auto Sales Drop 18 Percent in 2008

The slump is causing some drastic measures, with one automaker promising to let buyers return cars for up to a year if they lose their jobs.

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Rental Operationsby StaffJanuary 7, 2009

Analysts: Cost Initiatives Should Help Avis Budget

One analyst sees positives even with a weakening economy and pricing pressure for Avis' truck rental business.

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Rental Operationsby StaffJanuary 7, 2009

Dollar Thrifty Automotive Group Provides Year-End Update

Dollar Thrifty ends the 2008 year with the same cash balance of $210 million that the company reported in September 2008.

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Rental Operationsby StaffDecember 31, 2008

U-Save Builds A House

Franchise Services North America (FSNA), owners of U-Save Car & Truck Rental, recently teamed up with LeFleur Transportation, Sears of Ridgeland, TEC Accounting firm, A.S.A.P. Printing and Safety Nets to help build a Habitat for Humanity home.

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Rental Operationsby StaffDecember 31, 2008

Avis Budget Group Acquires Commitments to Renew Asset-Backed Conduit Financing

Avis Budget Group also launches an amendment to senior credit facilities.

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Rental Operationsby StaffDecember 31, 2008

Avis Budget Group Shares Rise 34 Percent After Banks Renew Financing

Avis Budget is also seeking to modify debt and interest ratios associated with a line of credit.

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Rental Operationsby StaffDecember 31, 2008

Dollar Thrifty Faces Its Second Ratings Drop

Remaining on Creditwatch since February contributed to Dollar Thrifty's decline in ratings.

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