With third-quarter net income falling to $17.7 million, the company started programs to reduce employee headcount by about 1,400 and to close 80 net locations.
Read More →The company expects to report a pre-tax loss, however, excluding items, significantly in excess of prior year's fourth-quarter loss.
Read More →The company also expects 2008 revenue to be significantly lower than its prior view due to a fall in vehicle rental revenue.
Read More →Chosen as the official rental car company for the 26th Annual Vans Triple Crown of Surfing, Advantage offers up to 50 percent in savings compared to competitor rates and will waive its young driver fee and additional driver fee.
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The J.D. Power and Associates 2008 Rental Car Satisfaction Study reports customer satisfaction having dropped considerably for the second consecutive year. Enterprise ranked highest in the study, followed by Hertz and Alamo.
Read More →The credit crisis might continue to cause softening in wholesale values for the rest of the year and into next year.
Read More →Renters at Sky Harbor Int'l Airport could face a 33 percent increase in fees starting Jan. 1.
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Airport representatives, developers, architects, consultants and representatives from the car rental industry meet to discuss issues regarding consolidated rental car facilities, among other topics.
Read More →DTG has reduced its workforce by 6 percent, or 400 employees, for an estimated annual savings of $15 million.
Read More →New program gives customers points that can be redeemed for free rentals and other services.
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