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Rental Operationsby StaffNovember 12, 2008

Hertz Fails to Meet its Latest Forecast

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.

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Rental Operationsby StaffNovember 12, 2008

Dollar Thrifty Quarterly Profit Beats Market Estimates

The company expects to report a pre-tax loss, however, excluding items, significantly in excess of prior year's fourth-quarter loss.

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Rental Operationsby StaffNovember 12, 2008

Avis Budget Posts Lower-Than-Expected Q3 Profit

The company also expects 2008 revenue to be significantly lower than its prior view due to a fall in vehicle rental revenue.

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Rental Operationsby StaffNovember 12, 2008

Advantage Rent A Car Offers Discounts and Waives Fees at Surfing Competition

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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Rental Operationsby StaffNovember 12, 2008

J.D. Power: Enterprise Ranks Highest in Rental Car Customer Satisfaction

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.

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Rental Operationsby StaffNovember 12, 2008

Average Wholesale Price at 13-Year Low, But Look for Restoration in Confidence

The credit crisis might continue to cause softening in wholesale values for the rest of the year and into next year.

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Rental Operationsby StaffNovember 12, 2008

Wall Street Crisis May Cause Phoenix Airport Fees to Rise

Renters at Sky Harbor Int'l Airport could face a 33 percent increase in fees starting Jan. 1.

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Rental Operationsby StaffNovember 5, 2008

AAAE Talks Car Rental in Santa Barbara

Airport representatives, developers, architects, consultants and representatives from the car rental industry meet to discuss issues regarding consolidated rental car facilities, among other topics.

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Rental Operationsby StaffNovember 5, 2008

Dollar Thrifty Announces Workforce Reduction

DTG has reduced its workforce by 6 percent, or 400 employees, for an estimated annual savings of $15 million.

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Rental Operationsby StaffNovember 5, 2008

Advantage Announces Green Rewards Program

New program gives customers points that can be redeemed for free rentals and other services.

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