Dollar Thrifty Signs Long-Term Vehicle Supply Agreement with Chrysler Group
For 2013, the company is also pleased to report two new supplier relationships, adding Mazda and Volkswagen products to its fleet.
June 27, 2012
For 2013, the company is also pleased to report two new supplier relationships, adding Mazda and Volkswagen products to its fleet.
June 27, 2012
Out of 2012 fleet purchases, 67% of the vehicles receive 30 miles per gallon or better.
April 3, 2012
While the company remains interested in obtaining FTC approval, Hertz announced Oct. 27 that it is withdrawing its exchange offer, which would have expired Nov. 1.
October 27, 2011
The exchange offer and withdrawal rights will expire Nov. 1, but no other aspect of the terms or offerings changed.
September 12, 2011
Dollar Thrifty says it intends to solicit final proposals in early October.
August 22, 2011
The car rental company said the transaction will provide additional long-term fleet funding before the next scheduled fleet debt matures.
June 23, 2010
The deal will give Hertz an additional 1,550 locations worldwide and a total of 9,800 across six continents. Under the terms of the deal, Hertz will pay $41 a share, a 19 percent premium over Dollar Thrifty’s 30-day average stock price. The offer is 80 percent cash and 20 percent stock.
April 26, 2010
The transaction provides the company with the funding to complete expected fleet purchases, DTG’s President and CEO Scott L. Thompson said. "It also confirms that the company is again able to access vehicle financing at competitive rates and enhancement levels and highlights our plan to lower the overall interest carry cost of our fleet consistent with our focus on return on assets," he added.
April 14, 2010
Forty percent of DTG's vehicles are rated over 30 mpg.
December 23, 2009
A meeting between a trading and research firm and Dollar Thrifty sheds light on current state of the industry.
December 2, 2009
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