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NewsMarch 15, 2011

Rental Companies Question Data that Led to Safe Rental Car Act

The data showed that Enterprise, for example, after 90 days had fixed an average of 65 percent of the cars subject to recalls between June 2006 and July 2010.

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NewsMarch 2, 2011

Avis Budget Group Receives WBENC Top Corporation Award for 11th Consecutive Year

The Women’s Business Enterprise National Council (WBENC) chose the company, along with 19 other U.S. companies, as part of their annual Top Corporations listing for 2010.

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NewsFebruary 24, 2011

Dollar Thrifty Reports $131.2 Million Net Income for 2010

Dollar Thrifty Automotive Group increased net income from $45 million in 2009. The company noted that rental revenue was flat on a year-over-year basis and also discussed the status of a potential merger with Avis Budget Group.

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NewsFebruary 17, 2011

Avis Budget Goes from Red to Black in 2010

Avis Budget Group reported net income of $54 million in 2010, compared with a loss of $47 million in 2009. The company’s 2010 fourth quarter loss totaled $24 million, compared with a $49 million loss a year earlier.

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NewsFebruary 16, 2011

Avis Budget Receives National Smoke-Free Business Award

The company was awarded recognition for its 100 percent smoke-free fleet policy.

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NewsFebruary 16, 2011

Avondale Report: Positive Earnings Outlook for 2011

For the Dollar-Thrifty Group, Avondale maintained its Market Perform rating and its $47 price target as long as merger speculation continues.

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NewsFebruary 8, 2011

Avis Budget Group and OPENLANE to Sell Vehicles Online to Canadian Dealers

The two companies have expanded their partnership to begin offering Avis Budget Group vehicles on OPENLANE's Canadian auction site.

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NewsFebruary 2, 2011

Avis Budget Group Partners With La Quinta Inns & Suites

Avis Rent A Car and Budget Rent A Car are added to La Quinta Returns, the hotel chain's customer loyalty program.

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NewsFebruary 2, 2011

Avis Budget Says No to No-Show Fees

The car rental company says it will focus on other strategies for fleet optimization, such as pre-payment.

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NewsJanuary 26, 2011

Global Car Rental Revenues Expected to Top US$53 Billion in 2015

Global Industry Analysts Inc. research forecasts global revenues for the car rental industry.

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