Auto Rental News
MenuMENU
SearchSEARCH
Enter keywords to search across all content
NewsMarch 22, 2011

Hertz Expands Franchise Network

New franchise locations not named; franchise coordinator contact information included.

Read More →
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.

Read More →
NewsMarch 8, 2011

Hertz Corporation to Sell $500 Million Private Offering of Senior Notes

Hertz intends to use all of the net proceeds from the issuance of the Notes to redeem a portion of its outstanding 8.875% Senior Notes due 2014.

Read More →
Ad Loading...
NewsMarch 8, 2011

Hertz, Renault to Bring Electric Vehicles to European Rental Markets

Hertz will be adding 500 new Renault electric zero-emission vehicles to its fleet in Europe over the next two years. The planned lineup includes the Renault Fluence Z.E., Kangoo Z.E., Twizy, and ZOE vehicles.

Read More →
NewsFebruary 23, 2011

Hertz Increases Revenues, Narrows Losses for Q4 and Full Year

Company reports full year 2010 worldwide revenues of $7.6 billion, up 6.5% over prior year, and a net loss, on a GAAP basis, of $48 million, compared with a net loss of $126 million for 2009.

Read More →
NewsFebruary 18, 2011

Hertz Acquires Australasian Discount Brand

Ace Rental Cars, which operates in Australia and New Zealand, will continue to operate under its existing brand as an independent subsidiary.

Read More →
Ad Loading...
NewsFebruary 16, 2011

Hertz Rent2Buy Inventory Available Through UsedCars.com

Hertz Rent2Buy has partnered with Dealix’s flagship website to expand its online car sales reach.

Read More →
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.

Read More →
NewsFebruary 11, 2011

Hertz Announces Solar Energy Initiative

The Hertz corporation has already completed construction of a solar electric system at Denver International Airport and plans to create 15 additional facilities across the U.S.

Read More →
Ad Loading...
NewsFebruary 2, 2011

Hertz to Introduce New Dealer Direct Program at 2011 NADA Convention

Hertz Dealer Direct allows auto dealers to search for vehicles that are currently on rent and available for sale, as well as vehicles that are immediately ready for wholesale purchase and pick up.

Read More →