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According to city records, major car rental companies account for some of the largest individual debts.
Read More →The acquisition was made by HERC's European business unit for an undisclosed sum and will be integrated into HERC's European operations.
Read More →DSC customers will be able to purchase wholesale vehicles directly from Hertz’s national fleet of well-equipped used cars, trucks, and SUVs, by contacting their local sales representative.
Read More →The Securities and Exchange Commission approved The Hertz Corp.'s registration statement for its proposed acquisition of Dollar Thrifty Automotive Group Inc. DTG will hold a special meeting on Sept. 16 for shareholders to vote on the deal.
Read More →The car rental company is offering a free second driver and discounted child seats to customers who book a minimum five-day rental before Nov. 30, 2010.
Read More →The partnership between the two companies has been extended for another three years until 2013. Air France, Hertz's first European airline partner, has collaborated with the car rental company for the past 21 years.
Read More →"Getting Canadian antitrust regulatory approval is another step in the process for us to successfully complete the merger with Dollar Thrifty which we look forward to completing in the near future,” said Hertz Chairman and CEO, Mark P. Frissora.
Read More →In regards to the Hertz merger, Dollar Thrifty takes issue with "Avis Budget's unwillingness to provide a reverse termination fee," which DTAG interprets as a "lack of confidence by Avis Budget in its position" in regards to its ability to remediate any competitive issues and antitrust risks.
Read More →Hertz reports record worldwide pre-tax income boost of 21.9 percent. U.S. car rental revenues increase 10.1 percent year over year. Company reports slight pre-tax loss attributed to one-time gain in second quarter 2009.
Read More →Bid of $46.50 a share tops Hertz offer, though lower than Dollar Thrifty’s current stock value. Avis bid includes 'removing the matching rights, eliminating the break-up fees, and increasing the commitment to secure antitrust approvals,' according to an Avis Budget Group letter to Dollar Thrifty.
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