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The firm boosted Dollar Thrifty's ratings to "B" from "B-," and planned to keep the company's ratings under review.
Read More →The firm raised its corporate credit ratings on Park Ridge, N.J.-based Hertz and subsidiary Hertz Corp. to "B+" from "B" and removed them from review status.
Read More →The car rental company says 2011 cash flow from operations, liquidity and cash position to be favorably impacted.
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The car rental company promoted seven individuals across five departments.
Read More →The car rental company has opened 16 new U.S. franchise locations since July 1, and added five master licensees to its international operations this year.
Read More →Shares of Hertz have jumped 44 percent over the past three months. Avis, which has a $1.57 billion bid for Dollar Thrifty awaiting government approval, has seen shares rise 46 percent.
Read More →The plaintiffs’ complaint states that the acquisition will lessen competition, increase prices, reduce supply and negatively impact service.
Read More →Thomas P. Capo will be succeeded as chairman of the board by Richard W. Neu, effective immediately.
Read More →Enterprise ranks highest in customer satisfaction among rental car companies for a seventh consecutive year, according to the J.D. Power and Associates 2010 North America Rental Car Satisfaction Study.
Read More →While Avis Budget and Dollar Thrifty wait for an FTC ruling, the three public companies report solid financials.
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