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Dollar Thrifty's 'Go Shop' Period Is Closed

Last week, Dollar Thrifty Automotive Group announced that its 'go-shop' period, in which the company had to review any competing solicitations before moving forward on the Hertz deal, has ended.

Updated: FSNA Details Potential Advantage Acquisition

Franchise Services of North America and its partner Macquarie Capital have signed a purchase agreement with the Hertz Corp. to acquire Advantage Rent-A-Car once certain divested assets from Dollar Thrifty meet regulatory requirements.

5 Key Takeaways from the Car Rental Quarterly Reports

Based on the second quarter reports and conference calls from the three public car rental companies, here are some thoughts on rates, Europe, the local market, new remarketing channels and the merger – or lack thereof.