23 news items found |
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1.
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November 26, 2008
Avis Budget Group Announces Rate Increase
Car rental rates increased to $3 per day due to economic state.
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2.
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November 26, 2008
Independent Travel Web Sites Remain Flat in Online Reservation Bookings
Hotwire.com ranks highest in customer satisfaction for third year in a row with independent travel Web sites.
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November 26, 2008
Avis Shares Drop; Debt Troubles Blamed
Avis is in talks with its lenders to relax some of its requirements.
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4.
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November 26, 2008
Oil Prices Fall Further
Prices are at a nearly 22-month low as demand wanes.
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5.
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November 26, 2008
Dollar Thrifty Amends Credit Agreements
Dollar Thrifty prepaid $10 million of its outstanding term loan.
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6.
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November 26, 2008
Hertz CEO Mark P. Frissora Nominated to Walgreens Board of Directors
Walgreens shareholders will vote on Frissora's appointment in January.
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November 24, 2008
Denny Hecker Realigns Dealer Group
Hecker sells three dealerships, closes six more.
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November 19, 2008
AAA Predicts First Decline in Thanksgiving Travel Since 2002
About 81 percent of all holiday travelers expect to travel by automobile, a 1.2 percent decrease from the 33.6 million people who drove a year ago.
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9.
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November 19, 2008
Hertz Expands Simply Wheelz to California, Florida and Nevada
Simply Wheelz by Hertz offers customers the opportunity to rent vehicles via the Internet and self-service kiosks.
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10.
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November 19, 2008
Illinois Car Dealer Sells Former PT Cruiser Rentals for $1
A Chicago-area car dealership is offering one 2008 Chrysler Pacifica at full price and a second car, a used 2008 PT Cruiser from a rental fleet, for $1.
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11.
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November 19, 2008
Christian Brother Settles Age-Restriction Case Against Irish Car-Rental Company
Lawsuit highlights Irish car rental policies of surcharges for elderly drivers and outright ban on drivers over 75.
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November 19, 2008
Average Wholesale Price at 13-Year Low, But Look for Restoration in Confidence
The credit crisis might continue to cause softening in wholesale values for the rest of the year and into next year.
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13.
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November 17, 2008
Denny Hecker Sues Chrysler Financial
By freezing the auto dealer's credit lines, Chrysler Financial left Hecker unable to finance the purchase of new vehicles from several manufacturers.
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14.
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November 14, 2008
ACRA President Responds to Car Rental Fees Article
The President of the American Car Rental Association discusses inaccuracies in a recent article, which talks about airport car rental fees.
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15.
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November 12, 2008
Airlines: "A La Carte Pricing Is Working"
With more technology available to accommodate their desire for a la carte fees, carriers will likely begin offering a broader menu of “value-added services.”
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16.
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November 12, 2008
Avis Offers $50 Discount on Weekly SUV Rental
Avis also offers a free ski rack and special features for its vehicles designed for winter sports; savings for smaller vehicles are available.
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17.
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November 12, 2008
Hertz Fails to Meet its Latest Forecast
With third-quarter net income falling to $17.7 million, the company started programs to reduce employee headcount by about 1,400 and to close 80 net locations.
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18.
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November 12, 2008
Dollar Thrifty Quarterly Profit Beats Market Estimates
The company expects to report a pre-tax loss, however, excluding items, significantly in excess of prior year's fourth-quarter loss.
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19.
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November 12, 2008
Avis Budget Posts Lower-Than-Expected Q3 Profit
The company also expects 2008 revenue to be significantly lower than its prior view due to a fall in vehicle rental revenue.
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20.
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November 12, 2008
Advantage Rent A Car Offers Discounts and Waives Fees at Surfing Competition
Chosen as the official rental car company for the 26th Annual Vans Triple Crown of Surfing, Advantage offers up to 50 percent in savings compared to competitor rates and will waive its young driver fee and additional driver fee.
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21.
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November 12, 2008
J.D. Power: Enterprise Ranks Highest in Rental Car Customer Satisfaction
The J.D. Power and Associates 2008 Rental Car Satisfaction Study reports customer satisfaction having dropped considerably for the second consecutive year. Enterprise ranked highest in the study, followed by Hertz and Alamo.
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22.
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November 12, 2008
Average Wholesale Price at 13-Year Low, But Look for Restoration in Confidence
The credit crisis might continue to cause softening in wholesale values for the rest of the year and into next year.
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