Dollar Rent A Car and Europcar International Terminate Reservations Alliance
19 March 1999
Dollar Rent A Car and Europcar International Terminate Reservations AllianceTULSA, Okla., March 19 -- Europcar International, S.A. and Dollar Rent A Car Systems, Inc. today announced that they will terminate their reservation transfer agreement effective as of February 2000. The interim period will allow each of the companies to develop solutions more adapted to their respective segments in leisure and business and their respective long- term strategies. Until the end of their relationship, the parties will continue to cooperate to maintain the best service to their transatlantic customers. Dollar Rent A Car Systems, Inc., a subsidiary of Dollar Thrifty Automotive Group, Inc. , has approximately 370 worldwide locations in 27 countries, with a significant presence in Australia, Canada, the Caribbean and Latin America including 240 locations in the United States. The Company and its licensees have locations at most major airports across the nation, and a fleet of more than 70,000 vehicles. DOLLAR(R) worldwide headquarters is located in Tulsa, Oklahoma. For additional information, the DOLLAR web address is http://www.dollar.com.