Hydrogen Fuel-Cell Cars Enter Service at Los Angeles Airport
Feb 9, 2006
LOS ANGELES, CA--(MARKET WIRE)--Feb 9, 2006 -- WHAT: Keys to five hydrogen fuel-cell powered cars from DaimlerChrysler will be presented to Los Angeles World Airports (LAWA) officials at Los Angeles International Airport (LAX). These zero-emission cars will be used for general transportation over a two-year period to f ... Continue reading
Jan 24, 2006
TORRANCE, Calif.--Jan. 24, 2006--For the first time in history, the non-airport rental car market has grown larger than the airport market in total yearly revenue, marking broad implications within the industry, as well as for state and local governments, Auto Rental News reports in its January-February edition. Total ... Continue reading
Ford Completes Sale of The Hertz Corporation to Private Equity Group
Dec 21, 2005
DEARBORN, Mich., Dec. 21 -- Ford Motor Company announced today it has completed the sale of The Hertz Corporation to an investor group of leading private equity firms. The investor group, composed of Clayton Dubilier & Rice, The Carlyle Group and Merrill Lynch Global Private Equity, purchased the equity of The Hertz Co ... Continue reading
Local Car Rental Executive Switches Gears to Car Sharing
Dec 6, 2005
Rob Guthrie Named Regional Vice President for Zipcar; Will Oversee Bay Area Operations for Nation's Largest Car Sharing Service CAMBRIDGE, Mass., Dec. 6 -- One of San Francisco's leading car rental industry executives has seen the green light of car sharing. Zipcar, the nation's largest provider of on-demand cars for u ... Continue reading
BACK ON BUDGET: A Follow Up - All's Well That Ends Well
Nov 18, 2005
By Marc J. Rauch, Exec. Vice President & Co-Publisher Gosh, it’s not even the end of the calendar year and I can already tell you who I would award with the 2005 Automotive Scam of the Year, if we actually gave such an award away. Ironically, it goes to a company that I usually like and do a fair amount of busine ... Continue reading
Enterprise Rent-A-Car Again Ranked Highest at Airports for Customer Satisfaction by Research Company
Nov 16, 2005
ST. LOUIS--Nov. 15, 2005-- Company tops industry for sixth time in seven years; leads in customer satisfaction study that includes both leisure and business travelers Enterprise Rent-A-Car again ranks highest in customer satisfaction among airport car rentals, according to a nationwide study released today by J.D. Powe ... Continue reading
Oct 24, 2005
Creation of Separate Publicly Traded Real Estate, Travel Distribution, Hospitality and Vehicle Rental Companies Intended to Maximize Value for Cendant Shareholders New Companies Will Have Strong Balance Sheets, Significant Scale, Leading Market Positions and Brands, and World-Class, Experienced Management Teams Company ... Continue reading
Sep 22, 2005
ST. LOUIS--Sept. 21, 2005--Enterprise Rent-A-Car, the largest rental car company in North America, announced today a record annual performance, achieving all new highs in revenue, fleet size, and locations. Enterprise recorded $8.23 billion in worldwide revenue, a company record, and up from $7.4 billion the previous y ... Continue reading
Ford to Sell The Hertz Corporation to Private Equity Group in $15 Billion Transaction
Sep 13, 2005
* Clayton Dubilier & Rice, The Carlyle Group and Merrill Lynch Global Private Equity to acquire market leader in the rental car and equipment rental industries. DEARBORN, Mich., Sept. 12 -- Ford Motor Company announced today the execution of a definitive agreement with an investor group of leading private equity firms, ... Continue reading
Sep 12, 2005
NEW YORK, September 12 -- - New Owners See Significant Growth Opportunities Clayton, Dubilier & Rice, Inc. (CD&R), The Carlyle Group (Carlyle) and Merrill Lynch Global Private Equity (MLGPE), announced today that they have reached a definitive agreement with Ford Motor Company to acquire The Hertz Corporation (Hertz), ... Continue reading
Aug 31, 2005
ST. LOUIS--Aug. 31, 2005--Enterprise Rent-A-Car has announced that it is making a donation of $1 million through its charitable foundation to the American Red Cross to help in the massive Hurricane Katrina relief efforts. "Enterprise Rent-A-Car is a part of the neighborhoods and communities affected by this disaster, a ... Continue reading
Aug 23, 2005
NORWALK, Conn.--Aug. 23, 2005--Just in time for the upcoming Labor Day weekend, priceline.com's Name Your Own Price rental car service launched today its Rental Car Super Sale, with big savings on weekend and weekly rentals in selected markets. To qualify for the special savings, priceline.com customers have until Sept ... Continue reading
Dollar Rent A Car Offers Triple Miles on Eight Airlines for Reservations Made on Dollar.com
Aug 15, 2005
TULSA, Okla., Aug. 15 -- Dollar Rent A Car, a subsidiary of Dollar Thrifty Automotive Group, Inc. will offer its customers triple frequent flyer miles with eight airline partners. The offer is valid at participating Dollar locations worldwide for rentals picked up between Aug. 15, 2005, and Dec. 15, 2005. ... Continue reading
Thrifty Car Rental Offers Triple Miles on Eight Airlines for Reservations Made on THRIFTY.com
Aug 15, 2005
TULSA, Okla., Aug. 15 -- Thrifty Car Rental, a subsidiary of Dollar Thrifty Automotive Group, Inc. will offer its customers triple frequent flyer miles with eight airline partners for advance reservations made using THRIFTY.com. The offer is valid at participating Thrifty locations worldwide from August 15, 2005 throug ... Continue reading
Detroit Diesel Celebrates 75,000th Diesel Engine for Penske Truck Leasing Corporation
Aug 15, 2005
DETROIT, Aug. 15 -- Detroit Diesel Corporation (DDC) today celebrated the shipment of its 75,000th Series 60(R) engine to Penske Truck Leasing (PTL), signifying a major milestone in the relationship between DDC and PTL. "This is a tremendous achievement for us at Detroit Diesel given the extensive history we have with ... Continue reading
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