Ryder Announces First Quarter 2002 Results-Rrevenue Down Profit Up
Apr 24, 2002
MIAMI--April 24, 2002--Ryder System, Inc. (a global leader in supply chain and transportation management solutions, today reported that first quarter 2002 earnings per share, before unusual items, improved 44 percent to $0.26, compared with $0.18 in the first quarter of 2001. Revenue for the three months that ended Mar ... Continue reading
Dollar Rent A Car Announces Louisville, Ky., Airport Location Purchase
Apr 16, 2002
TULSA, Okla., April 15 -- Dollar Rent A Car Systems, Inc., a subsidiary of the Dollar Thrifty Automotive Group, Inc. , announced it has purchased the DOLLAR® location at the Louisville International Airport in Louisville, Ky., from its licensee, W.R.P., Inc., for an undisclosed price. ``This purchase is consistent wit ... Continue reading
Budget Truck Rental Runs Madcap TV Spot to Launch Low $19.95 Rate
Apr 16, 2002
LISLE, Ill., April 15 Now through June, Budget Car and Truck Rental is running the latest addition to its award-winning, laugh-out-loud television commercials to introduce its low $19.95 per day rate and its new Load/Unload Service. The commercial, which is appearing on major cable networks such as ESPN, TNT, TBS, Come ... Continue reading
GEM and EV Rental Cars Bring Neighborhood Electric Vehicle Rentals To Santa Monica
Apr 11, 2002
SANTA MONICA, Calif., April 10 -- Looking to capitalize on the City of Santa Monica's love for setting trends, Global Electric Motorcars and EV Rental Cars are teaming up to launch California's first-ever ``beach rental'' business featuring the GEM neighborhood electric vehicle. Beginning April 10, 2002, EV Rental Cars ... Continue reading
Apr 9, 2002
LISLE, Ill., April 8 Budget Group, Inc. announced that due to recent changes in the car rental industry, effective immediately, it will no longer pay base commissions to U.S. and Canadian travel agents who book negotiated corporate or government rentals. Base commissions have also been eliminated for any worldwide trav ... Continue reading
Avis Ends Travel Agency Commissions On Business and Government Contract Bookings
Apr 5, 2002
PARSIPPANY, N.J., April 5 -- Avis Rent A Car System, Inc. announced today that it will no longer pay base commissions to travel agents on car rentals for U.S. and Canadian corporate and government accounts that have entered into individually contracted rate agreements. The change takes effect for rentals occurring afte ... Continue reading
America's Love Affair with the Automobile Is Shifting Gears to Renting
Apr 3, 2002
ST. LOUIS, April 2 -- More and more Americans are jumping into the driver's seat of an emerging trend -- renting automobiles in their hometowns to meet a number of lifestyle and transportation needs, according to a new survey of U.S. motorists. Nick Rodi, a Pittsburgh, Pa., construction worker with a wife and four chil ... Continue reading
Alamo Offers Australian-based travel agents Incentives
Mar 23, 2002
FORT LAUDERDALE, Fla.--March 22, 2002-- Australian-based travel agents booking Alamo can win valuable department store gift certificates and provide additional value to their customers at the same time by taking advantage of Early Bird bookings to the United States, Canada, and Europe. It's a win-win situation for all. ... Continue reading
MAII Announces Plans for Car Rental Direct
Mar 19, 2002
LOS ANGELES--March 19, 2002--The Board of Directors of MAII Holdings, Inc. (OTC:MAII) has authorized management to pursue a course of action to spinout its subsidiary Car Rental Direct (CRD) as a standalone public company. In support of this plan, the Company has added Mr. William E. Lobeck to its group of advisors to ... Continue reading
Avis Offers Bargain One-Way Rates as Low as $12.99 a Day
Mar 5, 2002
PARSIPPANY, N.J., March 5 -- Disclaimer up front: This is no April Fools joke. From April 1 to June 30, Avis Rent A Car is offering exceptional one-way rates for Arizona and Florida customers traveling to selected destinations. The daily rate for a car rented through this limited-time offer is as low as $12.99 a day fo ... Continue reading
Mar 5, 2002
PHOENIX--March 4, 2002--Ugly Duckling Corporation , the largest used car sales company focused exclusively on the sub-prime market, today reported its fourth quarter and twelve month financial results for 2001. The Company also reported that today it completed the merger of the Company into UDC Acquisition Corp., the f ... Continue reading
Ryder Declares Quarterly Cash Dividend
Feb 15, 2002
MIAMI--Feb. 15, 2002--The Board of Directors of Ryder System, Inc. , a global leader in supply chain and transportation management solutions, today declared a regular quarterly cash dividend of $0.15 per share of common stock. The dividend will be paid on March 20, 2002 to shareholders of record on February 22, 2002. T ... Continue reading
Ugly Duckling Announces Appointment of New Chief Financial Officer
Feb 15, 2002
PHOENIX--Feb. 15, 2002--Ugly Duckling Corporation announced today that Mark G. Sauder has been appointed to succeed Steven T. Darak as the CFO/Principal Accounting Officer for the company. Mr. Sauder is a CPA and has held a number of senior financial, management and/or accounting positions over the last eighteen years, ... Continue reading
Infonet and T-Systems to Build Europcar's Network in Europe
Feb 15, 2002
Exclusive 5-Year Agreement Provides Central Point of Contact for 1,300 Car Rental Stations Across 7 Countries ST QUENTIN-EN-YVELINES, France & EL SEGUNDO, Calif.--Feb. 14, 2002--Infonet Services Corporation , a leading provider of global communications services for multinationals, today announced that in a joint effort ... Continue reading
Comerica Reports Auto Affordability Easiest in 23-Years
Feb 14, 2002
DETROIT, Feb. 14 The purchase of an average- priced new vehicle during the fourth quarter of 2001 took 21.9 weeks of median family income, before taxes, according to the National Auto Affordability Index compiled by Detroit-based Comerica Bank. This represents a 1.8 week improvement over the revised 23.7 weeks of incom ... Continue reading
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