News By Topic: Rental

Zipcar "On-demand Cars" Rolls Into New York City

Feb 12, 2002

BOSTON--Feb. 12, 2002--After successful market tests in Boston and Washington D.C., Zipcar, the Cambridge, Mass.-based company that has revolutionized the way in which urban drivers view automobile transportation, is rolling into New York City promising to provide Manhattan residents and businesses alike a new-found fr ... Continue reading

Honda recalling 4,635 Mobilio minivans

Feb 11, 2002

TOKYO — Honda Motor Co said Friday it is recalling 4,635 units of its Mobilio minivan for free repairs to its seatbelt system. According to a report submitted by the automaker to the Ministry of Land, Infrastructure and Transport, the seat-belt fitting of the right-hand seat on the second row of seats was not wel ... Continue reading

Dollar Rental First To Add Live Online Customer Communication

Jan 25, 2002

TULSA, Okla., Jan. 24 -- Dollar Rent A Car, a subsidiary of Dollar Thrifty Automotive Group, Inc., , today will begin responding live to online customer inquiries on www.dollar.com . In addition to making car rental reservations, checking itineraries and rates, dollar.com users can click on one of several ``text chat'' ... Continue reading

Budget Rent a Car Reports Strong Holiday Travel Results

Jan 3, 2002

LISLE, Ill., Jan. 2 -- Following several weeks of improving rental and reservation trends since September 11, rentals for Budget Rent a Car during the Christmas and New Year holidays were strong, averaging just 4 percent below prior year. Car rental volume had been down as low as 22 percent versus prior year in late Se ... Continue reading

New avis.com Rolls Out in Time for the Holidays

Dec 12, 2001

PARSIPPANY, N.J., Dec. 11 -- Travelers who need an extra hand as they plan their holiday trips have a new online source for car rentals. Avis Rent A Car System, Inc. today unveiled the new avis.com, a more efficient, energetic and helpful version of its already successful predecessor. The new site kicks off with a prom ... Continue reading

Budget EV Rental Cars Achieves Its Five Millionth Mile

Nov 21, 2001

Over 130,000 Gallons of Gasoline Saved and 20 Tons of Air Pollution Prevented LOS ANGELES, Nov. 20 -- Budget EV Rental Cars, the only environmental vehicle rental company in the United States, announced today that it's fleet has accumulated over 5 million miles, a distance equivalent to circling the globe 200 times. Th ... Continue reading

S&;P Changes Team Fleet Financing Notes Rtgs to Public

Nov 16, 2001

NEW YORK--Standard & Poor's--Nov. 15, 2001--At the request of Budget Group Inc., Standard & Poor's has changed the status of the ratings on the notes issued under the Team Fleet Financing Corp. securitization program to public from confidential (see list). On Oct. 16, 2001, Standard & Poor's lowered its ratings on cert ... Continue reading

Avis Adopts 'Latch-Ready' Child Seats & Vehicles

Nov 14, 2001

Avis Cares(R) Program is First in Car Rental Industry To Promote Simplified System to Secure Children Easily and Safely PARSIPPANY, N.J., Nov. 13 -- According to the U.S. National Highway Traffic Safety Administration (NHTSA), the single greatest risk factor for death and injury among children who ride in motor vehicle ... Continue reading

Alamo and National Parent- ANC Rental Corporation Announces Chapter 11 Filing

Nov 14, 2001

FORT LAUDERDALE, Fla.--Nov. 13, 2001--ANC Rental Corporation , the parent company of Alamo Rent A Car and National Car Rental, filed voluntary petitions today for reorganization under Chapter 11 of the U. S. Bankruptcy Code with the U. S. Bankruptcy Court in Wilmington, Delaware. The protection of Chapter 11 allows ANC ... Continue reading

Upscale Cars Available at South Florida Payless Car Rental

Nov 2, 2001

ST. PETERSBURG, Fla.--Nov. 1, 2001--The Payless Car Rental System, Inc. franchise locations in South Florida offer a selection of autos you might not expect from a national car rental company. Not only do they offer traditional rental vehicles, Payless features an impressive range of high-end cars such as Porsche conve ... Continue reading

Payless Car Rental Offers $19.99 Daily Rate

Oct 19, 2001

Payless Car Rental System, Inc. is offering a compact size car for $19.99 per day. This special rate is available until mid December and can be secured through your local travel agent, participating Payless locations and online at http://www.PaylessCarRental.com. "This rate is targeted to the business and recreational ... Continue reading

Payless Car Rental Opens Franchise at Chicago O'Hare

Oct 18, 2001

Payless Car Rental System, Inc. has expanded to the Chicago market with two new franchise locations in Buffalo Grove and Chicago O'Hare International Airport. The franchise openings are part of Payless Car Rental's aggressive development plan to double the number of worldwide locations by 2003. "Our proximity to the ai ... Continue reading

Rent-A-Wreck/SMI Million-Dollar Speedway Tour

Oct 12, 2001

Rent-A-Wreck Announces Multi-Platform Advertising and Marketing Initiative with SMI Posting more than $1 Million in cash and prizes, legendary racing promoters Humpy Wheeler and Bruton Smith have joined forces with Rent-A-Wreck to offer one lucky race fan the opportunity to join them on the road in 2002 at all six Spee ... Continue reading

Payless Rental Expanding International Franchises with Krakow, Poland

Oct 10, 2001

Payless Car Rental System, Inc. continues its aggressive international expansion with the opening of a franchise in Krakow, Poland. The opening is part of Payless Car Rental's development plan to double the number of worldwide locations by 2003. The franchise is located at the Krakow-Balice John Paul II International A ... Continue reading

ANC Rental Corporation Reaches Agreement With Creditors

Oct 1, 2001

Lawrence J. Ramaekers, Former National President and CEO, to Assist in Turnaround - ANC Rental Corporation today announced that it has reached agreements with its lenders to suspend certain financial covenants and to defer a principal payment of $70 million that would have been due October 1, 2001. The financial covena ... Continue reading