News By Topic: Rental

Payless Car Rental Loves "The Island"

Jul 9, 2001

CAYEY, Puerto Rico--July 9, 2001--Payless Car Rental has opened its 15th Puerto Rico franchise in Cayey as part of the company's aggressive development plan to double the number of worldwide franchise locations by the end of 2002. The Cayey location will cater to local residents and businesses. "Cayey is a growing and ... Continue reading

TACH SPECIAL: Mitsubishi Montero: Consumer Reports vs. Reality

Jun 24, 2001

June 24, 2001 When I turned on my TV this morning, I watched and listen to what many of you undoubtedly also saw and heard; that Consumer Reports has judged the Mitsubishi Montero, “Not Acceptable”. The Consumer Reports test video being used on both national and local newscasts showed a Montero careening an ... Continue reading

Firstline Poly Products Acquires 'Cheap Heap Auto Rentals Ltd.'

Jun 20, 2001

The Board of Directors of Firstline Poly Products International, Inc. is pleased to announce that it has executed a Share Purchase Agreement between Firstline and Cheap Heap Auto Rentals Ltd., acquiring 100% of the issued and outstanding shares of 'Cheap Heap Auto Rentals Ltd.' of Regina in the Province of Saskatchewan ... Continue reading

PacLease Announces new San Antonio Location

Jun 15, 2001

PACCAR Leasing Company, a franchisor of independently owned and operated heavy- and medium-duty truck rental and leasing companies, recently announced the addition of a new PacLease franchise location in the San Antonio area. Brent Linde, lease sales manager of San Antonio, Texas-based Janoe Truck Rental and Leasing, s ... Continue reading

Unilink Tele.com Signs Agreement with Budget-Rent-A-Car Franchises

Jun 13, 2001

UniLink Tele.Com is pleased to announce that it has signed an agreement with 6 selected Budget-Rent-A-Car franchise locations to become retail partners within the recently announced PhoneMiles(TM) Reward Program. The selected Budget-Rent-A-Car franchise locations are all within the Vancouver area. Effective immediately ... Continue reading

Fox Rent A Car Launches Redesigned Website: www.foxrentacar.com

Jun 5, 2001

Fox Rent A Car has announced the launch of its' redesigned website, www.foxrentacar.com. The new website offers several unique customer guarantees that are unparalleled in the car rental industry today. When a customer is looking to book a rental with Fox, the new rate guarantee takes into consideration major car renta ... Continue reading

More Tire Woes For Ford and Mercury - Recalls In Progress

May 21, 2001

Does your 2002 Explorer or Mercury Mountaineer Have Sliced Tires? USA Today reported that Ford is recalling about 45,000 '02 Explorers and 7,000 mechanically similar Mercury Mountaineers manufactured in Louisville because their Goodyear and Michelin tires might have been sliced by a defect on the assembly line. Ford ac ... Continue reading

ANC Rental Closes On Asset-Backed Offerings of $1,131 Million

May 14, 2001

ANC Rental Corporation today announced that it has closed on $1,131 million of asset-backed offerings in two parts (i) $600 million of asset-backed medium term notes and (ii) $531 million of auction rate notes. Proceeds of these offerings will be used to retire maturing asset-backed medium term notes and provide for th ... Continue reading

Court Rules Against Consumers Who Rent Cars At Sea-Tac

May 10, 2001

Consumers beware! The prices quoted for renting cars at Sea-Tac airport are significantly higher than advertised; and a Washington State Court of Appeals decision handed down this week says that practice is legal. A group of consumers and their attorneys disagree. The Court's ruling "creates a precedent that significan ... Continue reading

Court Rules Against Consumers Who Rent Cars At Sea-Tac

May 10, 2001

Consumers beware! The prices quoted for renting cars at Sea-Tac airport are significantly higher than advertised; and a Washington State Court of Appeals decision handed down this week says that practice is legal. A group of consumers and their attorneys disagree. The Court's ruling "creates a precedent that significan ... Continue reading

SideStep Steers Consumers to Accurate Rental Car Price Comparisons

May 9, 2001

SideStep (www.sidestep.com), a leading online travel service, today announced enhancements to the company's rental car pricing feature, making SideStep the first and only Internet travel search service to deliver full rental car pricing information to travelers. SideStep's car rental feature allows travelers to accurat ... Continue reading

ANC Rental Corporation Reports Q1 Loss But Reaffirms Full Year Forecast

Apr 30, 2001

ANC Rental Corporation today announced a net loss for the first quarter 2001 of $33.0 million or $0.73 per share, compared to $24.5 million last year. In making this announcement, ANC simultaneously reaffirmed confidence in its full year forecast. Revenue for the three-month period was $769.1 million or $39.7 million b ... Continue reading

Budget Group Reports First Quarter Results in Line with Guidance

Apr 27, 2001

Budget Group, Inc. today announced financial results for the first quarter ended March 31, 2001. "Our first quarter performance was in line with the guidance we previously provided. We met the liquidity needs of the first quarter and successfully completed several key steps in our fleet financing plan. Our success in s ... Continue reading

Dollar Thrifty Automotive Group Reports Record First Quarter Revenue

Apr 24, 2001

Dollar Thrifty Automotive Group, Inc. , today reported results for the first quarter ended March 31, 2001. Total revenue for the 2001 first quarter was a record $243.9 million, increasing 4.0 percent over the 2000 first quarter. Net income for the quarter was $9.2 million, or $.38 per diluted share, exceeding the Compa ... Continue reading

National Ties for Highest in Customer Satisfaction in Study

Apr 23, 2001

National Car Rental, a division of ANC Rental Corporation , tied for highest in customer satisfaction among business car rentals at or near airports in the recently released J.D. Power and Associates 2001 Domestic Airport Rental Car Customer Satisfaction Study(SM). "Creating satisfied, loyal customers is what the car r ... Continue reading