News By Topic: Rental

Three South Florida Powerhouses Join Forces

Apr 19, 2001

Alamo and National, divisions of ANC Rental Corporation , and Spirit Airlines today announced a partnership agreement that brings these three South Florida-based companies together in order to provide car rental services to Spirit customers at special, preferred rates. The partnership of the three powerhouse brands - A ... Continue reading

Car Rental Direct Closes Additional Financing

Apr 17, 2001

LOS ANGELES--April 17, 2001-- GenesisIntermedia.com Inc. (Frankfurt:GIA) today announced that its Car Rental Direct.com subsidiary has completed a round of financing totaling $2.3 million. With a fleet utilization rate exceeding 90 percent, Car Rental Direct is experiencing a high demand for rental vehicles, and is usi ... Continue reading

National Voted `Best Daily Rental Company' in London's Fleet Awards

Apr 6, 2001

National Car Rental, a division of ANC Rental Corporation , was recently voted "Best Daily Rental Company" in the United Kingdom at the prestigious 2001 Fleet News awards ceremony held in London. The Fleet News awards are widely acknowledged as the premiere recognition ceremony for the entire auto rental industry in th ... Continue reading

Avis Upgrades Its Tracking System For Corporate Travel Managers

Mar 29, 2001

Corporate travel managers charged with monitoring their companies' rental car usage are helping break new technological ground by using Avis InterActive Release 2.0, the rental car industry's only customized, Web-based reporting system. Avis Rent A Car's "Data on Demand" feature (accessible at https://www.avisinteracti ... Continue reading

Auto Europe Offers "Self Drive" Taxis In Britain

Mar 28, 2001

"Fleet features new London Cab TX1 SE's for a unique driving experience " PORTLAND, Maine, March 28 Auto Europe, a long established leader in European car rental service for over 46 years with on-line presence for over six years at http://www.autoeurope.com, has added self drive taxicabs to their services in Britain. T ... Continue reading

Orion Technologies Provides System for Avis Car Rental

Mar 27, 2001

Orion Technologies, Inc. announced that its subsidiary Transaction Verification Systems (TVS) has been chosen as the video insertion system for Cendant Corporation's Avis Car Rental Company. TVS, through its dealer network, is supplying the Video Text Insertion System for Avis Car rental locations west of the Mississip ... Continue reading

Budget Continues Award-Winning Ad Campaign With Breakthrough Creativity

Mar 23, 2001

Budget Rent a Car Corporation today announced that it will begin airing the latest television spots from its highly-acclaimed advertising campaign on Monday, March 26. The new commercials highlight the company's popular Perfect Drive customer loyalty program and a great fleet deal. Developed by Budget's advertising age ... Continue reading

Daewoo Motor America Announces Enterprise as Preferred Provider

Mar 19, 2001

ST. LOUIS, March 16 Daewoo Motor America, with more than 500 retail dealerships nationwide, has entered into an agreement with Enterprise Rent-A-Car to provide rental cars to meet Daewoo Motor's customer service loaner needs. "Daewoo, which recently received one of the top rankings in the J.D. Power and Associates Cust ... Continue reading

Hertz Becomes Wholly Owned Subsidiary of Ford Motor Company

Mar 9, 2001

DEARBORN, Mich., March 9 Ford Motor Company announced that the merger of The Hertz Corporation with a Ford subsidiary became effective today. As a result, Hertz is now an indirect, wholly owned subsidiary of Ford. Ford reached an agreement with Hertz in January to acquire the remaining 18.5 percent of Hertz Class A com ... Continue reading

Rent-A-Wreck of America Announces Third Quarter and Nine Months Results

Feb 16, 2001

Rent-A-Wreck of America, Inc. announced results for the third quarter and nine-month period ended December 31, 2000. For the three-month period ended December 31, 2000, the Company reported an increase in operating cash flow (EBITDA) of 33% over the prior corresponding period. Net income was $175,541, or $.03 per commo ... Continue reading

Dollar Rent A Car Supports Industry Rate Increase

Feb 15, 2001

Dollar Rent A Car, a subsidiary of Dollar Thrifty Automotive Group, Inc. , today announced it fully supports increased nationwide car rental rates. Dollar's response was made in reaction to an announcement made yesterday by ANC Rental Corporation. "We strongly support an increase in car rental rates on a nationwide bas ... Continue reading

Ford Launches Tender Offer to Acquire Hertz Public Shares

Feb 2, 2001

DEARBORN, Mich., Feb. 2 Ford Motor Company announced that a Ford subsidiary, Ford FSG Inc., today is commencing its tender offer for any and all publicly held shares of Class A Common Stock of The Hertz Corporation . The price, announced on Jan. 16, is $35.50 a share. The tender offer will be followed by a merger trans ... Continue reading

Dollar Thrifty Automotive Group Reports Record Revenue

Jan 31, 2001

Dollar Thrifty Automotive Group, Inc., , today announced record results for the full year 2000 ... Continue reading

Avis Leads Rental Car Companies in National Customer Loyalty Survey

Jan 24, 2001

Company Receives Highest Loyalty Score Among All of Survey's 129 Brands in 24 Industries GARDEN CITY, N.Y., Jan. 23 Avis Rent A Car has the highest customer loyalty among rental car companies by a wide margin, according to the third annual Brand Keys 2000 Customer Loyalty Awards announced today. This is the second year ... Continue reading

Ryder Awarded New Saturn Contract

Jan 21, 2001

Business Editors MIAMI--Jan. 19, 2001-- - Provides Supply Chain and Logistics Services for Spring Hill Manufacturing and Assembly Center - Ryder System, Inc. , a global leader in logistics and transportation management solutions, today announced it has been awarded a key contract by Saturn Corporation for Inbound Mater ... Continue reading