News By Topic: Rental

Dollar Joins Southwest Airlines(R) Rapid Rewards(R) Program

Jul 2, 1999

Dollar Rent A Car and Southwest Airlines have formed a Preferred Marketing Partnership Agreement, effective July 1, 1999. ... Continue reading

National Car Rental Expands Presence in Europe

Jul 2, 1999

National Car Rental announced that it has strengthened its presence in Europe with its expansion into Italy and Greece, raising the number of National Car Rental locations in Europe, one of the Company's key markets, to nearly 1000. ... Continue reading

Avis Completes Purchase of Fleet Management and Fuel Card Businesses

Jul 1, 1999

Avis Rent A Car, Inc., announced it has completed its previously announced purchase of the vehicle management and fuel card business of PHH and Wright Express from Cendant Corporation. ... Continue reading

Avis Rent A Car, Inc. Completes Purchase of Nashville's Motorent, Inc.

Jul 1, 1999

Avis Rent A Car, Inc., announced it has completed its previously disclosed purchase of Motorent, Inc. of Nashville, Tennessee, the largest remaining independent domestic franchisee. ... Continue reading

Competitor Must Stop Using Enterprise Rent-A-Car's Service Mark

Jun 30, 1999

Enterprise Rent-A-Car Company secured an important victory on Friday when a U.S. Court of Appeals affirmed an earlier court decision to enforce a service mark infringement agreement between Enterprise and Rent-A-Wreck of America, Inc. ... Continue reading

ACRA Supports Efforts to Limit Vicarious Liability

Jun 16, 1999

Auto Europe Now Offering Prestige and Sports Car Rentals in U.S.

Jun 16, 1999

Auto Europe, a leader in international rentals, has just added sports and prestige cars to its rental inventory in the U.S., making a wide selection of these cars available in Florida and California. ... Continue reading

Budget Rent A Car Appoints General Manager for Germany

Jun 7, 1999

Budget Rent a Car International, Inc. has appointed Joachim Walther, 42, as general manager for its corporate operations in Germany, effective immediately ... Continue reading

Dollar Thrifty Automotive Group Holds Annual Meeting of Stockholders

May 28, 1999

Dollar Thrifty Automotive Group, Inc., today held its first Annual Meeting of Stockholders in Tulsa, Oklahoma ... Continue reading

Avis Buys Fleet Management and Fuel Card Businesses From Cendant

May 24, 1999

Avis Rent A Car, Inc. announced that it will acquire Cendant Corporation's PHH and Wright Express vehicle management and fuel card businesses. ... Continue reading

BancBoston Robertson Stephens Gives Positive Quarter Outlook For Rental Car Group

May 19, 1999

BancBoston Robertson Stephens senior automobile services analyst Jordan Hymowitz gave a positive quarter outlook for the rental car group, including Hertz (rated Buy), Avis (rated Buy) and Dollar/Thrifty (rated Buy). ... Continue reading

Rent-A-Wreck Announces Payoff of All Dividend Arrearages

May 19, 1999

Rent-A-Wreck of America, Inc. announced that it has paid off all dividend arrearages on its convertible preferred shares. The total amount of arrearages was $146,915. ... Continue reading

Avis Rent A Car, Inc. Agrees to Buy Nashville's Motorent, Inc.

May 13, 1999

Avis Rent A Car, Inc. announced it has signed a definitive agreement to purchase Motorent, Inc. of Nashville, Tennessee, a 47-year-old Avis franchise. ... Continue reading

Dollar Rent A Car Receives Military Traffic Command Award

May 7, 1999

Dollar Rent A Car has received the Military Traffic Management Command (MTMC) quality award for sustained superior customer service and responsiveness in providing the "best value." ... Continue reading

Budget Rent A Car Exposes Long-Term Breaches of Contract by Sixt

May 6, 1999

Following the Munich Regional Court of Appeal ruling on April 15, 1999, Sixt has sought to underplay the damages it is likely to pay Budget. ... Continue reading