News By Topic: Rental

Integrated Transportation Opens Rental Operation in Nanning, Guangxi

May 5, 1999

Integrated Transportation Network Group Inc. announced the opening of its newest car rental operation, Guangxi Jinzhenghua Transport Ltd., in Nanning, Guangxi Zhuang Autonomous Region of China on March 28, 1999. ... Continue reading

Family Fun Starts With Special Offers from Sears Car and Truck Rental

May 4, 1999

Just in time for summer, Sears Car and Truck Rental is offering over half a million U.S. Sears customers $20 off standard weekly rates and 10 percent off standard weekly rates at participating Budget/Sears Car and Truck Rental locations. ... Continue reading

Budget Signs Agreement With Associates First Capital Unit

May 3, 1999

Budget Rent a Car Corporation announced an agreement with United States Auto Club, Motoring Division to provide Roadside Care to Budget car rental customers throughout the United States. ... Continue reading

DCR Rates $250 Million Rental Car Finance Corp.

May 3, 1999

Duff & Phelps Credit Rating Co. (DCR) has assigned a 'AAA' rating to the Class A notes, 'AA' rating to the Class B notes, 'A' to the Class C notes, and 'BBB' to the Class D notes issued by Rental Car Finance Corp. ... Continue reading

Syntel Europe Ltd Signs IT Agreement With Budget Rent a Car International

Apr 29, 1999

Syntel, Inc., a leading information technology (IT) consulting firm, announced that Syntel Europe Ltd has signed a multi-year IT services agreement with Budget Rent a Car International, England to provide a host of IT services. ... Continue reading

Dollar Moves Into the FASTLANE

Apr 28, 1999

Dollar Rent A Car has introduced a new way to rent vehicles. From reservations to pick up and return, the FASTLANE(SM) Express Rental Program is the quickest and most efficient method to rent vehicles at more than 50 DOLLAR(R) locations in the US. ... Continue reading

Hertz Introduces Its Popular 'Freedom Rate' in Europe

Apr 28, 1999

Effective May 3, 1999 The Hertz Corporation, the world's largest car rental company, will begin offering travelers heading to Europe its popular Freedom Rate. ... Continue reading

Budget Group Reports First Quarter Results

Apr 22, 1999

Budget Group, Inc. released its first quarter operating results reporting a loss per share of 64 cents compared to a loss per share of 12 cents in first quarter 1998. ... Continue reading

Dollar Thrifty Automotive Group Reports Record Revenue

Apr 21, 1999

Dollar Thrifty Automotive Group, Inc. reported record results for the first quarter ended March 31, 1999. Total revenue for the 1999 first quarter was $211.6 million, a 10.6 percent increase over the 1998 first quarter. ... Continue reading

Avis Rent A Car Reports Record First Quarter 1999 Operating Results

Apr 20, 1999

Avis Rent A Car, Inc. reported record results for the quarter ended March 31,1999. ... Continue reading

Thrifty Named Top Car Rental Company by Entrepreneur Magazine

Apr 19, 1999

Thrifty Car Rental has been named the best car rental company by Entrepreneur magazine, and received its 1999 Business Travel Award for the sixth straight year in this magazine written for small business owners. ... Continue reading

Budget Rent a Car Wins Legal Battle Against Sixt

Apr 16, 1999

The Munich Regional Court of Appeal held that Budget Rent a Car International, Inc. had validly terminated its license agreement with Sixt GmbH & Co. Autovermietung KG, effective as of May 1997. ... Continue reading

Understanding Credit Cards and Car Rental Insurance

Apr 15, 1999

When you rent a car in the United States, liability insurance is included in the rental but collision insurance is not. ... Continue reading

Hertz Reports Record First Quarter Earnings of $48.8 Million

Apr 14, 1999

The Hertz Corporation reported record first quarter, 1999, earnings of $48.8 million, up 38 percent from the $35.4 million generated for the same period last year. ... Continue reading

Dollar Rent A Car Announces Alignment With Europe's Sixt Rent A Car

Apr 13, 1999

Dollar Rent A Car Systems, Inc., a subsidiary of Dollar Thrifty Automotive Group, Inc., announced its European rental reservations alliance with Sixt AG. ... Continue reading