News By Topic: Rental

Supplement to Budget Group, Inc. Third Quarter Earnings

Nov 2, 1998

As a supplement to the Budget Group, Inc. third quarterearnings release dated Oct. 27, 1998, following are consolidated income statements and segment reporting for the first and second quarters of 1998, which align with the tables for third quarter. ... Continue reading

Avis Fields New Team to Gain Association Business

Oct 29, 1998

Avis Rent A Car, Inc. announced creation of a new team designed to widen and strengthen coverage of the rental car company's business with associations. ... Continue reading

Republic Industries, Inc. Reports Third Quarter Income

Oct 29, 1998

Republic Industries, Inc. reported that for the three months ended 09/30/98, income from continuing operations increased 47% to $179.7 million, or $0.38 per share, from $122.1 million, or $0.28 per share for the same period last year. ... Continue reading

Budget Group Reports Third Quarter Results

Oct 28, 1998

Budget Group, Inc. released its third quarter operating results, reporting earnings per share up 39% to $1.38. Net income for the third quarter increased 98% to $61.3 million from $30.9 million in the prior year. ... Continue reading

AutoNation USA 'Pleased' with Court Decision

Oct 27, 1998

Republic Industries' President and Co-Chief Executive Officer Steven R. Berrard said that he is "pleased" that a jury in a Florida federal court has affirmed the company's right to the unrestricted use of its "AutoNation USA" brandname. ... Continue reading

Midas Initiates Review of Its Creative Advertising

Oct 19, 1998

Midas Inc. has initiated a review of the strategic and creative portions of its advertising account for its automotive service business in the United States. ... Continue reading

Avis Rent A Car, Inc. Reports Record Q3

Oct 15, 1998

Avis Rent A Car, Inc. reported record results for the third quarter and nine months ended September 30, 1998. ... Continue reading

Republic Industries, Inc. Announces Q3 Earnings

Oct 14, 1998

Republic Industries, Inc. announced that on October 29, 1998 it will report a 36% increase in earnings per share of $0.38 for the quarter ended September 30,1998. ... Continue reading

Hertz Reports Record Q3 Earnings

Oct 13, 1998

The Hertz Corporation reported record earnings of $118.7 million for the third quarter of 1998, up 27 percent from the $93.4 million reported for the same period last year. ... Continue reading

Republic Industries Ends Discussions With Van Tuyl Automotive Group

Oct 9, 1998

Republic Industries, Inc. announced that it had been in discussions with the Van Tuyl Automotive Group regarding a possible transaction. Due to market conditions, however, these discussions have been terminated. ... Continue reading

Avis and OnStar Announce Joint Program

Oct 8, 1998

Avis Rent A Car, Inc. and the OnStar division of General Motors announced a pilot program in which a group of Cadillac rental vehicles in Detroit will be equipped with OnStar, the innovative safety, security and information service. ... Continue reading

Carey International Reports Q3 Results

Oct 6, 1998

Carey International, Inc. reported record results for the third quarter and nine months ended August 31, 1998. ... Continue reading

Tanknology to Provide Compliance Management Services to Budget

Oct 6, 1998

Tanknology-NDE International, Inc. has entered into an agreement with Budget Rent a Car Corp, whereby Tanknology will provide its Compliance Management Services on an outsource basis for all Budget facilities with fueling systems. ... Continue reading

Alamo Rent A Car Drives Toward Hassle-Free Rental Experience

Oct 5, 1998

Saying that the rental car industry is falling short of meeting leisure travelers' needs, Alamo Rent A Car President unveiled a battery of service improvements the company is considering in an effort to take the hassle out of renting a car. ... Continue reading

Stratford American Corp. Closes Dollar Rent A Car Sale

Oct 1, 1998

Stratford American Corp. announced that its subsidiary, Stratford American Car Rental Systems, Inc. closed on the sale of its Phoenix Dollar Rent A Car operations to Dollar Rent A Car Systems, Inc. of Tulsa, Oklahoma for an undisclosed price, in accordance with a definitive agreement announced last month. ... Continue reading