Dollar Thrifty Names Scott Thompson New CFO
May 28, 2008
Dollar Thrifty Automotive Group Inc., parent company of the Dollar Rent A Car and Thrifty Car Rental brands, recently named Scott L. Thompson as senior executive vice president and chief financial officer.

Avis Budget Group Expects Lower Earnings for 2008
July 02, 2008
Avis Budget Group, Inc. today commented on events and trends impacting the vehicle services operating climate and the company’s financial performance.


Texas Rental Car Drivers May Find it Tougher to Skip on Toll Booth Fees
July 02, 2008
As rental car drivers in north Texas have been skipping out on tolls they owe after passing through unmanned, electronic toll booths, at least one rental agency in the state is working to make it easier for drivers to pay tolls in advance, according to the Dallas Morning News.

AAA Predicts Slight Decrease in Fourth of July Travel
July 02, 2008
For the first time this decade, AAA estimates a decline in the number of Americans traveling during the Fourth of July holiday. However, AAA projects 40.45 million Americans will still travel during the July 4th weekend, down 1.3 percent, or nearly 550,000 Americans, from the 41 million who traveled last year.

Study: Avis Renters Enjoy eToll
September 24, 2008
Avis renters are saving money on gas and avoiding delays caused by waiting in cash toll lines, according to the company's annual study of travel delays experienced at the customer's destination. The study found a 13 percent decline in Avis business travelers who report being inconvenienced by cash toll payments compared with last year.

Fox Opens Las Vegas Location
September 24, 2008
Fox Rent A Car recently announced the opening of its 10th corporate-owned location serving the McCarran International Airport serving Las Vegas, Nev. The business opened on August 21. “The opening was the largest we have had to date,” said Mike Jaberi, vice president and co-founder of Fox Rent A Car.

New Rental Fee Added for Logan International Airport
September 24, 2008
Hoping to consolidate the six rental car companies that operate at Logan International Airport into one facility, airport officials have approved a new $4-per-day fee to vehicle renters beginning Dec. 1, according to the Boston Herald.

Avis Honored by International Travel Community
September 24, 2008
Avis Rent A Car was recognized by more than 160,000 travel professionals as North America's Leading Car Hire at the regional World Travel Awards for the Americas, held recently in Orlando, Fla.

Dollar Thrifty Continues Difficult Operating Trends
September 24, 2008
Dollar Thrifty Automotive Group, Inc. recently reported that results in the third quarter continue to be affected by challenges in the areas of revenue per day and vehicle depreciation costs.
Results are also expected to be affected by the bankruptcy of one of the company's tour operators.

Goldman Sachs: Rental Industry Over-Fleeted
September 24, 2008
A warning by Dollar Thrifty Automotive Group Inc. about difficult revenue per day trends in the third-quarter helped contribute to a sharp drop in rental car company shares on Sept. 23, according to Forbes.com.

Average Wholesale Price at 13-Year Low, But Look for Restoration in Confidence
November 19, 2008
Wholesale prices fell to a level comparable to the period followed the Sept. 11, 2001 terrorist attacks, while improvements made in two particular segments appear to have stalled. That is according to the Kontos Kommentary column by ADESA’s Tom Kontos.

Christian Brother Settles Age-Restriction Case Against Irish Car-Rental Company
November 19, 2008
An Australia-based Christian brother has just settled an age-restriction case with an Irish car-rental company after being told he would have to pay an “age surcharge” of €25 per day because he was over 70, according to the Irish Times. He also learned he would not be able to rent a car at all once he was over 75.

Illinois Car Dealer Sells Former PT Cruiser Rentals for $1
November 19, 2008
A dealer in Oak Lawn, Ill. has offered an incentive to get the five former rental PT Cruisers off the lot with an unusual promotion, reports the US News. If a customer buys a 2008 Chrysler Pacifica, he/she can get the 2008 PT Cruiser for $1.

Hertz Expands Simply Wheelz to California, Florida and Nevada
November 19, 2008
The Hertz Corporation announced on Nov. 13 that it has expanded Simply Wheelz by Hertz to airports in California and Florida. In addition, Simply Wheelz will be available at McCarran International Airport in Las Vegas starting Dec. 1.

AAA Predicts First Decline in Thanksgiving Travel Since 2002
November 19, 2008
According to AAA, approximately 41 million Americans will travel 50 miles or more from home during the Thanksgiving holiday weekend, a decrease of 600,000 travelers (1.4 percent) from last year's total of 41.6 million.

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