Browse the latest breaking news across the automotive rental industry covering fleet acquisition, remarketing, rental software, GPS & telematics, fleet insurance and financing, rental operations, risk management, technological innovations and shifting market conditions.August 18, 1999Bob Faulkner, a consultant to the car rental industry and a former independent operator in New York for 17 years as well as a Budget manager, has formed Rental Profit Groups, Ltd. (RPG, Ltd.). T...Read more... August 17, 1999Both U-Save Auto Rental and Toyota Rent a Car have selected TSD’s RENT2000 Rental Management Software. Both companies will use the software to automate their franchisee and dealer rental operati...Read more... August 16, 1999Times have sure changed in the past 30 or so years. In 1970, women only accounted for 1% of all business travel. However, according to the USA Today, female business travelers are expected to ma...Read more... August 16, 1999Avis Rent A Car, Inc. recently announced that its Board of Directors has finalized a management plan for the company. The announcement comes as a result of the acquisition of PHH’s Vehicle Manag...Read more... August 12, 1999Travelocity.com, Sabre’s online travel booking site, reported gross sales of more than $128 million for the first quarter of 1999. Compared to the first quarter of 1998, this is a 156% increase....Read more... August 3, 1999Thermeon announces CARS+WebRes, an integrated web reservation service for independent rental operators. According to the company, this is the first service of its kind.Smaller rental operators c...Read more... July 28, 1999Priceline.com and AutoNation have set a marketing pact under which AutoNation will sell new cars to consumers who name their own price via priceline.com’s new vehicle service on the Internet. ...Read more... July 23, 1999In an attempt to draw additional corporate accounts, Dollar Rent A Car will roll out two new services, Applicant and VIP.Applicant is aimed at Silicon Valley and other corporate areas that recru...Read more... July 22, 1999As part of an aggressive growth plan, Budget Rent a Car International, Inc. recently acquired Jasmor Rent a Car of the U.K. At the time of the purchase, Jasmor was operating more than 2,400 vehi...Read more... July 19, 1999After 15 years with Bates USA in New York, Avis Rent A Car has put its advertising account in review.Looking for a new direction as well, Budget Rent a Car has placed Cliff Freeman & Partners of...Read more...
The workhorse van is being phased out in the coming years in favor of the Transit. The move speaks to the “Europeanization” of the North American van market. Start “right spec’ing” now.
I know I’m getting cantankerous in my old age, but don’t get me started about things like keyless start, backup cameras and “instant” fuel economy.
The U.S. car rental industry’s $22.4 billion in revenues for 2011 is an industry record. Here’s a closer look at the numbers.
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