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0Report: Major car rental companies agree not to rent or sell recalled vehicles 1348852800
Bowing to pressure from consumers and advocacy groups, major car rental companies have agreed to end the practice of renting cars that have been recalled for safety problems. Legislators are introducing a bill to the Senate that would keep recalled rental cars off the road. The bill has the ...
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Report: Hertz pays $2.3B for Dollar Thrifty 1346106480
Car rental giant Hertz is in the process of purchasing Dollar Thrifty. The deal is said to be for $2.3 billion, according to an Associated Press report. As a result, Dollar Thrifty stock increased by seven percent in trading before the market opened today. According to the report, Hertz has been ...
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Report: 3 of 4 major rental car outfits won't pledge not to rent or sell recalled vehicles 1339599540
In 2004, Raechel and Jackie Houck were killed when they were in a fiery accident in the 2004 Chrysler PT Cruiser they had rented from Enterprise. The girls' mother, Cally Houck, sued Enterprise when it was discovered that their Chrysler was the subject of a recall to repair a power steering hose ...
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Report: Ford defends ballooning fleet sales 1333224180
"Fleet" is sort of a dirty word when describing vehicle sales, and the Detroit Three have traditionally been quite smitten with bulk buyers. Unfortunately fleet sales have been demonized for a reason. They can adversely affect resale values, and since fleet buyers tend to expect warehouse store ...
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Report: Hertz urges government to oversee rental car recalls 1329919200
In the rental car industry, if a vehicle is on the lot it isn't making any money. The same is true for any vehicle in the shop for repairs, including vehicles that are recalled by automakers. That has created a bit of a conundrum for rental car companies, and the drive for profits can lead to ...
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Rumormill: Shelby to bring back rent-a-racer program? 1309446060
Most available choices at your local car rental agency are tame appliances built to shuttle you from Meeting A to Hotel B. Back in the day, however, things were a bit different thanks to Shelby and Hertz. In 1966, the rental car company and Carroll Shelby partnered up to offer a custom Ford ...
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Report: Hertz offers $2.24B for Dollar-Thrifty 1304977200
Hertz and Avis have been fighting to get their hands on Dollar-Thrifty for over a year now, with the latest volley coming from the Hertz camp. According to Bloomberg, the world's largest airport rental car company has offered $72 per share for Dollar-Thrifty, or 24 percent more than a recent ...
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Report: Rental car fuel tops $9/gallon in U.S. 1304530140
It's never a good idea to return a rental car with less than a full tank of gas. The reason? The rental car companies usually charge a fee if you don't fill up before dropping off. And according to a report in USA Today, that fee has, in some cases, gotten a lot steeper. The national newspaper ...
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Study: Rental car companies increase customer satisfaction, Enterprise tops 1290702420
Economists and talking heads argue endlessly about our economy on a daily basis. "It's back!," "It's almost back!" and "It's never coming back!" seem to be the leaders among the varied viewpoints we hear and read about. One sector that has apparently begun to rebound is the car rental business. ...
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PSA: Rented Chevy Corvette not the best for doing beach donuts [w/video] 1287435480
A Corvette goes for a swim in San Diego – Click above to watch video after the jumpHow does a Corvette convertible – one rented from Hertz no less – end up in the salty brine at Pacific Beach in San Diego? The kindness of buzzed strangers, apparently. According to NBC San ...

