Posted by as car hire
US car rental firm Enterprise has said it will no longer offer its products on Orbitz.com. According to its parent company Enterprise Holdings, the online travel agent charges commission fees that are ‘unacceptably’ high. The news comes at a time when dozens of travel providers review costs associated with third-party booking sites, including American Airlines, [...]
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Three top car rental firms have banded together against a recent report by the US National Highway Traffic Safety Administration. The news comes after the introduction of proposed legislation called the Safe Rental Car Act, which came as a result of the recent study by the NHTSA. Under the proposed legislation, it would become illegal [...]
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Shares for global car hire firm Hertz jumped on Tuesday as the company announced better than previously forecasted fourth-quarter adjusted profits. The US-based firm, which recently failed on a bid to acquire smaller car rental firm Dollar Thrifty, announced on Tuesday its adjusted 2011 net income forecast of $330-$355 (£203-£219 million) on revenues between $7.95-$8.1 [...]
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Car Hire firm Hertz has appointed a new general manager for its Chinese operations. Edward Hu has been named the new general manager and vice president of Hertz China, according to officials from Hertz Corp. The new Shanghai based official will report to the company’s international president and chief executive, Michel Taride. The new China-born [...]
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This week saw global car hire firm Hertz and UAE-based carrier Etihad Airways announce a three-year partnership. To launch the new alliance, Hertz has announced an attractive contest for its car hire customers, which will enable them to win two round-trip tickets to either Europe or Australia via Etihad. The contest winner will also receive [...]
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Two major car hire firms have reported progress with the FTC on a possible acquisition deal. Avis Budget and Dollar Thrifty Automotive Group announced on Tuesday that both firms believe that talks with the US Federal Trade Commission have made real progress. The FTC however has not released any new information on its stance regarding [...]
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US generator rental firm Forces has been acquired by a subsidiary of global car hire firm Hertz. Forces, which is based just outside Chicago and rents power generation devices to industrial and private entities throughout the area, was acquired by Hertz Equipment Rental (HERC) this week. HERC is a wholly owned subsidiary of car hire [...]
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Car rental firm Hertz Global Holdings was upgraded on the Standard & Poor Ratings Tuesday. S&P services said the upgrade came as a result of improvements in financial performance for the major US car hire company. Hertz’s corportate credit rating was lifted from a grade of B to a B+. The same went for Hertz [...]
Posted by as car hire, Travel News
US car rental firm Hertz has announced plans to build and operate CNG fuel stations at its Los Angeles International Airport branch. The station will provide vehicles with compressed natural gas, which produces just two thirds of the harmful emissions produced by typical lighter petrol vehicles and 23% less greenhouse gases than produced the average [...]
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The US media has reported that car hire firm Hertz will launch its electric car rental and car sharing program next Wednesday, the 15th of December, 2010. The scheme will commence in New York, where electric vehicles such as the Mitsubishi i-MiEV and Nissan Leaf will be available via the ConnectByHertz programme. The news comes [...]