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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

Car rental giant Hertz and telecom firm BT announced on Monday that they would boost their fleets with the addition of electric vehicles. The announcement revealed that Hertz has enacted an agreement with CODA Automotive so as to bring the all-electric CODA sedan to its California fleet in the coming year. The addition of CODA [...]

Customer satisfaction in the car rental industry is back on top, according to a new survey. JD Power and Associates carried out research at 11,567 rental points and found every one scored better for customer satisfaction this year than the one previously. Leading the pack was Enterprise Rent-A-Car which was scored the highest by customers [...]

Dollar Thrifty is expecting to report improved fourth quarter earnings in 2010. The quarter traditionally brings a slump to the company’s revenues, however analysts say this year is different. The news coincides with rising revenues from rival companies including Hertz Global as well as Avis Budget, whom is currently working to merge with Dollar Thrifty. [...]

US-based Hertz has signed an agreement to acquire Australia’s car sharing firm Flexicar. The announcement came on Wednesday that the two companies had signed the deal allowing the major worldwide car hire company to acquire the Australian enterprise, which provides customers in Sydney and its hometown of Melbourne with car sharing services. The integration will [...]

Hertz UAE has announced that it will be bringing a new edition to its UAE rental fleet with the edition of 2,000 new vehicles. This is the largest auto purchase by any rental company thus far in the UAE, which the company says will give customers good selection and quality vehicles in both the corporate [...]