Hertz Moves Headquarters to Florida
Hertz is moving its headquarters to Florida from New Jersey, trimming corporate expenses after its $2.3 billion buyout of former rival Dollar Thrifty.
Hertz
10 Well-Known Brands That Will Disappear in 2013
Each year, 24/7 Wall St. compiles a list of 10 brands that it predicts will disappear in the near-term. The list of those fated to vanish in 2011 proved to be fairly prescient.
Be Rental Car Smart: Saving Tips for When You Fly and Drive
When you fly anywhere for the holidays, you're probably vigilant about getting the best deal you can on airfare. But don't stop being money-smart when you get off the plane: There are plenty of ways to waste money and time by not taking enough care on your rental car choices.
How AutoSlash Games the Rental Car System for You
Here's the loophole behind AutoSlash's clever new approach to getting you the best deal on a rental car: Rental companies don't penalize you for canceling. That means AutoSlash can book you the best price it can find today -- and then keep looking for a better one.
5 Things to Watch Next Week on Wall Street
News items to watch next week include Groupon's long-awaited IPO, the release of Take-Two Interactive's Grand Theft Auto V, Dunkin' Brands second-ever quarterly report, and more from car rental companies to satellite radio.
Car Rental Stocks Will Drive You Off the Road
After 18 months of letting potential buyers kick its tires, Dollar Thrifty Automotive Group announced that it's no longer for sale. This is bad news for Hertz, which seemed to be the last bidder standing after Avis Budget dropped out. The operators' loss is naturally the consumers' gain, and trends look ominous for this industry going forward.
Hertz's 2010 Profit 'Significantly' Beats Company Forecast
Hertz Global Holdings's says fourth-quarter profit exceeded the company's forecast as it improved the efficiency of its operations. Strong used-car prices probably don't hurt too.
Avis Raises Its Bid for Dollar: Do 'Jumpers' Have an M&A Edge?
Avis Budget has increased its offer for Dollar Thrifty, firing the latest salvo in its bidding war for Dollar with archrival Hertz. It's a familiar pattern in the world of mergers and acquisitions, and the data shows that interlopers like Avis often a better chance of taking home the prize.
Avis Will Fight Hertz for Dollar Thrifty
A week after rental car giant Hertz announced plans to drive off into the sunset with Dollar Thrifty, rival Avis Budget on Monday made clear that it plans to crash the party. Avis is wooing Dollar for itself, bringing a higher offer (and some serious hired guns) to the table.
Consumers Eye Branch Reductions in Car Rental Consolidation
Another merger between car-rental companies -- in this case Hertz and Dollar-Thrifty -- may mark another wave of rental branch closings as the industry continues to consolidate. The good news? Prices probably won't go up -- for now.
Hertz Buying Dollar Thrifty for $1.2B
Hertz Global Holdings, the world's largest airport car rental company, announced plans Monday to acquire rival Dollar Thrifty Automotive Group Monday -- a deal that Hertz said will allow it accelerate its presence in the European market.