Don't Get Taken for a Ride When it Comes to Rental Car Insurance -- Savings Experiment
Experts discuss how to get the best deal on rental car insurance.
Experts discuss how to get the best deal on rental car insurance.
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 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.
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.
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.






