On their fourth quarter and full-year 2010 earnings calls, the three public car rental companies look into the crystal ball on prepaid rentals, franchising, new remarketing channels, potential mergers and growth opportunities.
J.D. Power and Associates’ Stuart Greif talks about the 2010 North America Rental Car Satisfaction Study, how RACs were graded and why brands achieved the scores they did.
Dollar Thrifty again leads profit performance. Commercial business rebounds; leisure lags.
The deal would give Hertz 1,550 additional locations worldwide and a total of 9,800 across six continents. The combined market share for the group will be 24 percent, based on Auto Rental News’ 2009 estimates of total fleet size.
Hertz, Avis Budget and Dollar Thrifty improved earnings year over year. Expect continued—if modest—improvements in 2010.
Scott Thompson and Jeff Cerefice discuss Dollar Thrifty’s move to refranchise, debt restructuring, fleet financing, the science of car sales, loving 45,000-mile rentals and how the company is positioned well for the run to recovery.
The majors say most SUVs are bought as program cars, protecting them from the drop in the used car market.
Rental car companies are mitigating fleet costs by transitioning to risk vehicles and increasing holding periods. Could self-service rental car kiosks be the next big thing?
Fewer cars means per-vehicle depreciation costs will increase by as much as 20 percent in 2007. How are the major RAC's coping?
Hertz and Vanguard will soon trade alongside Avis Budget Group and Dollar Thrifty Group on the Big Board. With profit pressures stronger than ever, what are the ramifications of rental car companies going public?
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