November 11, 2008
Travelers rated Enterprise Rent-A-Car the best among rental car suppliers for the fifth year in a row as overall satisfaction with the rental car industry continued to decline, according to the J.D. Power and Associates 2008 Rental Car Satisfaction Study, released today.
November 07, 2008
Avis Budget Group today confirmed to
Business Travel News
that it has declined to increase its stake in chauffeured
transportation provider Carey International to 80 percent from 45
percent. Avis Budget had one year to assume the majority stake
following its initial October 2007 investment in Carey.
November 07, 2008
Avis Budget Group today confirmed to
Business Travel News
that it has declined to increase its stake in chauffeured
transportation provider Carey International to 80 percent from 45
percent. Avis Budget had one year to assume the majority stake
following its initial October 2007 investment in Carey.
October 31, 2008
Dollar Thrifty Automotive Group late yesterday announced an approximately 6 percent reduction in its workforce to adjust Dollar Thrifty's "cost structure in the current economic conditions." Reductions were made to senior management, headquarters staff and field staff.
October 20, 2008
Chauffeured transportation consultants and executives are anticipating or experiencing a noteworthy demand slowdown, especially in New York City, epicenter of the financial industry's continuing meltdown.
October 14, 2008
Dollar Thrifty Automotive Group late last night announced the promotion of senior executive vice president and CFO Scott Thompson to president and CEO, effective today. He also will join the company's board of directors. Thompson, who joined Dollar Thrifty in May, succeeds Gary Paxton.
October 06, 2008
After discovering that employees used more than 100 different limousine companies, Pleasantville, N.Y.-based Reader's Digest Association pared that roster first to 10, then to three. During the consolidation, the company reached out to noncompliant employees to increase adoption rates and used historical data to drive additional savings
September 22, 2008
Rearden Commerce today announced the acquisition of automated ground transportation reservation provider Ground Global Automation formerly Ground Travel Technology Team for an undisclosed amount.
September 22, 2008
Corporate travel departments, and in some cases individual travelers, increasingly are turning down upgrades from car rental companies and remaining in smaller, more fuel-efficient vehicles in order to save money when refueling.
September 02, 2008
Competition in the rental car industry could work in buyers' favor, but some consultants still anticipate costs to increase moderately.