Dollar Thrifty Automotive Group posted second-quarter net income of $49.4 million,

up from $42.5 million a year earlier. Vehicle rental revenue was flat at almost $379 million. President and CEO Scott Thompson said the company is "pleased" by those results, "particularly in light of the disappointing current economic environment." A 4.2 percent year-over-year increase in rental days offset a 3.8 percent decrease in revenue per day. Regarding a potential acquisition, Dollar Thrifty noted that "neither Hertz nor any other company" has submitted a purchase offer "despite persistent press reports about commitments Hertz has made to the Federal Trade Commission to divest of certain of Dollar Thrifty's assets in the context of a hypothetical transaction. After three years of merger-related activity and speculation, [Dollar Thrifty] believes it is time for a compelling offer to be made or for this process to come to a close so that the company can move forward under its standalone plan without the constant distraction of merger speculation."