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Sep/08 - Avis Increases Cash Portion of Dollar Thrifty Bid
Avis Budget Group Inc. said Thursday it would increase the cash portion of its offer to buy Dollar Thrifty Automotive Group Inc. to $40.75 a share, from $39.25 a share, according to MarketWatch.
Sep/08 - Hecker pleads guilty to conspiracy, bankruptcy fraud
Former auto dealer Denny Hecker pleaded guilty to conspiracy and bankruptcy fraud this afternoon in Minneapolis in a deal with prosecutors that dropped most of the charges against him.
Sep/01 - Dollar Thrifty Automotive Group Increases 2010 Guidance
Dollar Thrifty Automotive Group, Inc. (NYSE: DTG) today provided an update on Corporate Adjusted EBITDA and fleet cost expectations for the full year of 2010. As part of the update, the Company noted that its previously announced revenue guidance remains unchanged.
Aug/27 - Aon UK Warns Car Rental Companies on Upswing in 'Crash for Cash' Claims
Aon UK Warns Car Rental Companies on Upswing in 'Crash for Cash' Claims
Aug/27 - Dollar Thrifty Shareholders Seek to Stop Vote on Hertz Global Buyout Vote
Dollar Thrifty Automotive Group Inc. investors asked a judge to stop a shareholder vote on Hertz Global Holdings Inc.’s $1.1 billion acquisition of the U.S.’s fourth-largest rental car company.
Aug/19 - New York Approves Anti-Steering Law Against Auto Insurers
A new law in New York bars auto insurers from requiring consumers to use designated vehicle rental companies when obtaining their insurance rentals.
Aug/17 - Dollar Thrifty Automotive Group, Inc. Announces Expansion of International Web Sites With New Technology Partner CarTrawler
Dollar Thrifty Automotive Group, Inc. (NYSE: DTG), is pleased to announce that its subsidiaries, Dollar Rent A Car and Thrifty Car Rental, have formed a new partnership with Ireland-based car rental technology firm, CarTrawler, to significantly expand the number of international Web sites the brands currently support.
Aug/16 - Lawsuit Leads to Debate on Recalled Rental Cars
Two consumer safety groups are asking the Federal Trade Commission to order Enterprise Rent-A-Car to start fixing every vehicle with a safety recall before renting them to consumers.
Aug/16 - Avis Budget Group Swings to Profit on Cost-Cutting
Avis Budget Group Inc. swung to a second-quarter profit—only its second in the past two years—on higher prices, lower fleet costs and benefits from cost-cutting.
Aug/16 - UPDATE 2-Dollar Thrifty profit beats; sees better second half
Takeover target Dollar Thrifty Automotive Group (DTG.N) posted a better-than-expected quarterly profit on lower costs, and the car rental company forecast a stronger second half.