Car hire firm Dollar Thrifty has rejected the latest take over bid by Hertz Global. The company said the Hertz had failed to meet with necessary requirements by a pre determined deadline. Dollar said that Hertz had not managed to protect against possible objections by the antitrust bodies.
Scott Thompson, chief executive of Dollar Thrifty, said [...]

Car hire firm Dollar Thrifty has said that it wants to see best final offers from Avis and Hertz, both of which are interested in gaining control of the smaller rival. According to Scott Thompson, Dollar’s chief executive, the prolonged uncertainty about the situation was in the best interests of nobody and that he was [...]

The Hertz Corporation has announced that it will be expanding its presence in Asia by opening two new locations in Dhaka. The car rental giant has gone into partnership with Mollah Netcom Ltd which is a subsidiary of the Mollah Group. The announcement means that Hertz will now operate in 13 Asian territories and have [...]

Motoring organisation the RAC has been sold to a private equity firm in the US in a deal worth £1 billion. The new owners are the Carlyle Group based in Washington. The RAC will join other well known brands in the group’s portfolio such as car hire firm Hertz and Dunkin’ Donuts.
However, the news is [...]

A deal worth $1 billion has been announced which will see Avis Europe reunited with Avis Budget in the US. The American company will purchase its European counterpart, which is listed in London, for 315 pence per share. D’Ieteren, the Belgian car dealership which owns a 60 per cent stake in Avis Europe has given [...]

The Autolib’ electric car rental scheme set to roll out in Paris in December is facing a challenge from more traditional car rental firms including Hertz and Avis. The hire companies are complaining that the scheme, which will allow tourists and residents in the French capital pick up a vehicle from docking stations around the [...]

As the battle for Dollar Thrifty continues between car rental giants Avis and Hertz, The board at Dollar is asking shareholders in the hire company not to tender shares after Hertz offered a buy out deal worth $2.25 billion. Stockholders have been advised by the Tulsa based company not to take any action, even though [...]

Leading car hire company Hertz has announced that it will be expanding its car club fleet in London with the addition of two Mitsubishi i-MiEVs which run entirely on electric power.
The brand new vehicles will be available to rent through Hertz’s Connect scheme for £4 per hour. Drivers choosing the all-electric cars will be able [...]

Car hire giant Hertz has announced that it intends to introduce solar power systems to a number of its vehicle rental stations by the autumn. To start with, Hertz is looking to fit 16 outlets with solar photovoltaic systems similar to the solar energy project which was set up in December at the Hertz centre [...]

Vehicle rental giant Hertz, in association with Middle Eastern carrier Etihad Airways, has launched a new competition to its customers. All those flying with Etihad who make the decision to combine their flights with one of Hertz’s rental cars will be eligible to enter a competition which will see the winner walk away with a [...]