Articles tagged “dollar thrifty”

Hertz’ Spinoff of Advantage Rent A Car Was Doomed From the Start Says Insider

David McLaughlin, Mark Clothier and Sara Forden, Bloomberg

Car rental consolidation led to a wave of price hikes, with competition a clear victim. The FTC would be hard-pressed to undo the Hertz-Dollar Thrifty merger at this point. There are some sobering lessons here -- just as the courts are in the process of signing off on the US Airways and American Airlines merger.

5 years ago

Hertz Sale of Advantage Rent A Car Leads to Bankruptcy for Buyer

Reuters

Hertz was able to shed a low-cost brand that wasn't performing well and replace it with one that was. Smart move for them.

5 years ago

Hertz Makes Second Quarter Gains on Dollar Thrifty Acquisition

Associated Press

Hertz is putting a lot of resources into an off-airport car rental initiative, and it looks like things are paying off well for the company.

5 years ago

FTC clears final hurdle for Hertz and Dollar Thrifty merger

Robert Evatt, Tulsa World

This approval puts a punctuation mark on consolidation in the U.S. car rental industry. Expect more price hikes and constraints on available rental cars.

6 years ago

Hertz CEO claims many people are trying to “screw up” Dollar Thrifty acquisition

Mark Clothier , Bloomberg

It's good that the FTC is taking its time reviewing Hertz's acquisition of Dollar Thrifty. Consolidation has already harmed competition, and there are lots of moving pieces given the Advantage divestiture.

6 years ago