When car rental reservations aren't honored
We're sorry, sir, but we don't have any cars left.Full story
Hertz stock could rise 70 percent in two years: Barron's
(Reuters) - Car rental company Hertz Global Holdings Inc <HTZ.N> is poised for a long run of earnings and revenue growth and the stock could be worth 70 percent more in two years, the Barron's financial news weekly said in its May 27 edition. Full story
GM sees new Impala appealing more to buyers than renters
DETROIT (Reuters) - General Motors Co <GM.N> expects the new version of the Chevrolet Impala to lure more retail buyers, allowing the automaker to ditch the large car's image as king of the car rentals, a top company official said on Monday. Full story
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Car rental shortage hits the Northeast
Just in time for Thanksgiving travel, rental car companies are facing a shortage after thousands of cars were damaged in Hurricane Sandy. NBC’s Brian Williams reports.
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Cypriot Christakis Petsas, owner of a car rental company, speaks during an interview with Reuters in Nicosia March 28, 2013. Petsas counts the cost of the turmoil in Cyprus in terms of cars - 40 of them, stuck at the port in the coastal town of Limassol and costing him 800 euros a day in lost earnin
A sign marks a reserves Zipcar parking space in Cambridge
A sign marks a reserves Zipcar parking space in Cambridge, Massachusetts January 2, 2013. Car rental company Avis Budget Group Inc will buy Zipcar Inc for about $500 million in cash to join larger rivals Hertz Global Holdings Inc and Enterprise Holdings Inc in the fast-growing U.S. car-sharing marke
A Zipcar vehicle sits in a parking space in Cambridge
A Zipcar vehicle sits in a parking space in Cambridge, Massachusetts January 2, 2013. Car rental company Avis Budget Group Inc will buy Zipcar Inc for about $500 million in cash to join larger rivals Hertz Global Holdings Inc and Enterprise Holdings Inc in the fast-growing U.S. car-sharing market.
