Dollar Thrifty Automotive Group News

Dollar and Thrifty continue European expansion with Italian branches

Dollar and Thrifty continue European expansion with Italian branches

2nd Mar 2015 Car Rental News

The car rental brands Dollar and Thrifty, both part of Hertz Corporation, have opened 29 branches across Italy, replacing existing locations operated by a former licensee. The new airport and downtown branches have opened in Italy’s most important cities including Rome, Milan, Venice and Naples. In these and other major tourist destinations across the country, car rental customers with value oriented requirements will benefit from a larger, modern fleet and attractive offers.

Dollar Thrifty expands European presence with German locations

Dollar Thrifty expands European presence with German locations

7th Jan 2015 Car Rental News

Dollar Thrifty Automotive Group, part of The Hertz Corporation, has expanded its existing network in Germany with 116 additional locations throughout the country. The new branches began operating in major German destinations as of this month. Dollar Thrifty has expanded its existing network in Germany with 116 additional locations throughout the country.

Hertz finally completes Dollar Thrifty deal

Hertz finally completes Dollar Thrifty deal

21st Nov 2012 Airline News

More than two years after launching its initial bid, Hertz Global Holdings has finally completed the acquisition of Dollar Thrifty Automotive Group. The news comes just five days after Hertz received Federal Trade Commission approval for the deal.

Dollar Thrifty calls for end to merger dance

Dollar Thrifty calls for end to merger dance

2nd Aug 2012 Car Rental News

Dollar Thrifty has issued a call to potential merger partners to cement offers for the firm as it releases its latest financial results. The car rental giant made $49.4 million in net profit in the second quarter, up 16.2 per cent year-on-year.

Hertz withdraws offer for Dollar Thrifty

Hertz withdraws offer for Dollar Thrifty

28th Oct 2011 Car Rental News

Hertz Global has announced it is withdrawing its exchange offer for all outstanding shares of Dollar Thrifty Automotive Group. The car rental giant decided to withdraw its exchange offer at this time in light of Dollar Thrifty’s plan to commence its announced share repurchase program and current market conditions.

Profits up at car rental giant Dollar Thrifty

Profits up at car rental giant Dollar Thrifty

9th Aug 2011 Car Rental News

Dollar Thrifty Automotive Group has seen earnings increase in the second quarter or financial 2011, prompting the car rental giant to increase its full-year expectations. The company reported a profit of $42.5 million, or $1.36 a share, for the three months ended June 30th, up from $42.3 million, or $1.40 cents, a year earlier.

Dollar Thrifty plays waiting game with Hertz bid

Dollar Thrifty plays waiting game with Hertz bid

7th Jun 2011 Car Rental News

Dollar Thrifty has advised shareholders not to tender their shares to Hertz Global Holdings, as an offer of $72 a share undervalues the company. The car rental organisation is presently being sought by two larger rivals, Hertz and competitor Avis.