Ads
related to: dollar thrifty automotive group locations- Trusted by millions
60,000+ positive reviews worldwide
Check the up-to-date reviews
- Rent a car from $1/day
$1 car rental in Orlando and more
Unlock QEEQ member-exclusive price
- Extra 7%off Booking stays
Get the exclusive travel benefit
QEEQ Diamond Membership free trial
- Up to 68% off car rental
QEEQ Diamond 1-month free trial
Unlock endless travel discounts
- Trusted by millions
cars-rentals.com has been visited by 100K+ users in the past month
Search results
Results from the Tech24 Deals Content Network
United States. Dollar Thrifty Automotive Group is the former holding company of Thrifty Car Rental and Dollar Rent A Car. Dollar Thrifty Automotive began to operate as an independent car rental subsidiary of the Chrysler Corporation on November 4, 1997 while continuing to support its two brands, Dollar Rent A Car and Thrifty Car Rental.
On December 23, 1997, Chrysler spun off its car rental operations into the Dollar Thrifty Automotive Group with an IPO, as part of an effort to reduce operating expenses at Chrysler. [7] [8] [9] By the end of the 1997 fiscal year, Dollar Thrifty Automotive maintained 872 locations in the United States and employed a staff of 5,400. [2] [10]
Operating under Dollar Thrifty Automotive Group, Dollar earned US$617.53 million in 1997, with company-owned stores generating 91 percent of revenue, compared to $499.17 million in 1996. [7] By this time, the car rental provider employed a staff of 5,400 as of September 1997. [8]
Consumers may want to buckle up for a bumpy ride as consolidation hits a new level in the car rental industry. Analysts predict that the $1.2 billion merger of Hertz Global Holdings and Dollar ...
For premium support please call: 800-290-4726 more ways to reach us
Other strategic developments during Frissora's tenure included engineering Hertz's November 2012 acquisition of Dollar-Thrifty Automotive Group for $2.6 billion, after a two-year bidding war with Avis Budget Group. The deal significantly expanded Hertz's car rental brand portfolio and yielded combined annual sales of US$10,200,000,000.
Hertz (NYS: HTZ) has completed its acquisition of Dollar Thrifty (NYS: DTG) , an $87.50-per-share deal valued at around $2.3 billion, the company announced today. Hertz and Dollar Thrifty had ...
In November 2012, Hertz Global Holdings Chairman and CEO Mark P. Frissora announced the company's purchase of Dollar Thrifty Automotive Group, a U.S.-based car rental brand with headquarters in Tulsa, Oklahoma, for US$2.3 billion. [31] [32] The business transaction included Hertz paying $87.50 per share of the Dollar Thrifty stock. [28]
Ads
related to: dollar thrifty automotive group locationscars-rentals.com has been visited by 100K+ users in the past month