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Tulsa, Oklahoma. , 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 ...
Along with car, truck, and crossover rental services, Dollar Rent A Car provides ski racks, child safety seats, navigation, and operational support to renters. [38] As of February 2017, Dollar Rent A Car and Thrifty Car Rental maintained 1,500 franchised branches, 840 of which are in the United States and Canada. [39] [40]
Thrifty Car Rental was established in 1958. [2] [3] The company completed an initial public offering (IPO) of common stock in 1987.It would grow in size by purchasing Ohio-based Snappy Car Rental for US$40,000,000 (equivalent to $98,319,463 in 2023) in May 1989.
The acquisition of Dollar Thrifty solidifies Hertz' place as the second largest U.S. car rental agency, with a combined market cap of approximately $6.5 billion.
Hertz Global Holdings, Inc. (formerly The Hertz Corporation ), known as Hertz, is an American car rental company based in Estero, Florida. The company operates its namesake Hertz brand, along with the brands Dollar Rent A Car, Firefly Car Rental and Thrifty Car Rental . It is one of the three big rental car holding companies in the United ...
In 2007 when Enterprise Rent-A-Car, the largest industry player, acquired Vanguard Car Rental Group, operator of the Alamo and National rental agencies, the combined companies operated 10,800 ...
Under the direction of Netterstron, the company grew from a local car rental store to a franchise system with over 100 car rental offices throughout the United States. By 1987 the company acquired the U.S. portion of Canadian-based Holiday Rent a Car, at which time the company built its first automated central reservation system. [4]
There will be more consolidation in the car rental world. Hertz (NYS: HTZ) is buying Dollar Thrifty (NYS: DTG) in a $2.3 billion deal. The transaction will cash out Dollar Thrifty shareholders at ...
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