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By 1980, the rental fleet had grown to 6,000 cars. In 1989, the fleet had grown to 50,000 and he changed the name of the company to Enterprise Rent-A-Car. [3] By 1992, Enterprise surpassed $1 billion in revenues and by 1995, it reached $2 billion in revenues. In 2007, Enterprise purchased National Car Rental and Alamo Rent-A-Car. [3]
Alamo was founded in Florida in 1974. [4] In 1996, Alamo was acquired by Republic Industries (later renamed AutoNation). [5] AutoNation spun off its car rental properties as ANC Rental in 2000. ANC filed for bankruptcy a year later; its properties were sold to Vanguard Automotive Group (controlled by Cerberus Capital Management) in 2003. [6]
Enterprise Holdings, Inc. (doing business as Enterprise Mobility) is an American private holding company headquartered in Clayton, Missouri, in Greater St. Louis.It is the parent company of car rental agencies Enterprise Rent-A-Car, National Car Rental, Alamo Rent a Car and also operates several other transportation services including commercial fleet management, used car sales (through its ...
Revenue. $12.1 billion (2007) Number of employees. 12,600. Website. vanguardcar.com. Vanguard Automotive Group was a vehicle rental company based in Tulsa, Oklahoma, USA. Vanguard purchased ANC Rental, owner of National Car Rental and Alamo Rent A Car. It had a fleet of nearly 300,000 vehicles, mainly from Ford and Chrysler, and operated in ...
Hertz Global Holdings, originally known as Rent-a-Car Inc., was founded by Chicago, Illinois native Walter L. Jacobs in 1918. [9] This small car rental operation began with a dozen Model T Ford cars. [10] [11] Within five years, Jacobs' fleet expanded to 600 vehicles—generating annual revenues of approximately US$1 million. [11]
Here's some creative super-sizing: If you want to rent a Volkswagen Beetle from Alamo Rent A Car, you'll pay the price of a midsize car, despite the fact that VW itself calls the vehicle a compact ...
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