Gary Paxton
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Dollar Thrifty Automotive Group named Scott Thompson president and CEO
, replacing Gary Paxton who will retire at year-end. Thompson joined the company in May as CFO. Meanwhile, DTAG senior executive vice president R. Scott Anderson was given an expanded role including responsibility for global sales and marketing.
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Car Rental Demand Softens
expenses increased 28 percent, year over year, primarily due to a softer-than-anticipated used car market, said Gary Paxton , Dollar Thrifty Automotive Group president and CEO. The company decreased its average rental fleet 4.4 percent
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Inside Track: Rearden Buys ExpenseWire
in early July each issued statements detailing difficult second quarters, but both Dollar Thrifty president and CEO Gary Paxton and Avis Budget chairman and CEO Ronald Nelson said in statements that they anticipate summer demand to outpace supply
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Dollar Thrifty Reports Poor Fourth-Quarter Performance
economy was sluggish, demand was down and we had a lot of risk cars." Echoing Foley's statements, president and CEO Gary Paxton during the earnings call said the company is focusing on increasing its share of the corporate market. "We're beginning
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Dollar Thrifty Automotive Group Inc. nearly doubled third-quarter net income to $11.3 million
two years to partially offset 25 percent increases in vehicle costs in both 2006 and 2007," said president and CEO Gary Paxton . "We expect vehicle cost increases to moderate significantly in 2008."
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Car Rental Revenues, But Not Rates, Grow
reinforce our objective to be the low-cost provider in the rental car industry," Dollar Thrifty president and CEO Gary Paxton said in the company's earnings report. Dollar Thrifty said it is more aggressively targeting corporate customers
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Dollar Thrifty Automotive Group Inc. reported second-quarter net income of $15.3 million
target" corporate business. "Rental pricing is up sharply in the peak summer travel months of July and August over the prior year although we expect price increases to moderate during off-peak periods," said president ad CEO Gary Paxton .
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Dollar Thrifty Automotive Group achieved record first-quarter revenues of $398 million
from $21.8 million. "A very strong pricing environment continued in the quarter helping to offset significantly higher vehicle depreciation and interest costs as compared to the prior year," according to president and CEO Gary Paxton .
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Dollar Thrifty Automotive Group achieved record first-quarter revenue, net income and earnings per share as well as increases of 1.6 percent in revenue per day
and 4.7 percent in total rental days. "Trends over the last five months indicate that pricing is gaining traction and we are very encouraged by year-over-year pricing in the second quarter as travel volume builds," noted president and CEO Gary Paxton .
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Cendant Ups Corp. Car Rate
Concerns about higher fleet expenses and even tighter fleet supply were echoed by Dollar Thrifty Automotive Group CEO Gary Paxton , whose Dollar and Thrifty brands raised rack rates this summer, varying by market, between 5 percent and 10 percent

