Mark Frissora
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Redefining Rental: Evolving Car Rental Programs Target Corporate Users
… their own versions of car-sharing programs, including Enterprise's WeCar program and Connect by Hertz. Hertz CEO Mark Frissora in a recent earnings call envisioned "that all of our cars will end up having Connect technology in them. That will …
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Hertz: Dollar Thrifty Acquisition Would Help Corporate Sales
… offer. "Avis has never put its money where its mouth is in terms of making a concrete offer for DTG," Hertz CEO Mark Frissora said Monday during a conference call with investors and media. "Avis seems unwilling or unable to obtain FTC clearance …
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Hertz Anticipates Increasing Quarterly Revenue
… earnings in November, boosted by an 11 percent increase in its U.S. car rental business. Hertz chairman and CEO Mark Frissora said in a statement that the company has benefited from "higher than forecasted efficiency improvements, including …
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Hertz amended its agreement to purchase Dollar Thrifty and began a process to divest Advantage Rent-a-Car
… revised Hertz proposal. Regarding Advantage, "It is clear to us that brand divestiture will be required to complete a transaction involving Dollar Thrifty that satisfies regulators' concerns," according to Hertz CEO Mark Frissora .
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Avis Budget Raises Offer For Dollar Thrifty
… controlled by either Avis or Enterprise, and that's a bad deal for car rental customers," Hertz chairman and CEO Mark Frissora said in a statement. "One can only conclude that Avis Budget knows it will have a difficult, if not impossible task …
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Hertz, Dollar Thrifty Score Second-Quarter Gains
… worldwide car rental revenues were up 9.3 percent to $1.6 billion, the company reported. Hertz chairman and CEO Mark Frissora said in a conference call to investors that rental volume from its top corporate accounts was up 20 percent to 25 percent …
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Buyers Can Gain As Hertz, Avis Battle For Dollar Thrifty
… definitive agreement to acquire Dollar Thrifty for $41 per share, or about $1.2 billion. Hertz chairman and CEO Mark Frissora said the acquisition "fills a gap in our product portfolio, with a strong mid-tier option. Together, we'll …
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Hertz Global Holdings agreed to acquire Dollar Thrifty Automotive Group
… serve rental customers on six continents from approximately 9,800 locations," according to a statement by Hertz CEO Mark Frissora . "Together we will be able to compete even more effectively and efficiently against other multi-brand car rental …
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Hertz Agreement To Buy Dollar Thrifty Could Expand Pricing Options
… Dollar Thrifty stockholder approval, gives Hertz control of the two brands at $41 per share. Hertz chairman and CEO Mark Frissora said in a conference call today that the acquisition "fills a gap in our product portfolio, with a strong mid-tier …
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Hertz Global Holdings reported second-quarter adjusted net income of $49.6 million
… days declined 11.8 percent with rental rate revenue per transaction day down 1.7 percent. According to Hertz CEO Mark Frissora , "Volume and pricing trends have improved for the summer car rental peak in Europe and the United States."
