VRCG receives the occasional news or magazine article written about us. We also have news of our own to share, so be sure to check back regularly and see what’s new.
Express News December 2008 Advantage Rent A Car has filed for bankruptcy protection and has laid off about half of the staff at its San Antonio headquarters as part of a larger downsizing brought on by the nation’s ongoing economic […]
Merger Market December 2008 As the hurricane gripping US auto manufacturers threatens to flatten weaker car rental agencies, New Jersey-based Hertz Global Holdings (NYSE:HTZ) could emerge an acquirer, according to two industry lawyers, an industry banker and an industry analyst. […]
Advertising Age – November 17, 2008 DETROIT (AdAge.com) — The eight major car-rental brands have been hit by a perfect storm of lower demand, less airport travel, tight credit and a shift by automakers from their traditional stance of buying […]
Financial Times : August 12, 2008 North America’s car-rental operators are being squeezed from all sides, and the pain is apparent in their financial performance, share prices and credit ratings. Downturns in the airline, hotel, financial services and vehicle manufacturing […]