Car Rental News For February 2009

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26/02/2009 – Avis Budget reports losses for 4Q
The rental car giant posted greater-than-expected losses on lower rental volumes and declining used car values.

23/02/2009 – Tourist arrivals to Scotland drop in 2008
High petrol prices and a weak dollar saw a decline in Scottish visitors last year.

19/02/2009 – Dollar Thrifty reports increased losses
The Dollar Thrifty Automotive Group posted a fourth quarter loss on a drop in demand and used vehicle values.

16/02/2009 – Car hire companies going green
Rental car companies are responding to consumer demand for fuel-efficient vehicles.

12/02/2009 – Parking permit fees to be linked to emissions
A levy on gas guzzlers in Edinburgh could be passed by next spring.

09/02/2009 – Car club memberships increasing rapidly
The number of urban dwellers joining car clubs is on the rise, as residents seek to save on their car expense.

05/02/2009 – Cost of car rental may rise this summer
A UK car hire company warns that it could be more costly for consumers to hire a car during peak periods.

02/02/2009 – Chauffeured car hire companies hurt in downturn
Australia’s independent limousine companies are losing clients and many are going out of business.

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