CAR COMPANY RENTAL
Alamo launches rental car check-in kiosks BizJournals Alamo Rent A Car plans to roll out new self-service kiosks at rental locations throughout the United States, including Houston. Travelocity's Third National Rental Car Study Reveals Continued Hike in Taxes at Airport Locations Business Wire via Yahoo! Finance SOUTHLAKE, Texas----Continuing a series of studies issued in July, 2003 and March, 2005 that revealed large differences between car rental companies' base rates and the total price including taxes that consumers paid, Travelocity's research on car rental taxes for 2006/2007 reveals that rental car sticker shock has risen again. Jury convicts Mike Ryan in car rental fraud Billings Gazette Michael W. Ryan, former owner of Thrifty Car Rental who schemed with an auto glass business to overcharge for windshield replacements, was convicted Monday of all charges in a federal fraud case. The panel deliberated four hours finding Ryan guilty of Jury convicts Mike Ryan in car rental fraud Billings Gazette Michael W. Ryan, former owner of Thrifty Car Rental who schemed with an auto glass business to overcharge for windshield replacements, was convicted Monday of all charges in a federal fraud case. Ford, GM Part Company on Financing Washington Post Watching Ford and General Motors used to be like watching Tweedledum and Tweedledee. One offered zero-interest car loans, the other offered zero-interest car loans. Both developed an unfortunate addiction to selling high-profit, hot-selling SUVs and pickups, and have been suffering withdrawal pains since those markets cooled. Both acquired car-rental companies as outlets for vehicles they felt Armor Electric Inc. Announces College Campus Electric Car Rental Program Purchase Order Agreement PrimeNewswire via Yahoo! Finance SOLANA BEACH, Calif., Dec. 12, 2006 -- Armor Electric Inc. announces the company has entered into a "Purchase Order Agreement" from a privately held company, Development Resources LLC, for Armor Electric to develop and deliver eleven electric powered NEV automobiles. Private-equity groups to acquire Sabre Holdings Houston Chronicle Silver Lake Partners and Texas Pacific Group said they will pay $32.75 per share in cash for the company, which connects airline, hotel and car-rental systems with travel agents. Worldspan rival Sabre gets bought out, too Atlanta Journal-Constitution Travel-reservations system operator Sabre Holdings, parent of the online service Travelocity.com, said Tuesday it is being acquired by private-equity groups for about $4.5 billion. Silver Lake Partners and Texas Pacific Group said they will pay $32.75 per share in cash for the company, which connects airline, hotel and car-rental systems with travel agents. They also assume about $550 million in Private groups buying Travelocity parent Sharewatch Consumers should not be affected by the change in ownership, analysts said. Silver Lake Partners and Texas Pacific Group will pay $32.75 per share in cash for the company, which connects airline, hotel and car-rental inventories with travel agents. The buyers also assume about $550 million in debt. Private-equity groups to buy Travelocity.com parent Minneapolis-St. Paul Star Tribune DALLAS Travel-reservations system operator Sabre Holdings, parent of the online service Travelocity.com, said Tuesday it is being acquired by private-equity groups for about $4.5 billion. Silver Lake Partners and Texas Pacific Group said they will pay $32.75 per share in cash for the company, which connects airline, hotel and car-rental systems with travel agents. They also assume about $550
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