The Hertz Corporation, which operates the Hertz, Dollar and Thrifty vehicle rental brands, has sold its local operation to long-time franchisee partner Best Rate Car & Truck Rental Inc., News is my Business confirmed. The financial terms of deal that closed July 1 were undisclosed. However, this media outlet learned that as a result of […]
Auto rental company Enterprise Rent-A-Car, announced the opening of a new location in Bayamón, with another one in the works for Guaynabo later this year. The new 2,000 square-foot office is part of an aggressive local expansion plan for Enterprise, which has 21 offices throughout the island and employs more than 240 people, executives said. […]
The car rental industry, which for years — and as a reflection of the economy — has experienced a significant decline, has seen a recent spike that could culminate in an increase of up to 5 percent at the end of this year, an industry executive said.
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
