Dollar-Thrifty Automotive Group
From Wikipedia, the free encyclopedia
Dollar-Thrifty Automotive Group NYSE: DTG is a holding company for Thrifty Car Rental and Dollar Rent A Car, formed in 1990 by Chrysler and spun off in 1997. The company at one time also owned Snappy Rent A Car (which was sold in 1994), Eurodollar and General Rent A Car (which was closed in 1993). It is based in Tulsa, Oklahoma.
The company primarily rents Chrysler, Dodge, and Jeep vehicles within the United States, though some locations feature other popular brands, such as Mazda, Nissan, or Toyota.
DTAG is a Fortune 1000 company and have over 1,475 locations worldwide including more than 835 locations in the United States.[1] In 2006, the company outsourced its IT operations to EDS.
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[edit] Thrifty Car Rental
Thrifty Car Rental was founded in 1958. It became a public company in 1987 and in 1989 it was acquired by Chrysler, where in 1990 it was combined with Dollar Rent A Car. Thrifty Car Rental is one of the largest car rental companies currently in operation and is also one of the most widely recognized brands in the world.
Together with its corporately-owned locations and those of its franchise owners, the Thrifty Car Rental brand has more than 1,028 locations in 68 countries.
[edit] Dollar Rent A Car
Dollar Rent A Car was founded in 1965 by Henry Caruso in Los Angeles, California. In 1990 it was acquired by Chrysler. It was originally called Dollar Rent A Car because it had a standardized daily rate of one dollar for sedans. By 1968, rates were raised to keep competitive prices while maintaining monopolistic competition with other rental car companies.
Dollar has more than 647 worldwide locations in 53 countries, with a significant presence in Europe, the Caribbean and Latin America, including more than 358 in the United States and Canada.
[edit] External links
- Dollar Rent A Car official site
- Dollar Thrifty Automotive Group official site
- Thrifty official site
- Thrifty Romania Romanian Franchise website
- History of Dollar Thrifty Automotive Group
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