Tuesday, April 27, 2010

Hertz buys Dollar/Thrifty rent-a-car

In a blockbuster deal that is sure to have significant effects on the consumer rental car market, Hertz has bought Dollar/Thrifty in a $1.2 billion takeover. Hertz will regain its title as the largest rental car firm with this buyout.

From a consumer traveler’s point of view, the pending results of this merger are murky. This combination of Hertz together with Dollar/Thrifty would link a company that has been known for some of the most expensive rental car prices together with a group that normally offered some of the least expensive rentals.

From a consumer’s point of view it seemed that Hertz focused on business travelers and Dollar/Thrifty marketed to the leisure market and families. Building a new brand image will be a challenge.

Perhaps Hertz will keep the companies operating under two separate brands here in the U.S. and combine brands overseas.

No comments:

Post a Comment