Alamo Car Rental Toll Policy
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DRIVING CHANGE in the RENTAL VEHICLE INDUSTRY the Need for National Tax and Regulatory Reform
DRIVING CHANGE IN THE RENTAL VEHICLE INDUSTRY The need for national tax and regulatory reform Tourism & Transport Forum $RIVINGCHANGEINTHERENTALVEHICLEINDUSTRY 2 For further information please contact: Caroline Wilkie National Manager Aviation & Transport Tourism & Transport Forum T +61 2 9240 2016 Tourism & Transport Forum (TTF) E [email protected] represents the following rental vehicle companies Kary Petersen Manager Transport Tourism & Transport Forum T +61 2 9240 2013 E [email protected] 8th Floor 8-10 Loftus Street Sydney Nsw 2000 T +61 2 9240 2000 F +61 2 9240 2020 www.ttf.org.au CONTENTS INTRODUCTION 2 Tourism & Transport Forum 2 EXECUTIVE SUMMARY 3 THE RENTAL VEHICLE INDUSTRY 4 Size and scope of the industry 4 Key benefits 4 The challenges ahead 7 THE REGULATORY AND TAX BURDEN 9 Cost of compliance 9 Regulation 10 Taxes and charges 13 COST OF INACTION 22 Lost opportunities 22 REFORM AGENDA 24 Options for reform 24 Benefits of reform 25 Barriers to reform 26 Case studies 27 CONCLUDING REMARKS 29 INTRODUCTION TOURISM & TRANSPORT FORUM Marketing & Attractions Tourism & Transport Forum (TTF) is the peak industry s #REDIT#ARDS group for the Australian tourism, transport, aviation and s #ULTURAL!TTRACTIONS investment sectors. A national, member-funded CEO s .ATURAL4OURISM forum, TTF advocates the public policy interests of the s4HEME0ARKS 200 most prestigious corporations and organisations in s4OURISM-ARKETING/RGANISATIONS these sectors. Major Events, Business Tourism, Retail & Hospitality s !GENCIES TTF’s membership comprises the -
Issue 36C Remarketing Memorandum
SAN FRANCISCO INTERNATIONAL AIRPORT SECOND SERIES VARIABLE RATE REVENUE REFUNDING BONDS ISSUE 36C Remarketing Memorandum Airport Commission of the City and County of San Francisco San Francisco International Airport Second Series Variable Rate Revenue Refunding Bonds Issue 36C REMARKETING—NOT A NEW ISSUE—BOOK-ENTRY ONLY RATINGS: Moody’s: Aa1/VMIG1 S&P: AAA/A-1 Fitch: AA/F1 (See “RATINGS” herein) On June 3, 2009, Orrick, Herrington & Sutcliffe LLP and Quateman LLP, Prior Co-Bond Counsel to the Commission, rendered their respective opinions to the effect that, based upon an analysis of then-existing laws, regulations, rulings and court decisions, and assuming, among other matters, the accuracy of certain representations and compliance with certain covenants, interest on the Issue 36C Bonds was excluded from gross income for federal income tax purposes under Section 103 of the Internal Revenue Code of 1986, as amended (the “Code”), except that no opinion was expressed as to the status of interest on any Issue 36C Bond for any period that such Issue 36C Bond was held by a “substantial user” of the facilities financed or refinanced by the Issue 36C Bonds or by a “related person” within the meaning of Section 147(a) of the Code. Prior Co-Bond Counsel further opined that interest on the Issue 36C Bonds was not a specific preference item for purposes of the federal individual or corporate alternative minimum taxes nor was it included in adjusted current earnings when calculating corporate alternative minimum taxable income. Prior Co-Bond Counsel also opined that interest on the Issue 36C Bonds was exempt from State of California personal income taxes. -
Enterprise Rent-A-Car and Europcar Expand Strategic Alliance to Create the World’S Largest Car Rental Network
For more information, contact: Ned Maniscalco, Enterprise Rent-A-Car 314-512-5523, [email protected] FOR IMMEDIATE RELEASE Enterprise Rent-A-Car and Europcar Expand Strategic Alliance To Create the World’s Largest Car Rental Network Partnership Expands Transatlantic Alliance Established in 2006 Between Europcar and National Car Rental and Alamo Rent A Car September 4, 2008 (St. Louis, Missouri) – Enterprise Rent-A-Car, North America’s largest car rental company, and Europcar, the number one car rental company in Europe, today announced they have enhanced their strategic alliance to include the Enterprise brand in North America, as well as the National Car Rental and Alamo Rent A Car brands that previously constituted the transatlantic partnership. Enterprise and Europcar have been working to formally expand the alliance ever since Enterprise’s purchase of the National and Alamo brands in North America in August 2007. With the addition to the new partnership of the Enterprise brand in North America, the alliance now offers a combined fleet of more than 1.2 million rental vehicles in more than 13,000 locations in 162 countries. The newly expanded partnership constitutes the largest car rental network in the world. The expanded alliance provides rental car coverage for customers traveling between each partner company’s areas of operations. Under the terms of the agreement, the partners will also take a coordinated approach to global corporate accounts, offering today’s companies and organizations the most extensive service provider network in the rental car industry anywhere in the world, complete with coordinated loyalty programs. The alliance is designed to leverage and develop traffic between North America and Europe: each year an estimated 12 million people travel across the Atlantic in either direction. -
People of the State of California V. Turo Inc. File Stamped Complaint
1 DENNIS J. HERRERA, StateBar#l39669 City Attorney , 2 YVONNE R. MERE, State Bar# 173594 Chief of Complex and Affirmative Litigation 3 NATALIE M. ORR, State Bar #290590 JAIME M. HULING DELAYE, State Bar #270784 4 Deputy City Attorneys Fox Plaza 5 1390 Market Street, 6th Floor San Francisco, California 94102-5408 6 Telephone: (415) 554-3849 Facsimile: (415) 437-4644 7 E-Mail: [email protected] 8 Attorneys for Plaintiff PEOPLE OF THE STATE OF CALIFORNIA, 9 acting by and through DENNIS J. HERRERA AS CITY ATTORNEY OF SAN FRANCISCO 10 11 SUPERIOR COURT OF THE STATE OF CALIFORNIA 12 COUNTY OF SAN FRANCISCO 13 UNLIMITED JURISDICTION 14 PEOPLE OF THE STATE OF CALIFORNIA, case ~GC-18-5638 0 3 acting by and through DENNIS J. HERRERA 15 AS CITY ATTORNEY OF SAN FRANCISCO, COMPLAINT FOR INJUNCTIVE RELIEF 16 AND CIVIL PENALTIES FOR VIOLATIONS Plaintiff, OF BUSINESS AND PROFESSIONS CODE 17 SECTION 17200 vs. 18 TURO INC., and DOES 1-100, inclusive, 19 Defendants. 20 21 22 The PEOPLE OF THE STATE OF CALIFORNIA, by and through San Francisco City 23 Attorney DENNIS J. HERRERA ("the People"), file this Complaint against Defendants TURO INC. 24 and DOES ONE through ONE HUNDRED (collectively, "Turo"). The People allege as follows: 25 INTRODUCTION 26 1. This action arises out of Turo' s unlawful and unfair operation of a rental car business at 27 San Francisco International Airport ("SFO" or "the Airport") without a valid permit, in direct violation 28 of SFO's Rules and Regulations, the California Vehicle Code, and the California Penal Code. -
“How to Analyse a Car Rental Company”
Investor Campus – The “How to analyse Series” 1 Module # 3 – Component # 2 “How to analyse a car rental company” This component focuses on the basics of the car rental industry. We look at the fundamentals of the industry, the economics, the risks and the financial equation that investors can expect to find in a typical car rental business. This is one component in the Investor Campus series of “How to analyse …” In this series, over 50 individual industries are covered. It also assumed that the reader has the base knowledge to analyse a generic company. Objectives To identify the profit drivers behind this industry, the business model, risks and critical success factors. Expected Outcomes: ? To understand the economic and financial fundamentals of the industry. ? To understand the key issues and profit drivers in this industry. ? To be able to review a typical company within this sector and compare it meaningfully to global norms. ? To be able to identify warning signals and opportunities in a typical company in this sector. ? To be equipped to conduct an interview with management of a company in this industry. ? To understand a recipe to analyse a company in this sector. Investor Campus – How to analyse a car rental business Investor Campus – The “How to analyse Series” 2 Car rental summary table Key ratios to · ROCE: an indication of the operational competence of the business. assess a car rental · ROE: combines operational performance with gearing level. business · Debt to equity ratio: Indication of financial leverage and risk. · Interest cover: An indication of financial risk. · Operating margin and ROS: Ability to generate accounting profit. -
Car Rental Security Contacts
Car Rental Security Contacts www.carrentalsecurity.com This list is divided into three sections. The first is the Corporate Headquarters (HQ) information for each agency. In some cases there may also be listed a “Car Control” function normally responsible for overdue vehicles, vehicle impounds/towing, etc. Some may list toll-free after-hours numbers and/or Customer Service / Roadside Assistance numbers. After-hours information may be limited depending upon the agency. Vehicle registration information is also listed where provided. Keep in mind that most agencies have “floating” or “controlled” fleets so vehicles with out of state plates may have been rented locally. The second part of the list is a summary state-by-state listing of those security contacts located in the field. The last listing is a detailed list of all security contacts (HQ and Field) by rental agency name and then in alphabetical order. See www.carrentalsecurity.com for the most current list. Please note the footnote disclaimer. Current as of 03/25/2008 HQ SECURITY CONTACTS ADVANTAGE ALAMO AVIS AVIS BUDGET GROUP BUDGET CCRG CENDANT DOLLAR DTG/DTAG ENTERPRISE HERTZ NATIONAL PV HOLDING RENTAL CAR FINANCE VANGUARD FIELD SECURITY CONTACTS – by State AK AL AR AZ CA CO CT DC DE FL GA HI IA ID IL IN KS KY LA MA MD ME MI MN MO MS MT NC ND NE NH NJ NM NV NY OH OK OR PA RI SC SD TN TX UT VA VT WA WI WV WY ALL SECURITY CONTACTS – by Company ADVANTAGE ALAMO AVIS AVIS BUDGET GROUP BUDGET CCRG CENDANT DOLLAR DTG/DTAG ENTERPRISE HERTZ NATIONAL PV HOLDING RENTAL CAR FINANCE VANGUARD DISCLAIMER – This list is for the exclusive use of Car Rental Security, Law Enforcement, Bank Card Security and other Security related groups. -
Issue Brief: Peer-To- Peer Car Sharing
Peer-to- Peer Car Sharing What is Peer-to-Peer Car Sharing? Peer-to-peer (P2P) car sharing refers to sharing privately-owned vehicles, for money, over an internet platform operated by a third-party. It is often referred to as “Airbnb for cars,” highlighting its similarity to other business models in the “sharing economy.” The most prominent P2P car sharing company is Turo, which is available in every state but New York. How does P2P Car Sharing Compare to Traditional Car Rental? Traditional car rental companies say there is no difference between them and P2P car rental companies because they provide the same service — the temporary transfer of a vehicle, without a driver, for money. But car sharing companies say they are not like car rental companies because they do not own cars, set rates, or arrange for delivery. Instead, they say they are technology companies providing platforms to facilitate private transactions and charging fees for that access (see public hearing testimony, Connecticut Senate Bill (SB) 216 (2020)). What is the Issue for Lawmakers? The National Conference of State Legislatures (NCSL) cites promoting innovation, greater consumer choice, and car ownership expense reduction as some of the benefits to P2P car sharing. But this business model is a challenge for states because it often falls into a legal gray area. P2P car sharing companies may not be legally considered car rental companies, and Source: Turo existing state laws related to car rental safety, insurance, and taxation may not neatly apply to the business model. Therefore, states are increasingly considering how P2P car sharing operates within their existing regulatory schemes and deciding whether, and if so how, the business should be regulated. -
Andrew C. Taylor Executive Chairman Enterprise Holdings Inc
Andrew C. Taylor Executive Chairman Enterprise Holdings Inc. Andrew Taylor, who became involved in the automotive business more than 50 years ago, currently serves as Executive Chairman of Enterprise Holdings Inc., the privately held business founded in 1957 by his father, Jack Taylor. Enterprise Holdings operates – through an integrated global network of independent regional subsidiaries and franchises – the Enterprise Rent-A-Car, Alamo Rent A Car and National Car Rental brands, as well as more than 10,000 fully staffed neighborhood and airport locations in 100 countries and territories. Enterprise Holdings is the largest car rental company in the world, as measured by revenue and fleet. In addition, Enterprise Holdings is the most comprehensive service provider and only investment-grade company in the U.S. car rental industry. The company and its affiliate Enterprise Fleet Management together offer a total transportation solution, operating more than 2 million vehicles throughout the world. Combined, these businesses – accounting for $25.9 billion in revenue in fiscal year 2019 – include the Car Sales, Truck Rental, CarShare, Commute vanpooling, Zimride, Exotic Car Collection, Subscribe with Enterprise, Car Club (U.K.) and Flex-E-Rent (U.K.) services, all marketed under the Enterprise brand name. The annual revenues of Enterprise Holdings – one of America’s largest private companies – and Enterprise Fleet Management rank near the top of the global travel industry, exceeding many airlines and most cruise lines, hotels, tour operators, and online travel agencies. Taylor joined Enterprise at the age of 16 in one of the original St. Louis offices. He began his career by washing cars during summer and holiday vacations and learning the business from the ground up. -
Alamo Car Rental Special Offers
Alamo Car Rental Special Offers Subtorrid Ambrose fingerprints: he proselytise his Halicarnassus barefooted and sufficiently. Unevangelical Pietro usually recurs some customaries or swigging gnathonically. Unadulterate or feathered, Lambert never bowelling any violoncellos! Discounts for Military and Military family members. The index of the element to return. Returns the security features of the function. Whether to suppress warnings. The offers like us and specials section above at a bunch more than happy and hyundai, offering a grace period you? Enter your alamo rent a special rate when choosing what convertible blue booking. The void of milliseconds to throttle invocations to. In actuality, we only needed the about for five days: four for driving, one for errands and returning the car. Join the Dollar Express Renter Rewards program and earn free rentals. Thank you very much for your understanding and our apologies. Additionally, Alamo offers instant discounts through its free rewards program, Alamo Insider. Which extend not accept compensation when it was smooth and special rate. The first number in a multiplication. Out let these cookies, the cookies that are categorized as feedback are stored on your browser as following are essential when the aftermath of basic functionalities of the website. Simply enter a special savings. No additional insurance provider in telling stories, special offers unlimited miles, gps via your next trip of any major airlines in. Returns the rounded down number. Returns the chosen function or its result. Returns the placeholder value. Intermediate suv is not required for a road trip business class inheritance axios class. Get started on police car rental today been your next Hawaiian vacation! VERY easy to use and a lot of people ignore them, so there is seldom a wait to use one. -
Acquiring Zipcar: Brand Building in the Share Economy
Boston University School of Management BU Case Study 12-010 Rev. December 12, 2012 Acquiring Zipcar Brand Building in the Share Economy By Susan Fournier, Giana Eckhardt and Fleura Bardhi Scott Griffith, CEO of Zipcar, languished over his stock charts. They had something here, everyone agreed about that. Zipcar had shaken up the car rental industry with a “new model” for people who wanted steady access to cars without the hassle of owning them. Sales had been phenomenal. Since its beginning in 2000, Zipcar had experienced 100%+ growth annually, with annual revenue in the previous year of $241.6 million. Zipcar now boasted more than 750,000 members and over 8,900 cars in urban areas and college campuses throughout the United States, Canada and the U.K. and claimed nearly half of all global car-sharing members. The company had continued international expansion by purchasing the largest car sharing company in Spain. The buzz had been wonderful. Still, Zipcar’s stock price was being beaten down, falling from a high of $31.50 to a current trade at $8 and change (See Exhibit 1). The company had failed to turn an annual profit since its founding in 2000 and held but two months’ of operating cash on hand as of September 2012. Critics wondered about the sustainability of the business model in the face of increased competition. There was no doubt: the “big guys” were circling. Enterprise Rent-a-Car Co. had entered car sharing with a model of its own (See Exhibit 2). The Enterprise network, which included almost 1 million vehicles and more than 5,500 offices located within 15 miles of 90 percent of the U.S. -
Avis Budget Brochure
Information Guide Contact Details Vehicle Guide Subject to Change Charges Explained Subject to Change Counter AVIS BUDGET Products Subject to BROCHURE change Value Added Products SOUTHERN AFRICA DIRECTORY Subject to 1 NOV 2018 - 31 OCT 2019 change Branch List 1 CONTACT US Reservations SOUTH AFRICA [email protected] | [email protected] +27 11 387 8431 NAMIBIA [email protected] +264 (0) 61 233 166 BOTSWANA [email protected] +267 370 5313 The following information must be provided when making a reservation: • Customer’s name • Pick-up location, date and time • Drop-off location, date and time • Flight details • Car group / SIPP code • Avis account number and voucher number (if applicable) • IATA / Avis assigned number (if applicable) • Rate code: The information in the reservation must correspond with the information on the voucher. Rate codes determine the amount invoiced • Rates are applied on pick-up dates (per season) for the entire rental Value Added Products PLEASE CLICK ON ANY OF THE LOGOS BELOW TO VISIT THEIR WEBPAGE [email protected] +27 11 387 8483 [email protected] +27 11 387 8482 [email protected] +27 11 387 8482 +27 (0) 11 392 5205 +27 (0) 84 200 4030 Contact Us Continued >> 3 CONTACT US Customer Care [email protected] Avis: +27 11 387 8431 Budget: +27 86 101 6622 Emergency and Breakdown roadside service (24 hours): AVIS ROADSIDE AND EMERGENCIES - YOU’RE NOT ALONE! In the unlikely event that your vehicle should let you down or any roadside or medical emergency should arise, you simply call our 24 hour Careline below : SOUTH AFRICA 0800 001 669 (Local) +27 11 387 8432 (International) NAMIBIA +264 (0) 81 124 3100 (Inland) +264 (0) 81 128 1206 (Coastal) BOTSWANA +267 758 36015 We also offer a supplementary Roadside Assistance service at an additional charge for taking care of mishaps like tyre changes, flat batteries and keys being locked in the car. -
Nancy Schneider
'If you live in a city, you don't need to own a car.' William Clay Ford Jr., CEO, Ford Motor Company Ltd. Car Facts: zThe American Automobile Association (AAA) says that, on average, it costs 52.2 cents to drive one mile. zHousehold income spent on cars: 20% (1990 - 13.2%) or zOver $8,000 per household per year (39% of income for lower income households) 1 More Car Facts: zThe average N.A. car is driven just 66 minutes a day z$8,000 to drive about 400 hours a year {Or $666 to drive about 30 hours a month {Or $22 to drive an hour a day ÅOur Ranking The areas with the lowest expenses are those that have the highest public transit use, probably because those areas have lower car ownership. Even a modest reduction in the average number of motor vehicles per household translates into a significant drop in average household car expenses. 2 Car Sharing/ Car-Sharing/Carsharing What is it? History… Car Sharing, launched in 1987 in Switzerland and later in 1988 in Germany, came to North America via Quebec City in 1993 and to Portland, OR in 1998. 3 Car Sharing: What it isn’t... zCar pooling zRide sharing zFlex fuel vehicles In the news… 4 At U of F: Zipcar speeds toward expansion; car-sharing seeks inside track San Francisco Business Times - July 14, 2006 by Eric Young Fueled by an injection of cash, a car-sharing service said expansion plans in the San Francisco Bay Area are moving full speed ahead.