Yen Grows Stronger, Threatens Financial Health of Auto Makers
18 Mar 2011, 06:07 UTC · By: Daniel Patrascu / Usually, when a crisis of some kind hits a country, its currency depreciates. Proving, once again, that it is an economy like no other, Japan and its big automotive players are faced, one week after...
Dollar Thrifty Rejects Avis' Offer
28 Sep 2010, 08:32 UTC · By: Daniel Patrascu / Despite having a slightly better offer when it comes to the money offered, Avis Budget Group was given a big thumbs down by the Dollar Thrifty Automotive Group, who chose to go with the first bidder...
Avis Tops Hertz's Offer for Dollar Thrifty
29 Jul 2010, 06:23 UTC · By: Daniel Patrascu / Back in April, the rental business in the US was bracing for what was supposed to become the most important deal in the car-rental sectors ever made in the country: the purchase of Dollar Thrifty Au...
Toyota Takes Another Financial Hit Due to Dollar Drop
26 Nov 2009, 16:38 UTC · By: Alex Vasile / Unfortunately for Toyota Motors Co, which used to be the world’s biggest automaker, the company is free falling as it's looking at yet another financial disaster. The car manufacturer is ...