Hertz Global Holdings Inc. Fails to Benefit From Acquisition of Dollar Thrifty, Industry Consolidation

A vehicle exits the National Car Rental System Inc. location for LaGuardia Airport (LGA) in this photo taken with a tilt-shift lens in the Queens borough of New York, U.S., on Monday, Aug. 25, 2014. Since its 2012 acquisition of Dollar Thrifty Automotive Group Inc. brought most of the industry under the control of three main companies, Hertz Global Holdings Inc. has been unable to take advantage of the pricing power its consolidation wrought, while Avis Budget Group Inc. has raised its outlook and seen its stock rise. Photographer: Ron Antonelli/Bloomberg via Getty Images
A vehicle exits the National Car Rental System Inc. location for LaGuardia Airport (LGA) in this photo taken with a tilt-shift lens in the Queens borough of New York, U.S., on Monday, Aug. 25, 2014. Since its 2012 acquisition of Dollar Thrifty Automotive Group Inc. brought most of the industry under the control of three main companies, Hertz Global Holdings Inc. has been unable to take advantage of the pricing power its consolidation wrought, while Avis Budget Group Inc. has raised its outlook and seen its stock rise. Photographer: Ron Antonelli/Bloomberg via Getty Images
Hertz Global Holdings Inc. Fails to Benefit From Acquisition of Dollar Thrifty, Industry Consolidation
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Credit:
Bloomberg / Contributor
Editorial #:
454706222
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Bloomberg
Date created:
August 25, 2014
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Source:
Bloomberg
Object name:
RENTAL CARS