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Thrifty Car Rental was established in 1958. [2] [3] The company completed an initial public offering (IPO) of common stock in 1987.It would grow in size by purchasing Ohio-based Snappy Car Rental for US$40,000,000 (equivalent to $98,319,463 in 2023) in May 1989.
Established in 1990 by the Chrysler Corporation, Dollar Thrifty Automotive was part of Chrysler's Pentastar Transportation Group in Tulsa, Oklahoma, which also included General Rent-A-Car and Snappy Car Rental. [4] Chrysler purchased Thrifty Rent A Car System, Inc. in 1989, and Dollar Rent A Car Systems, Inc. in 1990, forming Dollar Thrifty ...
[4] He later changed the name to Dollar Rent-A-Car. Under his 20 years of guidance it grew to be the fourth largest car rental agency worldwide with over 1,400 locations. He sold the company to the Chrysler Corporation in 1990 (it is now a part of the Dollar-Thrifty Automotive Group). [8]
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The 1 1/2-acre property at 268 Stevens St. was listed Monday in town assessor records as owned by 268 Stevens Street LLC, with Joseph Laham as manager. The assessed value was $620,000.
The company was founded in 1963 by Kenneth and Helen Walker as "$3.99 Car Rentals" and quickly expanded by purchasing several different car rental companies. In 1984, the various car rental brands were consolidated under the name Advantage Rent a Car. The Walker family sold the company in 2006, and by 2008, it was bankrupt.