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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.
Chrysler purchased Thrifty Rent A Car System, Inc. in 1989, and Dollar Rent A Car Systems, Inc. in 1990, forming Dollar Thrifty Automotive Group. [5] By 1997, Dollar Thrifty Automotive earned US$843.94 million in sales, employed a staff of 5,200, and maintained a combined rental fleet of approximately 100,000 vehicles.
Hertz Global Holdings, originally known as Rent-a-Car Inc., was founded by Chicago, Illinois native Walter L. Jacobs in 1918. [9] This small car rental operation began with a dozen Model T Ford cars. [10] [11] Within five years, Jacobs' fleet expanded to 600 vehicles—generating annual revenues of approximately US$1 million. [11]
Thrifty may refer to: Thrifty Foods, a Canadian supermarket chain; Thrifty Drug Stores and Thrifty PayLess, now Rite Aid; Thrifty phenotype; Thrifty Rent A Car, part of Dollar Thrifty Automotive Group
Thrifty PayLess Holdings, Inc. was a pharmacy holding company that owned the Thrifty Drugs and PayLess Drug Stores chains in the western United States. The combined company was formed in April 1994 when Los Angeles–based TCH Corporation, the parent company of Thrifty Corporation and Thrifty Drug Stores, Inc., acquired the Kmart subsidiary PayLess Drug Stores Northwest, Inc. [1] At the time ...
Hertz Car Sales is a division of The Hertz Corporation that sells vehicles that were previously used in the Hertz car rental fleet. [2] Hertz Car Sales is based out of The Hertz Corporation's headquarters in Estero, Florida . [ 3 ]
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