Through this new venture, Enterprise Rent-A-Car and National Car Rental say they will be able to reduce operational costs and engine wear.
George Daniel Largay died on Sept. 30 from pancreatic cancer. He was 75 years old.
Enterprise Holdings has terminated the Master License Agreement that Europcar held to operate the National Car Rental and Alamo Rent A Car brands throughout Europe, Middle East and Africa (EMEA).
Top stories: AMC beings production of 4-wheel passenger cars; and Hertz, Avis and National reach settlement with Budget
"I think the car rental business is damn attractive," Leopold said. "It has all the growth potential a businessman could want, especially in a smaller town. Why, we're just getting our feet wet here."
Top stories include a report on the growing popularity of air conditioning, a new reservation system for Avis, and a new new-car sales record in theU.S.
Now that National is a publicly held corporation it will own "a substantial number" of the rental and leasing offices operated as part of the nationwide system.
While no one expects a nation rolling entirely on rented wheels, the rent-a-car industry has a virtually limitless growth potential.
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