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The ConRAC under construction in 2024. The Los Angeles International Airport Consolidated Rent-A-Car (LAX ConRAC) facility is one of the major components of the airport's US$5.5 billion Landside Access Modernization Program, along with the LAX Automated People Mover (APM). [1]
Los Angeles, CA: Los Angeles International Airport (LAX) 2024 The US$1.5 billion building is the largest CONRAC in the world at 6,300,000 square feet (590,000 m 2) and hosts up to 21,000 rental vehicles. It connects to the airport's terminals by an under construction people mover. [54] [55]
Rent-a-Wreck was founded in 1968 in Los Angeles, and sold its first franchise in 1973. [1] Since then, it has opened franchised locations in 41 of the 50 U.S. states, Scandinavia, and Sint Maarten island in the Caribbean. Rent-a-Wreck was purchased by JJF Management on January 26, 2006. [1]
Where Hertz, which has been renting cars since the days of the Model T, was once the world’s largest rental car company, in 2023 its revenue was 22% less than its publicly held rival Avis Budget.
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In 2021, Hertz made a big splash when it announced plans to buy 100,000 Teslas and greatly expand its fleet of EVs. That deal, which came just half a year after a $4.2 billion restructuring saved ...
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