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Thrifty Car Rental was established in 1958. [2] [3] In 1981, the company was purchased by Bill Lobeck, the husband of Kathy Taylor, and his business partners. [4]The company completed an initial public offering (IPO) of common stock in 1987.
Dollar Rent A Car (formerly known as Dollar A Day Rent A Car) is an American car rental agency, headquartered in Estero, Florida, with offices in many countries around the world. Dollar is owned by The Hertz Corporation , along with other agencies including Hertz Rent A Car , Firefly Car Rental and Thrifty Car Rental .
Dollar Thrifty Automotive Group is the former holding company of Thrifty Car Rental and Dollar Rent A Car.Dollar Thrifty Automotive began to operate as an independent car rental subsidiary of the Chrysler Corporation on November 4, 1997 while continuing to support its two brands, Dollar Rent A Car and Thrifty Car Rental.
Hertz Global Holdings, Inc. (formerly The Hertz Corporation), known as Hertz, is an American car rental company based in Estero, Florida.The company operates its namesake Hertz brand, along with the brands Dollar Rent A Car, Firefly Car Rental and Thrifty Car Rental.
Dollar Thrifty Automotive Group [ edit ] As part of a corporate reshuffling following the retirement of Chrysler CEO Lee Iacocca , Cappy became the head of the company's car rental subsidiaries, which included Thrifty Car Rental and Dollar Rent A Car , and its defense and electronics operation, Chrysler Technologies. [ 12 ]
[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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