Vanguard Automotive Group

Vanguard Car Rental Group Inc.
Private
Industry Rental Car
Headquarters Tulsa, Oklahoma
Key people
 Greg Stubblefield (President)Bill Lobeck (CEO)
Revenue $12.1 billion (2007)
Number of employees
 12,600
Website vanguardcar.com

Vanguard Automotive Group was a company based in Tulsa, Oklahoma. Vanguard purchased ANC Rental, owner of National Car Rental and Alamo Rent A Car. The company had a fleet of nearly 300,000 vehicles, mainly from Ford and Chrysler, and operated over 1,500 locations.[1] In 2007 Enterprise agreed to purchase a controlling share in the company from Cerberus Capital Management.[2] A sale to rival Enterprise Rent-A-Car was completed on Aug 1, 2007, making the combined Enterprise-Alamo-National the largest US car rental operation, ahead of The Hertz Corporation, and rival Avis Budget Group.

References

  1. ↑ Hoovers
  2. ↑ John Heinzl (2007-06-26). "Discount strategy a rental accident waiting to happen". Globe and Mail. Retrieved 2007-07-11.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.