Dollar Thrifty Automotive Group has announced the continuation of their domestic and international expansion. On Tuesday, the car hire firm announced that it has opened 16 new franchise locations in the US since the beginning of July, which brings its total of newly opened franchises in the US this year to 31. The company has also added 5 master licensees to their international operations.
Dollar Thrifty’s franchise expansion includes the re-franchising of 2 former corporate locations that are successfully reentering the market as Thrifty Car Rental and Dollar Rent A Car offices inSpringfield, Missouri and Bentonville, Arkansas. The domestic growth also includes more Dollar openings in Marquette, Michigan; Staten Island, New York; and Wilmington, North Carolina; while a Thrifty location has opened in Danvers, Massachusetts. There are also several combined locations that provide retail used car sales and serve local rental needs. The Dollar and Thrifty brands have over 1,550 corporate and franchise locations in 81 countries.
Dollar Thrifty Automotive Group president and chief executive Scott Thompson says that they are delighted with how many new franchise locations they have opened in the US and abroad. Domestic and international franchise growth is key to increasing the brands’ visibility around the globe, he explained. Through their new franchise partners, he added, they are able to provide great value in many new markets to their expanding customer base.
Meanwhile, the company is in talks with Avis Budget Group, in which they will be taken over by the larger car hire firm. It’s been reported that Avis Budget is having to raise funds and unload some of its assets to make the merger more regulator-friendly.
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