January 31, 2015 5:35 AM ET

Road and Rail

Company Overview of Dollar Thrifty Automotive Group Inc.

Company Overview

Dollar Thrifty Automotive Group, Inc., through its subsidiaries, engages in the daily rental of vehicles to business and leisure customers under the Dollar and Thrifty names through company-owned stores in the United States and Canada. It also sells vehicle rental franchises worldwide; and provides sales and marketing, reservations, data processing systems, insurance, and other services to franchisees. The company operates a franchised retail used car sales network. In addition, it provides supplemental equipment and optional products, including loss damage waivers and insurance products related to the vehicle rental; rents global positioning system equipment, ski racks, infant and child sea...

5330 East 31st Street

PO Box 35985

Tulsa, OK 74135-0985

United States

Founded in 1989

5,900 Employees





Key Executives for Dollar Thrifty Automotive Group Inc.

Age: 55
Chief Financial Officer
Age: 44
President of Dollar Thrifty Automotive Group Canada
Chief Information Officer and Executive Vice President
Age: 55
Executive Vice President
Age: 57
Compensation as of Fiscal Year 2014.

Dollar Thrifty Automotive Group Inc. Key Developments

Dollar Thrifty Automotive Group Inc. Opens 116 Additional Locations in Germany

Dollar Thrifty Automotive Group announced that it has expanded its existing network in Germany with 116 additional locations throughout the country. The new branches began operating in major German destinations as of January 1, 2015. The recently launched the company airport and downtown branches enlarge the brands' existing network in some of the most important German destinations such as Berlin, Dusseldorf, Frankfurt, Cologne and Munich. Car rental customers in these cities can now benefit from a larger, modern fleet and attractive offers. Additionally new locations have been opened across popular German tourist destinations such as Dresden and Nuremberg.

Hertz Begins Layoffs at Dollar Thrifty Automotive Group Inc. in Tulsa

Hertz Corp. has begun issuing layoff notices to employees of Dollar Thrifty Automotive Group Inc.'s Tulsa headquarters. An undisclosed number of employees will be laid off and others will be moved to Hertz's new headquarters in Estero, Fla., in early 2015.

Dollar Thrifty Automotive Group Inc. Announces Expansion of its Brands in Europe

Dollar Thrifty Automotive Group Inc. announced the expansion of its Dollar Rent A Car and Thrifty Car Rental brands in Europe. Since February 2013, the company has opened 114 corporate locations in France, Spain and Luxembourg with 22 more scheduled to open in Spain in the coming weeks. Additionally, the Company re-acquired the Dollar and Thrifty brand rights from Benelux franchise partner, 24 Mobility, and will open nine locations in Belgium and the Netherlands under corporate ownership by the end of June 2013. Many of the new Dollar and Thrifty stores are located in key leisure destinations for European travelers. These include an in-terminal presence at the Charles de Gaulle (CDG), Orly (ORY) and Nice (NCE) airports in France as well as the Malaga (AGP) and Barcelona (BCN) airports in Spain. The company has plans for continued growth, through both corporate and franchise location openings, in additional European countries in the coming months. The latest openings bring the brands' totals to 335 Thrifty locations and 259 Dollar locations across Europe.

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