May 19, 2011 - The competition among major U.S. rental car companies to be the market leader in the "value" segment continues to heat up. More than a year after its initial bid, Hertz announced a new proposal to acquire Dollar Thrifty Automotive Group. In this CreditMatters TV segment, Standard & Poor's Director Betsy Snyder discusses the proposal's credit implications for Hertz, Dollar Thrifty, and Avis Budget, why the U.S. car rental industry's performance is improving, and our thoughts on pending regulatory approval by the Federal Trade Commission.
