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Home > Company Index > Diversified Services > Car & Truck Rental & Leasing > ANC Rental Corporation

ANC Rental Corporation
Nasdaq: ANCX
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 NEWS FROM THE WIRES
ANC posts Q2 loss, may sell part or all of company
Aug 02 2001 04:33 AM PDT

More WIRE STORIES about this company

 NEWS FROM THE STANDARD
Microsoft Antitrust Ruling May Open Options
Jul 06 2001 03:20 PM PDT

 PROFILE
ANC Rental fills the bill for temporary wheels. A spin-off of car retailer AutoNation, ANC is the world's third-largest publicly traded car rental company (after Hertz and Avis). Its operations include National Car Rental System, which primarily serves business travelers, and Alamo Rent A Car, which caters to leisure travelers. To gain a foothold in Europe, ANC acquired EuroDollar Holdings, the UK's #2 rental car company, in 1998 and folded its operations into National. ANC operates, licenses, or franchises more than 3,400 locations worldwide. General Motors is its principal supplier. ANC's insurance-replacement rental service, formerly CarTemps, now operates under the Alamo name.

 COMPETITION
Cendant Corporation (CD)
Enterprise Rent-A-Car (dossier)
The Hertz Corporation (dossier)

 DEALS
Deal: ANC Rental Collaborates With ProBusiness
Date Announced: 05.22.01
Value of transaction (US $Mil): Not Disclosed
Description: ANC Rental and ProBusiness, a Web-based payroll and tax processing provider, have partnered to allow ANC to outsource its payroll tax processing.

 STOCK ANALYSIS
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FURTHER ANALYSIS
• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 3,532.00
1-Yr. Sales Growth: (0.3)%
Employees: 20,000
Revenue per employee: $176,600.00

 KEY PEOPLE
• Michael S. Egan
    CEO
• Kathleen W. Hyle
    CFO

 CONTACT INFO
200 S. Andrews Ave.
Fort Lauderdale, FL 33301
US
Phone: 954-320-4000
Fax: 954-320-4077
Online: Web Site

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