National Car Rental |
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Official Site: nationalcar.com
Wikipedia: National Car Rental Page Sections History Company Profile Article Index |
History
The following section is an excerpt from Wikipedia's National Car Rental page on 13 July 2020, text available via the Creative Commons Attribution-ShareAlike 3.0 Unported License.
National Car Rental is an American rental car agency based in Clayton, Missouri, United States. National is owned by Enterprise Holdings, along with other agencies including Enterprise Rent-A-Car, and Alamo Rent a Car.
National was founded by 24 independent rental car agents on August 27, 1947. It had grown from 60 locations in the United States in 1947 to over 2000 locations internationally as of 2005.
In 1987, Paine Webber, a historical American brokerage firm, gained majority ownership of National.
In 1995, National was owned by an investment group containing William Lobeck of Tulsa, Alvin Swanner of New Orleans, and Archer McWhorter of Houston. Lobeck was a former president of Chrysler's car rental unit and a former owner of Thrifty Rent A Car, a competitor of National. It was later sold in 1995 at an estimated price of $1 billion.
In 1996, National acquired the Canadian fleet and operations of Tilden Rent-a-Car.
In 1996, National was acquired by Republic Industries (later renamed AutoNation). AutoNation spun off its car rental properties as ANC Rental in 2000. ANC filed for bankruptcy a year later; its properties were sold to Vanguard Automotive Group (controlled by Cerberus Capital Management) in 2003. On August 1, 2007 Enterprise Rent-A-Car assumed control of Vanguard Automotive Group.
Company Profile
The following section is from a 2003 press release.
Headquartered in Fort Lauderdale, Florida, National Car Rental System, Inc. is a division of ANC Rental Corporation, one of the world's largest vehicle rental companies with more than 3,000 locations serving more than 65 countries. With on-site locations at over 250 major airports in the United States, National is the preferred rental choice for many business and leisure travelers. For more than 50 years, National's green logo has signified industry-leading service for customers.
| Date | Article | Author/Source |
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| 16 July 2003 | National Car Rental Combats Bounced Checks | NSF Check Retrieval Inc. |