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Thread: Dollar/Thrifty may not make it through 2009

  1. #1
    Join Date
    Jul 2008
    Location
    NH
    Posts
    5,327

    Default Dollar/Thrifty may not make it through 2009

    an interesting article on Yahoo finance that listed 15 companies that "might" not make it through 2009

    http://finance.yahoo.com/news/15-Com...-14279875.html


    Dollar Thrifty Automotive Group. (DTG; about 7,000 employees; stock down 95%). This car-rental company is a small player compared to Enterprise, Hertz, and Avis Budget. It's also more reliant on leisure travelers, and therefore more susceptible to a downturn as consumers cut spending. Dollar Thrifty is also closely tied to Chrysler, which supplies 80 percent of its fleet. Moody's predicts that if Chrysler declares Chapter 11, Dollar Thrifty would suffer deeply as well.

  2. #2
    Join Date
    Aug 2008
    Location
    New Hampshire
    Posts
    768

    Default

    Note to self "Don't rent from these companies for our August trip."

    That's too bad. You hate to hear these things.
    Gail


    80 & 91 WDW OffSite; 10/95 DL Honeymoon; 4/00 & 5/01 DL Off Site; 12/02 WDW - ASMo;
    10/03 WDW - CSR; 5/05 WDW - ASMo; 2/07 WDW - SSR; 8/07 WDW - Pop - Me & DD;
    1/08 WDW - CBR - DH & Me; 8/09 WDW - THV & SSR; 08/11 WDW - Pop w/Free Dining

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