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The Enterprise Rent-A-Car Company is a privately held St. Louis,
Missouri based rental car company serving customers in the U.S., Canada,
Germany, Ireland, Puerto Rico and the U.K..They are also the owners of Vanguard
the operator of National car and truck Rental and Alamo rent a car in North
America. According to Auto Rental News, their 2006 (fiscal year ending July 31)
U.S. revenue was $9.04 billion with a fleet of approximately 878,000 vehicles.
The Detroit News reports that Enterprise currently purchases 7% of all new
automobiles sold in the United States. As of 2005, they had 5,399 "local market"
locations (91% of all transactions), and 419 "airport" locations (9% of all
transactions).
Enterprise Rent-A-Car is the largest rental car company in North America, and
has more than 6,900 offices. Enterprise is currently number 16 on the Forbes
“500 Largest Private Companies in America” list.
Enterprise is an extended family of 57,000; a world-class company with
homegrown roots. Through tremendous leadership and the entrepreneurial spirit of
our employees, we've built the largest rental car company in North America —
customer by customer, car by car from the ground up. But our goal has never been
to be the biggest; we simply work hard to be the best. Enterprise rent a car,
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A car rental, rent-a-car or car hire agency is a company that
rents automobiles for short periods of time (ranging from a few hours to a few
weeks) for a fee. It is an elaborate form of a rental shop, organized in
numerous local branches, primarily located near airports or busy city areas and
often complemented by a website allowing online reservations. There are also
third party websites (such as online travel agencies) which compare quotes from
the major car rental agencies.
Car rental agencies primarily serve people who have a car that is temporarily
out of reach or out of service, for example travellers who are out of town or
owners of damaged or destroyed vehicles who are awaiting repair or insurance
compensation. Because of the variety of sizes of their vehicles, car rental
agencies may also serve the self-moving industry needs, by renting vans or
trucks.
Car rentals are subject to many conditions which vary from one brand to another.
The vehicle must be returned in a good condition and must not exceed a maximum
driven distance, otherwise extra fees may be incurred. Additionally, some
companies set a minimum age for the vehicle driver, which in some cases is as
high as 25, even in countries where the minimum legal age to hold a driver's
license is much lower. Recent conditions have utilised GPS technology to limit
maximum speeds [1] or driving to specific regions. Renewable fuel vehicles are
available in certain areas.
The vast majority of car rental companies require the use of a Credit card to
make it easier for them to trace a person after they have stolen a car, or to
charge additional fees at will if a defect is later found with the car.
There are two major types of car hire companies. The first group of companies
own their own cars (known as a fleet) and may have agreements with car
manufacturers to provide all the cars for that fleet. An example of this type of
company would be Alamo or Europcar.
The other type of car hire company operate on a broker model and have commercial
agreements with car hire companies to provide access to their fleets of cars.
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