Dollar Thrifty Automotive Group, Inc. : Dollar Thrifty Automotive Group Improves Fleet Fuel Efficiency and Anticipates Significant Cost Savings for Customers
04/02/2012| 09:35am US/Eastern
TULSA, Okla., April 2, 2012 /PRNewswire/ -- Dollar Thrifty Automotive Group, Inc. (NYSE: DTG) today announced that it anticipates significant cost savings for its customers based on the improved fuel efficiency of the rental cars in the Company's 2012 fleet purchase. As a part of the latest fleet purchase, 67 percent of the vehicles have a highway fuel-efficiency rating of 30 miles per gallon (mpg) or better. Additionally, 98 percent of Dollar Thrifty's general car models achieve 28 highway mpg or better.
"With escalating gas prices and the increasing burden on travelers, Dollar Thrifty maintains its commitment to delivering value by continuing to purchase vehicles with improved fuel efficiencies," said Scott Thompson, President and CEO, Chairman of the Board. "Our diversified fleet of 2012 models not only aligns with our fiduciary duties as an environmental steward, it significantly enhances our value offering to our customers."
With the improved fuel economy of Dollar Thrifty's rental cars, customers can expect substantial cost savings. Based on the number of miles customers typically drive Dollar and Thrifty rental cars per year and given a $4.00 per gallon gas price, renters will realize approximately $24 million in gas savings as a result of the fleet's fuel economy improvements with the 2012 fleet purchase compared to the 2011 purchase.
Among the environmentally-friendly and fuel-efficient vehicles in Dollar Thrifty's 2012 fleet purchase is the Kia Rio which has a highway mpg rating of 40 and received the U.S. EPA SmartWay Certification Mark for its low greenhouse gas emissions and minimal air pollution. Also prominent in the fleet are the popular Ford Focus Sedan and Hatchback, both of which achieve 38 highway mpg, and the Nissan Versa which also receives 38 highway mpg.
About Dollar Thrifty Automotive Group, Inc.
Through its Dollar Rent A Car and Thrifty Car Rental brands, the Company has been serving value-conscious leisure and business travelers since 1950. The Company maintains a strong presence in domestic leisure travel in virtually all of the top U.S. and Canadian airport markets, and also derives a significant portion of its revenue from international travelers to the U.S. under contracts with various international tour operators. Dollar and Thrifty have approximately 280 corporate locations in the United States and Canada, with approximately 5,900 employees located mainly in North America. In addition to its corporate operations, the Company maintains global service capabilities through an expansive franchise network of approximately 1,300 franchises in 82 countries. For additional information, visit www.dtag.com or the brand sites at www.dollar.com and www.thrifty.com.
SOURCE Dollar Thrifty Automotive Group, Inc.