ANC Rental Corporation takes its name from its three hire firms - Alamo Rent-A-Car, National Car Rental, and CarTemps (a US-based operation) - and will be based in Fort Lauderdale, Florida. Its flotation follows an August announcement by AutoNation, formerly known as Republic Industries, that: 'The board is exploring various strategic alternatives regarding the form of separation'.
John Leigh, senior vice-president UK, ANC Rental Corporation, said the changes applied only to the company's holding company and would not affect any of the customer-facing parts of the business that will continue to trade under the National and Alamo brands. But he added that as a publicly-quoted company whose core business was daily rental, ANC Rental Corporation would be focused on expansion and brand development, particularly in continental Europe, but also the UK.
Leave a comment for your chance to win £20 of John Lewis vouchers.
Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!
Login to comment
Comments
No comments have been made yet.