Fleet News

ANC floats on Nasdaq

CAR rental companies National Car Rental, Alamo and Car Temps USA have floated on the United States Nasdaq Stock Market under the ANC Rental Corporation name.

The new ownership structure follows the spin-off of ANC Rental Corporation from AutoNation, America's largest dealer group with more than 400 new vehicle franchises.

AutoNation shareholders received one ANC Rental Corporation share for every eight AutoNation shares they owned on June 16. Last year ANC Rental Corporation had an average global daily fleet of 339,000 vehicles and an annual revenue of $3.5 billion. (August 2000)

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.

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee