Rental Car Oligopoly Increasing Profitability at Consumers' Expense

2014 has been a good year for the rental car industry. A recovering economy has meant more car rentals and more miles traveled by consumers. Volume alone isn’t responsible for the rental companies’ recent success, though. Each of the big three rental chains has been able to raise prices, thanks to the consolidation of an industry that they now collectively control 98% of.

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  • Kwik_Shift_Pro4X GM is dead to me. Until I rebuy a '96 Chevy Impala SS or '87 Buick Grand National.
  • MaintenanceCosts I was last in the RenCen way back in 2011, when a friend of mine got married there. Even at the time, the place seemed very underused.Footnote: I drove a GM product from Washington DC to that wedding and back. It did not get me any apparent special treatment.
  • Jeff I doubt most people care. Care more about their vehicles but after being a loyal gm customer for almost 50 years and having family members all the way back to my grandparents I no longer care. The last gm vehicle I owned was 2 years ago. To me gm can go into the dustbin of history.
  • Cprescott I'm surprised they didn't move to China. That is who bankrolled their bankruptcy bailout plan.
  • Analoggrotto You ask as if I should care. Well I don't. Any more questions?