enterprise holdings, inc. for world travel symposium october 12, 2012 kim rodriguez, avp business...
TRANSCRIPT
Enterprise Holdings, Inc. For World Travel SymposiumOctober 12, 2012Kim Rodriguez, AVP Business Rental Development
Agenda
Company Overview
Our Fleet-The Advantages of Owning
Locations-Corporate owned & Franchises
About Our Company
$14.1 billion in annual revenue 1.2 million vehicles, the world’s largest fleet 7,700 worldwide neighborhood and airport
locations Ranked No. 15 on the Forbes Top 500
Private Companies in America Investment-grade car rental company
BBB+, Baa1
US Fleet Size
More Than All of Our MajorCompetitors Combined
Source: Auto Rental News – Fact Book 2012
Auto Rental News – “How is Car Rental Faring with Low Vehicle Supply, High Prices?”
“As the market adapts to an era of restricted supply, car rental companies hone the process of buying and selling cars to keep fleet costs in line.” Purchased vehicles (aka “risk”) since inception of our
company Benefits of successfully knowing how to purchase and
remarket risk vehicles
“The first quarter of 2013 might be the first time in a while we see a year-over-year decline in wholesale values,” says a source at Kelley Blue Book.
*As reported by Auto Rental News (July 2012 by Chris Brown)
Auto Rental News – “How is Car Rental Faring with Low Vehicle Supply, High Prices?”
“…new car costs for rental fleets aren’t expected to moderate. Expect higher costs in the midsize segment as popular models such as Ford Fusion, Nissan Altima, Chevrolet Malibu and Honda Accord get redesigns this year.”
“I’d rather turn away a few customers than have more cars than I know what to do with and have to discount them to sell them,” says an industry competitor The positive impact of our flexible fleet and many locations
*As reported by Auto Rental News (July 2012 by Chris Brown)
US Locations
More Than All of Our Major Competitors Combined
Source: Auto Rental News – Fact Book 2012
Franchises and Corporate Owned locations Standard Business Practices
All National or Enterprise locations in the United States and Canada participate in the rates (including Damage Waiver and Liability Protection) reflected in our corporate contracts
Service and standards control
Advantages of physical locations
The Enterprise network of corporate owned home city locations in the United States and Canada lend to cost savings
Thank You