28th
June
2010
The Toyota Motor Corporation has lost a key courtroom battle in its case regarding out of control vehicles.
Product-liability lawyers won the right to have the manufacturer’s trade secrets revealed in litigation in the hearing over complaints relating to the over-speeding cars, with the presiding judge rejecting Toyota’s request for a ban on confidential information in pre-trial proceedings, thereby allowing disclosure to outside experts and consultants for the plaintiff. Toyota had requested that rival car makers be excluded from the information for confidentiality.
Toyota sought the exclusion to ensure that no proprietary information which could compromise the manufacturer’s competitive position by sealing [...]
posted in Car Rental |
28th
June
2010
Less people are buying in favour of hiring cars in the Emirates, bucking the downward trend of the global travel industry.
The British ‘staycation’ trend of 2009 has spread to the Middle East, where an increasing number of people are steering clear of buying new vehicles over job and financial security fears, leaving car rental companies happy to fill the driving void.
The stay at home vacation means that the car hire sector is one of a rare few that is booming while other travel industry areas continue to take punishment. In the last year, revenue from car rentals across the UAE [...]
posted in Car Rental |
28th
June
2010
Property website operator, Rightmove, has sold its holiday rental properties site, Holiday Lettings, to TripAdvisor, the travel website operator. The deal for the country’s largest independent holiday lettings site was announced last week and an undisclosed sum has been paid for the company. Rightmove is a subsidiary of travel giants Expedia.
In March 2007, Rightmove purchased a just over two-thirds stake in Holiday Lettings. It said recently that it intended to declare in its half-yearly report that the company is a discontinued operation.
By securing Holiday Lettings the TripAdvisor Media Group will increase its number of travel brands to 17. The website [...]
posted in Car Rental |
28th
June
2010
Car hire firms across the UAE have reported that business is being helped by an economic climate which is persuading people to stay at home rather than holiday abroad, and to rent vehicles rather than buy them. Where other areas of the travel sector seem to be suffering, car hire companies are actually showing growth. [...]
posted in Car Rental |
28th
June
2010
Troubled British Airways has announced that in order to cut costs it will be launching a new recruitment drive to attract lower-paid cabin crew. The move follows Unite’s announcement that it intends to ballot its members over further strike action. The airline said that newly recruited staff would be based at London Heathrow but would receive the same lower pay and benefits as those based at London Gatwick.
A spokesman for BA said that the move was part of an ongoing effort to make permanent reductions to the airline’s cost base. He pointed out that BA was making record losses and [...]
posted in Car Rental |