Dollar Thrifty reports lower 2nd-quarter earnings

Newswire

DETROIT, July 30 (Reuters) - Dollar Thrifty Automotive Group (DTG.N), one of the largest U.S. car rental companies, on Wednesday said second-quarter profits fell due to lower prices for used vehicles. The Tulsa, Oklahoma-based company, whose brands include Dollar Rent A Car and Thrifty Car Rental, said net income totaled $6.3 million, or 25 cents per diluted share, down from $17.5 million, or 70 cents per share, a year earlier. Revenue totaled $304 million, a slight increase from the ...

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