DBRS: Dollar Thrifty unchanged

DBRS said that the ratings of Dollar Thrifty Automotive Group, Inc., including its issuer rating of B (high), are unaffected following the announcement of 2Q12 results. The trend remains positive.

In a slowing economic environment, Dollar Thrifty reported record second-quarter profits reflecting the benefits of the company's focus on profitable transaction channels, sound fleet management and management's focus on cost containment initiatives, all of which were aided by a strong used vehicle market, the agency noted.

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