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BUSINESS
May 14, 1998
Industry giant Enterprise Rent-A-Car Co. is suing Owings Mills-based Rent-A-Wreck of America for trademark infringement, claiming the smaller company is using a slogan that is a registered Enterprise trademark: "We'll pick you up."Rent-A-Wreck advertises on the radio that it will shuttle customers to various locations with the phrase, "and of course, they'll pick you up."Enterprise asked a federal judge in Missouri to order Rent-A-Wreck to stop using the phrase, pay Enterprise part of its profits and destroy all the ads.Rent-A-Wreck says the 25-year-old company collected customers and drove them to its rental locations for years before the advertising dispute surfaced, and claims the case is a bid to put it out of business.
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BUSINESS
By JAY HANCOCK | November 16, 2007
Soon after Bethesda car dealer Jack Fitzgerald bought what was left of Rent A Wreck of America, he kicked its founding franchisee off the company's Web site, just to "see how high he jumps." "Mr. Fitzgerald is a very charming guy and he's a great salesman, but he's a very, very competitive person - beyond competitive," says founder David Schwartz, who has sued the company and Fitzgerald to get reinstated. "Me, I'm a win-win guy. I'm not trying to beat up on anyone." "He's got more bull---- in him than an Irishman who's kissed the Blarney Stone," responds Fitzgerald.
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BUSINESS
By Michael Dresser and Michael Dresser,Sun Staff Writer | June 30, 1995
Owings Mills-based Rent-A-Wreck of America Inc. reported yesterday that fiscal 1995 was a bang-up year during which it stemmed a flow of red ink by severely cutting its costs.The franchised chain of used auto rental agencies earned $383,214, or 6 cents a share, during the 12 months ended March 31. That compared with a loss of $235,647, or 10 cents a share, in fiscal 1994.The company's revenues actually decreased, to $3 million this year from $3.2 million in 1994. But it cut back its expenses from $3.5 million to $2.7 million, more than enough to make up for the revenue drop.
BUSINESS
By Stephanie Newton and Stephanie Newton,Sun reporter | June 23, 2007
Rent-A-Wreck of America Inc., the national car rental franchiser based in Laurel, has been awarded more than $853,000 in damages against an investor who was found to have fraudulently induced Rent-A-Wreck into selling the company to him in 2005. A Montgomery County jury found that San Diego Car Rentals Inc. and its president, Thomas Gruber, committed breach of contract and fraud. Rent-A-Wreck agreed to be acquired by Gruber's company in October 2005 but broke off the deal, according to its lawsuit, after it discovered that Gruber had exaggerated his net worth.
NEWS
BY A SUN STAFF WRITER | July 8, 2004
An Owings Mills businessman has been indicted on a charge of first-degree assault in an incident last month, court records show. Kenneth Lester Blum Jr., president of the Rent-A-Wreck car rental company, is also charged in the indictment, issued Tuesday by a Baltimore County grand jury, with the use of a handgun in the commission of a felony and the use of a handgun in the commission of a crime of violence, according to documents filed in Baltimore County...
BUSINESS
By Suzanne Wooton and Suzanne Wooton,Staff Writer | July 8, 1993
Owings Mills businessman Kenneth L. Blum has been named chairman of Rent-A-Wreck, the car rental company that leases used cars largely to customers who don't want to pay higher corporate rates.The Los Angeles-based company announced yesterday that Mr. Blum's management consulting firm was given a five-year contract to operate Rent-A-Wreck. The principal compensation will be a five-year option to purchase 2.25 million common shares at $1 each if designated earnings and stock prices are reached.
BUSINESS
By Ted Shelsby and Ted Shelsby,Staff Writer | October 15, 1993
Rent-A-Wreck of America Inc., the discount used-car rental company, opened a franchise in Towson yesterday and announced plans to shift its corporate headquarters to Owings Mills from Los Angeles.The outlet, on York Road near the Beltway, is owned by Kenneth L. Blum, an Owings Mills businessman who was named chairman and chief executive of Rent-A-Wreck in July. It will also serve as the company's test market for new services, such as a new 18-passenger van, limousines and pickup trucks, said Gene Blum, a company spokesman and brother of the chairman.
BUSINESS
By JAY HANCOCK | November 16, 2007
Soon after Bethesda car dealer Jack Fitzgerald bought what was left of Rent A Wreck of America, he kicked its founding franchisee off the company's Web site, just to "see how high he jumps." "Mr. Fitzgerald is a very charming guy and he's a great salesman, but he's a very, very competitive person - beyond competitive," says founder David Schwartz, who has sued the company and Fitzgerald to get reinstated. "Me, I'm a win-win guy. I'm not trying to beat up on anyone." "He's got more bull---- in him than an Irishman who's kissed the Blarney Stone," responds Fitzgerald.
BUSINESS
By Stephanie Newton and Stephanie Newton,Sun reporter | June 23, 2007
Rent-A-Wreck of America Inc., the national car rental franchiser based in Laurel, has been awarded more than $853,000 in damages against an investor who was found to have fraudulently induced Rent-A-Wreck into selling the company to him in 2005. A Montgomery County jury found that San Diego Car Rentals Inc. and its president, Thomas Gruber, committed breach of contract and fraud. Rent-A-Wreck agreed to be acquired by Gruber's company in October 2005 but broke off the deal, according to its lawsuit, after it discovered that Gruber had exaggerated his net worth.
BUSINESS
August 18, 1998
Rent-A-Wreck of America Inc.Ticker ................ Yesterday'sSymbol ................ Cls. .... Chg.RAWA ................. $1.0625 .. UNCHPeriod endedJune 30 ......... 1st qtr. ..... Year ago ..... Chg.Revenue ......... $1,286 ....... $1,127 ....... +14.1%Net Income ...... $167 ......... $133 ......... +25.6%Primary EPS ..... $0.03 ........ $0.02 ........ +50%Figures in thousands (except per share data).Pub Date: 8/18/98
NEWS
BY A SUN STAFF WRITER | July 8, 2004
An Owings Mills businessman has been indicted on a charge of first-degree assault in an incident last month, court records show. Kenneth Lester Blum Jr., president of the Rent-A-Wreck car rental company, is also charged in the indictment, issued Tuesday by a Baltimore County grand jury, with the use of a handgun in the commission of a felony and the use of a handgun in the commission of a crime of violence, according to documents filed in Baltimore County...
BUSINESS
By Shanon D. Murray and Shanon D. Murray,SUN STAFF | September 28, 1998
A few months ago, Rent-A-Wreck of America played the starring role in an off-beat drama featuring a competitor that sued it for trademark infringement.Today, the Owings Mills-based rental car company will return to center stage when its president serves as a witness in a lawsuit Enterprise Rent-A-Car Co. recently filed against Hertz Corp. in a similar case.Kenneth L. Blum Jr., Rent-A-Wreck president, said the whole scenario has become a comedy of sorts -- bizarre and laughable.At issue is the use of the phrase, "we'll pick you up," in advertisements by rental car companies.
BUSINESS
August 18, 1998
Rent-A-Wreck of America Inc.Ticker ................ Yesterday'sSymbol ................ Cls. .... Chg.RAWA ................. $1.0625 .. UNCHPeriod endedJune 30 ......... 1st qtr. ..... Year ago ..... Chg.Revenue ......... $1,286 ....... $1,127 ....... +14.1%Net Income ...... $167 ......... $133 ......... +25.6%Primary EPS ..... $0.03 ........ $0.02 ........ +50%Figures in thousands (except per share data).Pub Date: 8/18/98
BUSINESS
May 14, 1998
Industry giant Enterprise Rent-A-Car Co. is suing Owings Mills-based Rent-A-Wreck of America for trademark infringement, claiming the smaller company is using a slogan that is a registered Enterprise trademark: "We'll pick you up."Rent-A-Wreck advertises on the radio that it will shuttle customers to various locations with the phrase, "and of course, they'll pick you up."Enterprise asked a federal judge in Missouri to order Rent-A-Wreck to stop using the phrase, pay Enterprise part of its profits and destroy all the ads.Rent-A-Wreck says the 25-year-old company collected customers and drove them to its rental locations for years before the advertising dispute surfaced, and claims the case is a bid to put it out of business.
BUSINESS
April 10, 1996
Rent-A-Wreck rewards its turnaround teamRent-A-Wreck of America Inc., the Owings Mills-based used car rental company, has taken a financial U-turn to better times and its top management is going along for the ride.In the three years since Rent-A-Wreck brought in new management, its operations have gone from $400,000 in the red to $500,000 in the black.Due to this success, the company's board of directors said yesterday that it is extending by five years its management agreement with the father-and-son team of K.A.B.
BUSINESS
By Michael Dresser and Michael Dresser,Sun Staff Writer | June 30, 1995
Owings Mills-based Rent-A-Wreck of America Inc. reported yesterday that fiscal 1995 was a bang-up year during which it stemmed a flow of red ink by severely cutting its costs.The franchised chain of used auto rental agencies earned $383,214, or 6 cents a share, during the 12 months ended March 31. That compared with a loss of $235,647, or 10 cents a share, in fiscal 1994.The company's revenues actually decreased, to $3 million this year from $3.2 million in 1994. But it cut back its expenses from $3.5 million to $2.7 million, more than enough to make up for the revenue drop.
BUSINESS
April 10, 1996
Rent-A-Wreck rewards its turnaround teamRent-A-Wreck of America Inc., the Owings Mills-based used car rental company, has taken a financial U-turn to better times and its top management is going along for the ride.In the three years since Rent-A-Wreck brought in new management, its operations have gone from $400,000 in the red to $500,000 in the black.Due to this success, the company's board of directors said yesterday that it is extending by five years its management agreement with the father-and-son team of K.A.B.
BUSINESS
By Shanon D. Murray and Shanon D. Murray,SUN STAFF | September 28, 1998
A few months ago, Rent-A-Wreck of America played the starring role in an off-beat drama featuring a competitor that sued it for trademark infringement.Today, the Owings Mills-based rental car company will return to center stage when its president serves as a witness in a lawsuit Enterprise Rent-A-Car Co. recently filed against Hertz Corp. in a similar case.Kenneth L. Blum Jr., Rent-A-Wreck president, said the whole scenario has become a comedy of sorts -- bizarre and laughable.At issue is the use of the phrase, "we'll pick you up," in advertisements by rental car companies.
BUSINESS
By Ted Shelsby and Ted Shelsby,Staff Writer | November 22, 1993
He drives a Rolls-Royce, although he has any number of good used cars at his disposal.He has a fancy for expensive suits, monogrammed shirts and gold cuff links the size of quarters.Kenneth L. Blum has come a long way -- a very long way -- since the days he sold lollipops to beachcombers at Coney Island and shined shoes to help put food on the family dinner table during the Great Depression.Despite these tough beginnings, the energetic 67-year-old Baltimore business executive who was recently elected chairman and chief executive of Rent-A-Wreck of America Inc., the used car rental company, insists: "It's been a great life, it really has."
BUSINESS
By Ted Shelsby and Ted Shelsby,Staff Writer | October 15, 1993
Rent-A-Wreck of America Inc., the discount used-car rental company, opened a franchise in Towson yesterday and announced plans to shift its corporate headquarters to Owings Mills from Los Angeles.The outlet, on York Road near the Beltway, is owned by Kenneth L. Blum, an Owings Mills businessman who was named chairman and chief executive of Rent-A-Wreck in July. It will also serve as the company's test market for new services, such as a new 18-passenger van, limousines and pickup trucks, said Gene Blum, a company spokesman and brother of the chairman.
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