Hire-car demand falls in Chch
Christchurch rental car; firms may be alone in experiencing a slump in demand. for private hire. The general manager of Tasman Hertz Rent-a-Car: (Mr B. T. Batie) said that re-i marks by a representative of| the company printed in "The! Press” on Monday, could only apply to Christchurch. The company had noticed’ a fall in demand about the time of the strikes at Christ-1 church Airport, said Mr Batie.
But the demand for the! commercial sector had in-1 1 creased. Companies were I probably influenced by the ■ high capital cost of replacing : motor-vehicles and had! ; turned to rental ones, he said, j I Mr Batie said that the! average replacement cost for a car was $B5OO, compared i with about $7500 last year. 'Other firms had apparently decided to rent more cars to (conserve capital.
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Press, 16 May 1979, Page 2
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140Hire-car demand falls in Chch Press, 16 May 1979, Page 2
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