Leaders of General Motors and Enterprise Holdings Discuss Future of Passenger Vehicle

Enterprise's Broughton: "GM advances technology upstream by developing and deploying sustainable innovations... Downstream, Enterprise uses its unique position to help introduce drivers to the newest innovations."


ST. LOUIS, MO--(Marketwire - Jun 4, 2012) - Today, Mark Reuss, President of General Motors North America, and Andrew C. Taylor, Chairman and Chief Executive Officer of Enterprise Holdings -- which owns and operates the Enterprise Rent-A-Car, National Car Rental and Alamo Rent A Car brands -- will meet in St. Louis for a panel discussion on sustainability and automotive transportation.

Lee Broughton, who heads up Enterprise Holdings' corporate sustainability initiative, offered a preview of this evening's event in his Driving Futures blog:

Upstream, Downstream... and How to Make Alternative-Powered Vehicles Mainstream

June is off to a great start for Enterprise. Not only are we moving forward into a strong summer travel season, we're also talking sustainability, new fuels and technologies and the future of the passenger vehicle with one of the world's leading companies -- and one of our longtime business partners.

As I mentioned in my earlier post, sustainability journalist Marc Gunther will moderate a discussion today between President of GM North America Mark Reuss and our CEO Andrew C. Taylor on the future of automotive transportation.

The conversation promises to be a lively exchange of views on what's driving advances in alternative fuels and vehicle technology from both ends of the automotive value chain: GM advances technology upstream by developing and deploying sustainable innovations such as improved combustion engines and electric vehicles. Downstream, Enterprise uses its unique position as the world's largest rental car company -- and purchaser of passenger vehicles -- to help introduce drivers to the newest innovations and give them a chance to prove their viability in the marketplace.

The event is hosted by the Donald Danforth Plant Science Center in St. Louis -- home to the Enterprise Rent-A-Car Institute for Renewable Fuels. I'll be lucky enough to be onsite at the Danforth Center for this rare meeting of the minds, but you can take part via a live, online stream of the event.

Look for an update on the event next week. I'll also share more details soon on Andy Taylor's "Making Value Chain Collaboration Work" keynote on Tuesday, June 26, at the Corporate Eco Forum.

About Enterprise Holdings
Founded in 1957, Enterprise Holdings is the most comprehensive service provider in the car rental industry, operating -- through its regional subsidiaries -- the Alamo Rent A Car and National Car Rental brands as well as its flagship Enterprise Rent-A-Car brand in North America. Enterprise Holdings' worldwide network includes more than 7,700 neighborhood and airport locations, with 6,000 offices located within 15 miles of 90 percent of the U.S. population -- and more than twice as many locations as Enterprise Holdings' nearest U.S. competitor. With annual revenues of $14.1 billion and more than 70,000 employees, Enterprise Holdings owns and operates more than 1.2 million cars and trucks, making it the largest car rental company in the world measured by revenue, employees and fleet. For more information about St. Louis-based Enterprise Holdings, visit www.enterpriseholdings.com. For more information about Enterprise Holdings' Corporate Sustainability Report or the company's environmental stewardship and long-term commitment to the sustainability of its business, visit www.DrivingFutures.com and follow @LeeBroughton on Twitter. This news release and other announcements are available at the Enterprise Holdings press room.

Contact Information:

For more information, contact:
Laura Bryant
Enterprise Holdings
314-512-4178