11-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 11-K

x	ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
	For the fiscal year ended December 31, 2006

OR

o	TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
	For the transition period from ___________ to ___________

Commission file number 1-13647

   A. Full title of the plan and the address of the plan, if different from that of the issuer named below:

DOLLAR THRIFTY AUTOMOTIVE GROUP, INC.
RETIREMENT SAVINGS PLAN

   B. Name of issuer of the securities held pursuant to the plan and the address of its principal executive office:

DOLLAR THRIFTY AUTOMOTIVE GROUP, INC.
5330 East 31st Street
Tulsa, Oklahoma 74135

REQUIRED INFORMATION

The following financial statements for the Dollar Thrifty Automotive Group, Inc. Retirement Savings Plan (the “Plan”) are included herein:

1.     An audited statement of net assets available for benefits as of the end of each of the fiscal years ended December 31, 2006 and 2005.

2.     An audited statement of changes in net assets available for benefits for the fiscal year ended December 31, 2006.

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DOLLAR THRIFTY AUTOMOTIVE GROUP, INC.

RETIREMENT SAVINGS PLAN

TABLE OF CONTENTS

Page    

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM—TULLIUS
   TAYLOR SARTAIN & SARTAIN LLP  
4

FINANCIAL STATEMENTS AS OF DECEMBER 31, 2006 AND 2005 AND FOR THE &
   YEAR ENDED DECEMBER 31, 2006:

Statements of Net Assets Available for Benefits		5
Statement of Changes in Net Assets Available for Benefits		6
Notes to Financial Statements	7 - 11

SUPPLEMENTAL SCHEDULE AS OF DECEMBER 31, 2006:
	Schedule H Line 4i - Schedule of Assets (Held at End of Year)	12
SIGNATURES		13
INDEX TO EXHIBITS		14

   NOTE:    The accompanying financial statements have been prepared for the purpose of filing with the United States Department of Labor’s Form 5500. Supplemental schedules required by 29 CFR 2520.103-10 of the United States Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974, other than the schedule listed above, are omitted because of absence of the conditions under which they are required.

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REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To Dollar Thrifty Automotive Group, Inc.

Retirement Savings Plan

We have audited the accompanying statements of net assets available for benefits of Dollar Thrifty Automotive Group, Inc. Retirement Savings Plan (the Plan) as of December 31, 2006 and 2005, and the related statement of changes in net assets available for benefits for the year ended December 31, 2006. These financial statements are the responsibility of the Plan's management. Our responsibility is to express an opinion on these financial statements based on our audits.

We conducted our audits in accordance with auditing standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly, in all material respects, the net assets available for benefits of the Plan as of December 31, 2006 and 2005, and the changes in net assets available for benefits for the year ended December 31, 2006 in conformity with accounting principles generally accepted in the United States of America.

Our audits were made for the purpose of forming an opinion on the basic financial statements taken as a whole. The supplemental Schedule of Assets (Held at End of Year) as of December 31, 2006, is presented for the purpose of additional analysis and is not a required part of the basic financial statements, but is supplementary information required by the United States Department of Labor's Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. This supplemental schedule is the responsibility of the Plan's management. The supplemental schedule has been subjected to the auditing procedures applied in the audits of the basic financial statements and, in our opinion, is fairly stated in all material respects in relation to the basic financial statements taken as a whole.

/s/ TULLIUS TAYLOR SARTAIN & SARTAIN LLP

Tulsa, Oklahoma

June 25, 2007

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DOLLAR THRIFTY AUTOMOTIVE GROUP, INC.
RETIREMENT SAVINGS PLAN

STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS

DECEMBER 31, 2006 AND 2005

ASSETS		2006		2005
CASH		$	62,134	$	-
INVESTMENTS, at fair value			108,805,191		89,505,876
RECEIVABLES:
	Contributions receivable - employers		170,972		157,035
	Contributions receivable - participants		240,051		241,168
	Accrued investment income		73,157		44,618
	Due from brokers for securities sold		12,784		98,481
	Total receivables		496,964		541,302
TOTAL ASSETS			109,364,289		90,047,178
LIABILITIES:
	Due to brokers for securities purchased		72,253		88,471
NET ASSETS AVAILABLE FOR BENEFITS		$	109,292,036	$	89,958,707

See notes to financial statements.

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DOLLAR THRIFTY AUTOMOTIVE GROUP, INC.
RETIREMENT SAVINGS PLAN

STATEMENT OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS

YEAR ENDED DECEMBER 31, 2006

ADDITIONS TO NET ASSETS:
	Contributions:
		Participants		$	8,895,106
		Employers			6,088,614
		Rollovers			815,479
					15,799,199
	Investment income:
		Net appreciation in fair value of investments			10,733,133
		Interest and dividends			1,823,938
					12,557,071
			Total additions		28,356,270
DEDUCTIONS FROM NET ASSETS:
	Distributions to participants				8,826,596
	Administrative expenses				196,345
			Total deductions		9,022,941
NET INCREASE					19,333,329
NET ASSETS AVAILABLE FOR BENEFITS:
	Beginning of year				89,958,707
	End of year			$	109,292,036

See notes to financial statements.

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DOLLAR THRIFTY AUTOMOTIVE GROUP, INC.

RETIREMENT SAVINGS PLAN

NOTES TO FINANCIAL STATEMENTS

AS OF DECEMBER 31, 2006 AND 2005, AND FOR THE YEAR ENDED DECEMBER 31, 2006

1. PLAN DESCRIPTION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The Dollar Thrifty Automotive Group, Inc. Retirement Savings Plan (the “Plan”) is a defined contribution plan established for the benefit of eligible employees of Dollar Thrifty Automotive Group, Inc. (“DTG”), DTG Operations, Inc. and subsidiaries, Thrifty, Inc. and subsidiaries, and Dollar Rent A Car, Inc. (collectively, the “Companies” or the “Employers”). All employees of the Companies (except for employees of foreign subsidiaries, nonresident alien employees, and members of any collective bargaining units) who have attained the age of 21 or older are generally eligible to participate in the Plan. A Plan participant can immediately begin to contribute to the Plan; however, a participant does not become eligible to receive the Employers' matching contribution until completion of one year of service. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”).

The following description of the Plan is provided for general information purposes only. Participants should refer to the Plan’s Summary Plan Description or the Plan Agreement for a more complete description of the Plan’s provisions. The terms used herein are as defined in the Plan document.

Basis of Presentation - The accompanying financial statements have been prepared on the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America. Bank of Oklahoma, N.A. (“Bank of Oklahoma” or the “Trustee”) holds and manages the assets of the Plan, maintains participant account records and makes distributions to Plan participants.

Participant Contributions - Participants may make pre-tax contributions and after-tax Roth elective contributions, through payroll deductions, from 1% to 100% of their annual compensation, as defined in the Plan document and subject to statutory limits. Participants may direct the investment of all contributions in one or more investment funds.

Employers’ Contributions - For each Plan year, the Employers contribute to the Plan matching contributions determined by the Employers at their discretion. In 2006, the Employers generally matched up to 6% of the employees’ eligible compensation in cash.

Participant Accounts - Each participant’s account is credited with the participant’s contribution, the Employers’ matching contribution and an allocation of the Plan’s earnings and expenses based on units of participation, as defined in the Plan document. The benefit to which a participant is entitled is the vested portion of the amount credited to the participant’s account.

Vesting – Participants are fully vested immediately in their voluntary contributions to their accounts plus actual earnings thereon. Beginning January 1, 2003, as part of the implementation of a “safe harbor contribution,” participants immediately vest in 100% of the Employers’ contributions made after January 1, 2003. The Employers' contributions to participant accounts contributed prior to January 1, 2003, vest at a rate of 20% for each completed year of service. Upon retirement, death or disability, participants become fully vested in their accounts.

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Withdrawals, Loans and Benefit Payments - Participants may withdraw amounts from the vested portion of their accounts (excluding earnings and Roth contributions) for purposes that qualify as hardships under Section 401(k) of the Internal Revenue Code (the “Code”). Hardship withdrawals may not exceed the actual expense incurred or to be incurred by the participant on account of such hardship.

Participants may request an in-service withdrawal of any or all vested account balances (excluding Roth contributions) upon reaching 65 years of age, any or all of the Employers' discretionary contribution (excluding safe harbor contributions) after participating in the Plan for five years and any or all of a rollover contribution at any time.

Participants may obtain loans for a minimum of $1,000 from their accounts (excluding Roth contributions), subject to limitations as defined in the Plan document. Participant loans are evidenced by promissory notes, bear interest and are accounted for as investments by the Plan.

Upon termination of service, a participant is entitled to receive a lump-sum distribution to the participant or elect a direct rollover to an Individual Retirement Account (“IRA”) or another qualified plan for the benefit of the participant equal to the value of the vested portion of the participant’s account. Terminated participants, with vested account balances in excess of $5,000, may also elect to maintain their vested account balances within the Plan (no additional contributions are permitted) until retirement age is reached. If a participant with a balance less than $5,000, but more that $1,000, fails to elect to either take the funds in cash or to roll over the funds to another plan, the balance is rolled over to an IRA for the benefit of the participant. If the balance is less than $1,000, and the participant fails to make an election, the balance is paid in cash to the participant.

Benefits are recorded when paid.

Forfeitures - Participants terminating employment prior to full vesting forfeit the nonvested portion of the Employers’ matching contributions. Such forfeitures are applied to reduce subsequent contributions from the Employers or to reduce the Plan’s administrative expenses. At December 31, 2006 and 2005, $10,300 and $35,899, respectively, of investments at fair value in the statements of net assets available for benefits represented unallocated forfeitures. Such amounts are invested in the American Performance Cash Management Fund.

Investment Valuation and Income Recognition - The Plan’s investments are stated at fair value. Shares of registered investment companies are valued at quoted market prices which represent the net asset value of shares held by the Plan at year-end. Participant notes receivable are stated at amortized loan amounts. Receivable balances determined uncollectible are ultimately charged back to the individual participants as deemed distributions, which historically have not been significant.

Purchases and sales of securities are recorded on a trade-date basis. Interest income is recorded on the accrual basis. Dividends are recorded on the ex-dividend date.

Investment Options - Based on the various investment fund prospectuses, participants can invest their contributions, Employers’ matching contributions and rollovers in whole percentages among several diversified investment options offered through Bank of Oklahoma. Effective February 1, 2006, the Dollar Thrifty Automotive Group, Inc. Stock Fund is no longer offered as an investment option under the Plan for future contributions or transfers.

Plan Administration Costs - Plan administration costs are borne by the Plan and are allocated to participants’ accounts. In 2006, the Plan paid $196,345 in administrative expenses, with $35,899 from unallocated forfeitures.

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Use of Estimates - The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of net assets available for benefits and changes therein. Actual results could differ from those estimates.

New Accounting Pronouncement - On December 29, 2005, the Financial Accounting Standards Board (FASB) issued FASB Staff Position (FSP) AAG INV-1 and Statement of Position (SOP) 94-4-1, Reporting of Fully Benefit-Responsive Investment Contracts Held by Certain Investment Companies Subject to the AICPA Investment Company Guide and Defined-Contribution Health and Welfare and Pension Plans (“FSP AAG INV-1” and “SOP 94-4-1”), which revised the definition of fully benefit-responsive and the presentation and disclosure of fully benefit-responsive investment contracts in SOP 94-4.   The adoption of FSP AAG INV-1 and SOP 94-4-1 did not have a material impact on the Plan’s net assets available for benefits or changes in net assets available for benefits as the Plan currently does not hold these types of investments.

2. INVESTMENTS

The following table presents the fair value of investments that represent five percent or more of the Plan’s net assets:

		December 31, 2006				December 31, 2005
			Units, Shares				Units, Shares
			or Principal		Fair		or Principal		Fair
			Amount		Value		Amount		Value
	Vanguard Institutional Index Fund		136,378	$	17,673,240		130,703	$	14,901,473
	Dodge & Cox Stock Fund		92,852		14,249,102		38,736		5,315,327
	Dodge & Cox Balanced Fund		149,695		13,035,433		130,997		10,655,284
*	Dollar Thrifty Automotive Group, Inc. Stock Fund		264,236		12,051,804		326,885		11,790,742
	T. Rowe Price New Horizons Fund		336,801		10,875,317		304,373		9,660,791
	Vanguard Prime Money Market Institutional Fund		9,709,863		9,709,863		**		**
	American Funds EuroPacific Growth Fund		199,310		9,279,866		139,197		5,719,624
	TCW Galileo Select Equities I Fund		327,007		6,245,830		**		**
	Dreyfus Appreciation Fund		**		**		229,592		9,126,295
	SEI Prime Obligation Cash Fund		**		**		8,369,386		8,369,386
	SEI Bond Index Fund		**		**		447,876		4,680,304
*	Participant loans		**		**		4,634,972		4,634,972
*	Party-in-interest to the Plan
**	Did not represent 5% or more of the Plan's net assets at the date indicated

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During the year ended December 31, 2006, the Plan’s investments (including investments bought, sold, and held during the year) appreciated in fair value as determined by market quotes as follows:

		Year Ended December 31, 2006
Registered investment companies		$	7,848,564
DTG common stock			2,884,569
	Net appreciation in fair value of investments	$	10,733,133

The Plan utilizes various investment instruments. Investment securities, in general, are exposed to various risks, such as interest rate, credit, and overall market volatility. Due to the level of risk associated with certain investment securities, it is reasonably possible that changes in the values of investment securities will occur in the near term and that such changes could materially affect the amounts reported in the statements of net assets available for benefits.

3. TAX STATUS

The Plan obtained its latest determination letter on February 20, 2003, in which the Internal Revenue Service (“IRS”) stated that the Plan, as then designed, was in compliance with the applicable requirements of the Code. The Plan administrator and the Plan’s tax counsel believe that the Plan is currently designed and being operated in compliance with the applicable requirements of the Code. As such, they believe the Plan is qualified and the related trust is tax exempt; therefore, no provision for income taxes has been included in the Plan’s financial statements.

The portion of a participant’s compensation contributed to the Plan as a pre-tax contribution and the Employers’ matching contribution are generally not subject to Federal income tax when such contributions are credited to participant accounts. These amounts and any investment earnings may be included in the participant’s gross taxable income for the year in which such amounts are withdrawn from the Plan.

4. PLAN TERMINATION

Although they have not expressed any intent to do so, the Employers have the right under the Plan Agreement to discontinue their contributions at any time and terminate the Plan subject to provisions of the Plan and ERISA. In the event of Plan termination, Plan funds would be used solely for the benefit of the participants and their beneficiaries, as prescribed by law.

5. PLAN AMENDMENTS

Effective February 1, 2006, the Dollar Thrifty Automotive Group, Inc. Stock Fund is no longer available as an investment option under the Plan. In conjunction with this amendment, effective January 1, 2006, employer contributions are made 100% in cash rather than 50% in cash and 50% in company stock.

Effective March 1, 2006, participants could begin making after-tax Roth elective contributions to the Plan through payroll deductions. These contributions are generally treated in the same manner as participants’ pre-tax elective contributions, but may not be withdrawn as part of a loan or an in-service or hardship distribution.

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6. RELATED PARTY TRANSACTIONS

Certain Plan investments are units of a cash and cash equivalents fund managed by Bank of Oklahoma, N.A., the trustee of the Plan, and, therefore, these transactions qualify as party-in-interest transactions. For the year ended December 31, 2006, the Plan paid fees totaling $196,345 to Bank of Oklahoma, N.A. for trustee and recordkeeping services.

******

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DOLLAR THRIFTY AUTOMOTIVE GROUP, INC.
RETIREMENT SAVINGS PLAN

SCHEDULE H, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)

AS OF DECEMBER 31, 2006

(a)	(b) Identity of Issuer, Borrower, Lessor or Similar Party	(c) Description of Investment Including Maturity Date, Rate of Interest, Collateral, Par or Maturity Value	(d)       Cost (1)		(e) Current Value
*	Bank of Oklahoma, N.A.	American Performance Cash Management Fund,   235,355 units			$	235,355
	Vanguard Group	Vanguard Institutional Index Fund, 136,378 units				17,673,240
	Vanguard Group	Vanguard Target Retirement 2005 Fund, 1,237 units				14,187
	Vanguard Group	Vanguard Target Retirement 2010 Fund, 2,328 units				50,835
	Vanguard Group	Vanguard Target Retirement 2015 Fund, 1,860 units				23,180
	Vanguard Group	Vanguard Target Retirement 2020 Fund, 3,523 units				78,214
	Vanguard Group	Vanguard Target Retirement 2025 Fund, 5,593 units				72,931
	Vanguard Group	Vanguard Target Retirement 2030 Fund, 4,445 units				100,193
	Vanguard Group	Vanguard Target Retirement 2035 Fund, 881 units				12,213
	Vanguard Group	Vanguard Target Retirement 2040 Fund, 158 units				3,551
	Vanguard Group	Vanguard Target Retirement 2045 Fund, 2,793 units				39,992
	Vanguard Group	Vanguard Target Retirement 2050 Fund, 730 units				16,447
	Vanguard Group	Vanguard Prime Money Market Institutional Fund,    9,709,863 units				9,709,863
	Western Asset Management Company	Western Asset Core Plus Bond Institutinal Fund,    505,897 units				5,332,155
	T. Rowe Price Investment Services, Inc.	T. Rowe Price New Horizons Fund, 336,801 units				10,875,317
	American Funds Distributors, Inc.	American Funds EuroPacific Growth Fund, 199,310 units				9,279,866
*	Dollar Thrifty Automotive Group, Inc.	Dollar Thrifty Automotive Group, Inc. Stock Fund,   264,236 shares				12,051,804
	Dodge & Cox	Dodge & Cox Balanced Fund, 149,695 units				13,035,433
	Dodge & Cox	Dodge & Cox Stock Fund, 92,852 units				14,249,102
	AMR Investment Services	American Beacon Small Cap Value Fund, 199,513 units				4,315,457
	TCW Group	TCW Galileo Select Equities I Fund, 327,007 units				6,245,830
*	Participant loans	Various maturity dates through November 2021 with rates   ranging from 3.4% to 9.1%		-		5,390,026
Total investments					$	108,805,191

* Issuer is a party-in-interest to the Plan.

(1)  Column (d) cost information is not presented as all investments are participant-directed.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the 401(k) Administrative Committee, as Plan Administrator of the Dollar Thrifty Automotive Group, Inc. Retirement Savings Plan, has duly caused this annual report to be signed on its behalf by the undersigned hereunto duly authorized.

DOLLAR THRIFTY AUTOMOTIVE GROUP, INC.

RETIREMENT SAVINGS PLAN

By: 401(k) Administrative Committee, as Plan

Administrator

Date: June 26, 2007 By: /s/ MICHAEL H. MCMAHON  

Michael H. McMahon

Committee Chairman

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INDEX TO EXHIBITS

Exhibit No. Description

23.34 Consent of Tullius Taylor Sartain & Sartain LLP regarding Registration Statement on Form S-8, Registration No. 333-89189

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EX-23

EXHIBIT 23.34

CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

We consent to the incorporation by reference in Registration Statement No. 333-89189 on Form S-8 of Dollar Thrifty Automotive Group, Inc. of our report dated June 25, 2007, relating to our audit of the 2006 financial statements, which appears in the Annual Report on Form 11-K of Dollar Thrifty Automotive Group, Inc. Retirement Savings Plan for the year ended December 31, 2006.

/s/ TULLIUS TAYLOR SARTAIN & SARTAIN LLP

Tulsa, Oklahoma

June 25, 2007