Tagged Avis Budget Group

Avis Budget Group Generated $65 Million in Savings from ‘Performance Excellence’ Initiative

In 2011, compared to prior-year results, the program saw significant cost reductions and revenue enhancements through enhancing operational efficiency, driving incremental revenue, reducing fleet depreciation and fleet maintenance costs, and improving the Avis and Budget customer experience.

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Avis Named World's Leading Business Car Rental Co. for 6th Consecutive Year

The car rental company received 12 World Travel Awards for customer service and business performance in its various operating regions.

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Avis Budget Group and Vacation Group Announce Multi-Year Partnership

The alliance will designate Avis Rent A Car and Budget Rent A Car as Wyndham’s preferred car rental providers.

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Avis Budget Group Announces Completion of Multi-Country European Fleet Facility

Transaction provides incremental liquidity for funding its European fleet.

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Wholesale Market Drives Q3, But Will Record Rental Revenues Last?

The three public car rental companies posted healthy third quarter results last week. While the quarter was characterized by price competition, healthy volumes and fleet rightsizing, the key driver was the used-car market. But what does the future look like?

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Avis Budget Group Reports Record Results for 2011 Third Quarter

The increase in margin was primarily due to a 19 percent decline in per-unit fleet costs, including gains on vehicle dispositions, lower vehicle interest costs and incremental savings from the productivity initiatives.

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From Conversation to National Association: ACRA Celebrates Successes

Through its various incarnations, the American Car Rental Association has continuously advocated for major car rental companies, franchise owners and large and small independents. Today, the association is stronger than ever.

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Avis Budget Group Expands Principal U.S. Asset-Backed Bank Conduit Facility

The move allows the company to expand its borrowing capacity to $2.5 billion.

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Avis Rent A Car and TripIt Join Forces to Aid Trip Planning

Avis Rent A Car becomes the first car rental provider to offer personalized reservations using TripIt's open technology platform.

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Avis Budget Group Achieves ‘Gold Standard’ For Worker Health Programs

The company received accreditation because of its focus on smoking cessation programs, insurance incentives for nonsmokers, and diet and nutrition counseling among other initiatives.

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Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

Which Hybrids Pay Back the Quickest?

After five years and 15,000 miles of driving per year, are there any hybrids that actually have a lower cost of ownership than their gas-engine counterparts? One unexpected vehicle takes the prize.

How Far Will Cell Phone Bans Go?

The federal government means business with its new law banning cell phone use while driving commercial vehicles. Can the laws go even further, and how should fleets react?

Righting a Wrong in Arizona

Arizona is one of a super minority of states in which auto rental companies are required by statute to pay for the negligent acts of their renters. Look for new legislation in the coming weeks that proposes to change that.

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