Tagged financial report
November 1, 2011 in Rental Operations
The CEO says the results were driven by a growth in insurance replacements, Advantage Rent-a-Car and worldwide equipment rentals.
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November 1, 2011 in Rental Operations
The company reported net income for the 2011 third quarter of $66.6 million on a 4.1 percent increase in rental days and fleet cost per vehicle of $186 per month, compared to $262 a month in 2010.
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October 26, 2011
Owner of Enterprise Rent-A-Car, National Car Rental and Alamo Rent A Car brands posted a record $14.1 billion in worldwide revenues, and grew its rental fleet to more than 1 million for the first time.
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August 31, 2011 in Rental Operations
Franchise Services North America, parent company of U-Save Car and Truck Rental, reported revenue and net loss of $3.9 million and $22,775 for its third quarter period that ended June 30, 2011, as compared to revenue of $4 million and a net loss of $191,839 for the same period in 2010.
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August 23, 2011 in Leasing, Remarketing, Mobility
Sixt Group’s pre-tax earnings double, rental revenue rises 11.9 percent in first half.
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August 23, 2011 in Rental Operations
While car rental spend dropped, other categories such as airfare, hotel and dining, increased worldwide compared to 2010.
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August 10, 2011 in Rental Operations
Zipcar reports a second quarter revenue increase of $61.6 million compared to $46.0 million in the prior year period. Zipcar reports adjusted EBITDA of $2.3 million compared to $0.3 million in the prior year period; US GAAP net loss of $5.6 million compared to a loss of $5.2 million in the prior year period.
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August 8, 2011 in Rental Operations
Company cites earnings pressure from merger-related expenses, weak rate environment and Japan supply disruptions, partially offset by a decline in direct vehicle and operating expenses.
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August 3, 2011 in Rental Operations
Hertz swings from a net loss of $25.1 million for the second quarter of 2010 to a net income of $55 million. U.S. car rental adjusted pre-tax income for the second quarter up 46.8 percent over prior year period.
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July 22, 2011 in Rental Operations
Conference call to discuss results scheduled for August 4, 2011.
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Auto Focus Blog: A blog covering fleets, auto rental and the business of cars
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The movers and shakers in the electric vehicle market offer a candid glimpse into the immediate future of electric vehicles. (With photos!)
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