Tagged rental revenue

U.S. Car Rental Market Statistics Released for 2011

As part of the Auto Rental News Fact Book published annually, here are the overall statistics and projections for the U.S. car rental market in 2011 from our 2012 Fact Book.

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Are Record Car Rental Revenues a Reason to Celebrate?

The U.S. car rental industry’s $22.4 billion in revenues for 2011 is an industry record. Here’s a closer look at the numbers.

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Hertz Reports Record Quarterly Income

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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International Visa Card Spend on Auto Rental in New Zealand rises by 70 percent

Compared to September last year, auto rental and oil spend increased by more than 70 percent, and the overall visitor’s spend for the month increased by 48 percent.

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Daily Rental Fees in Kansas City to Also Apply to Hourly Rentals

In Kansas City, Mo., the city council revised a car rental fee ordinance to include hourly auto rentals — or car sharing — in the $4 fee, which will be broken down to 17 cents per hour.

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Sixt Records Best Q2 Earnings in Company History

Sixt Group’s pre-tax earnings double, rental revenue rises 11.9 percent in first half.

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Dollar Thrifty Reports $131.2 Million Net Income for 2010

Dollar Thrifty Automotive Group increased net income from $45 million in 2009. The company noted that rental revenue was flat on a year-over-year basis.

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Car Rental Continues as Leading Revenue Source for Airlines

Car rentals are among the top commission-generating services sold on airline Web sites, along with hotel bookings and travel insurance.

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Zipcar’s Revenue Steadily Increasing

The car-sharing service posts a $55 million gain in the third quarter of this year.

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U.S. Car Rental Revenues Rise in 2010

With $20.551 billion in revenues in 2010, the car rental industry has bounced back from the recession, according to Auto Rental News in its annual survey of car rental fleets, locations and revenue in the United States.

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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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