Enterprise Holdings Generates Over $17B Revenue in 2014

Enterprise Holdings and its affiliate Enterprise Fleet Management generated $17.8 billion in revenue during fiscal year 2014, which ended July 31. Going forward, the company is focused on expansion efforts in the Middle East, Africa and Asia-Pacific.

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Avis Budget Continues to Increase Earnings, Reports $2.5B Q3 Revenue

Avis Budget Group Inc. has reported revenue of $2.5 billion for its third quarter 2014, a 6% increase compared to third quarter 2013. This is primarily due to a 6% increase in rental days and strong pricing in North America.

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Enterprise’s Ryan Johnson Participates in SXSW Eco Panel

Ryan Johnson, vice president of Enterprise CarShare, Rideshare and Zimride, discussed urban transportation in the SXSW Eco panel October 6-8 in Austin, Texas.

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car2go Launches in Brooklyn, N.Y.

The launch of car2go in Brooklyn marks the carsharing company’s first expansion in the New York area.

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What Rental Car Accommodates Dikembe Mutombo?

This is what happens when you’re 7 feet tall and don’t have a car rental reservation.

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Avis Partners with Luxury Home Club

Avis becomes car rental supplier for 3RD HOME, a reciprocal travel club for owners of luxury second homes.

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Jana Partners Ups Hertz Stake to 7%

Investment activist firm becomes Hertz's second-largest shareholder behind Carl Icahn.

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Length of Replacement Rental Increases to 11 Days

According to data gathered by Enterprise Rent-A-Car’s Automated Rental Management System (ARMS), the U.S. average length of replacement rental (LOR) increased to 11 days in the third quarter 2014, up 0.3 days from Q3 last year.

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Elio Passes First Phase for Department of Energy Loan

Elio Motors Inc.’s application for an Advanced Technology Vehicles Manufacturing (ATVM) loan has passed the initial review phase. Elio is seeking a $185 million ATVM loan to accelerate plans to begin production of its enclosed, three-wheeled vehicle.

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Enterprise Helps Governments Address Car Rental Traffic Violations

Enterprise Holdings has provided contact information for its service centers to more than 7,400 local governments who need to issue fines for car rental customer traffic citations.

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

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