Brazilian Car Rental Industry Breaks the $1 Billion Barrier

In 1999 the industry for car rental in Brazil had revenues totaling $1.39 billion.

The car rental market in that country is controlled mainly by a company called Localiza. Its fleet totals about 25,000 vehicles and it has a market share of 30%.

The second largest car rental company in Brazil is called Unidas. American companies Hertz, Avis and Budget are operating in the South American country as well. Hertz runs its facilities directly, whereas Avis and Budget have franchises.

Source: Wagner Iglecias, economic analyst for the Gazeta Mercantil, a business and economy newspaper based in Brazil.

Comment On This Story

Name:  
Email:  
Comment: (Max. 10000 characters)  
Please leave blank:
* Please note that every comment is moderated.

 
 

Newsletter: Sign up to receive latest news, articles, and much more.

Read the latest

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

Trump and Regulations: An Alt-Fuel View

With 2025 emissions targets back in review, manufacturers, alt-fuel, and alt-power suppliers weigh in on the potential impacts of Trump’s initiatives.

Why GM’s Telematics Announcement is a Really Big Deal

Enabling a telematics connection at the factory — and not through an aftermarket hardware installation — is a game changer for fleets.

Four Thoughts From the 2016 Conference Calls

Sifting through the notes of Avis Budget Group’s and Hertz Global Holdings’ recent fourth quarter conference calls give us some trend lines to watch out for in 2017. (Of course, this gives us an incomplete snapshot, as Enterprise Holdings is privately held.)

Job Finder: Access Top Talent. Fill Key Positions.

>