Tagged rental revenue

Hertz Grows Q4 Revenues Amid Higher Expenses

Hertz reported record fourth quarter 2013 worldwide revenues while net income shrunk on lower pricing and higher fleet expense.

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Payless, Zipcar Drive Avis Budget's Revenue Increase

Due to an increase in rental days and the addition of Zipcar and Payless, Avis Budget Group Inc. has reported its fourth quarter 2013 revenue of $1.8 billion, a 9% increase compared to the fourth quarter in 2012. For the year, Avis reported revenue of $7.9 billion, an increase of 8% compared with 2012.

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The Silver Lining of Car Rental Consolidation

While the world concentrates on whether rental rates will rise, rates don’t rule the world.

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Hertz Clarifies Total Revenue per Transaction Day Calculation

Hertz Global Holdings Inc. provided additional information regarding the calculation of total revenue per transaction day (RPD) for its second quarter financial records.

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U.S. Car Rental Market Achieves Record Revenue

In 2012, the U.S. car rental industry is expected to achieve record total rental revenues of $23.63 billion at a total fleet size of almost 1.86 million vehicles.

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Rental Car Sales Jump at San Francisco International Airport

Rental car sales at SFO increased from $400.6 million in fiscal year 2010-2011 to $454.8 million in 2011-2012 for a 13.5% increase.

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

What I Learned at the 2014 Car Rental Show

If the Car Rental Show is an indicator of the health of the industry, the North American market is doing well — while the "growth markets" are really taking off.

Remembering Elaine Litwer

On the fifth anniversary of Elaine Litwer’s death, I’m brought back to the work she did to repeal vicarious liability. But it’s also caused me to reflect on the mentors in my life.

6 Market Predictors for 2014

In their fourth quarter conference calls, Avis Budget Group and Hertz gave an outlook on fleet costs, the used car market, fleet optimization strategies and potential acquisitions. Hertz shed light on the fallout from that excess fleet.

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