Tagged rental revenue

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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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 and also discussed the status of a potential merger with Avis Budget Group.

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

GM Goes High Touch at Fleet Preview

Amid new products such as the light-duty pickups, the 2014 Impala, the Cruze diesel and the announcement of a new small cargo van, it’s the one-on-one attention that sticks with you.

How Will VW Sell 800,000 Units in America?

At its annual fleet preview, Volkswagen talked fleet sales, residual strategies, product lineup, three new turbo engines and how diesel can help your costs (but not your heart rate).

A Coda for Coda Automotive

Coda Automotive’s bankruptcy is not surprising, though it was surprising that the company was able to play off the good intentions of the green industry for as long as it did.

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