Tagged Rental Revenue

Avis Budget Hits $8.5B for Full-Year 2014 Revenue

Avis Budget Group has reported an increase in revenue year-over-year for both fourth quarter 2014 as well as the full-year 2014: $1.9 billion and $8.5 billion, respectively. In 2014, Avis had its highest total adjusted EBITA in company history at $876 million.

Read more...

Avis Budget Increases Q3 Revenue to $2.5B

Avis Budget Group Inc. has reported revenue of $2.5 billion for its third quarter 2014, a 6% increase compared to third quarter 2013.

Read more...

Sixt Revenue Up 9.8% in First Half of 2014

For the first half of 2014, German-based Sixt SE’s revenue and earnings were both up compared to the same period in 2013, according to the company. Rental revenue increased 9.8% — from EUR 462.2 million in half-year 2013 to EUR 507.7 million (half-year 2014).

Read more...

Strong Pricing Lifts Avis Budget’s Earnings

Avis Budget Group Inc. has reported second quarter 2014 revenue of $2.2 billion, a 10% increase compared to second quarter 2013. This is primarily due to an 8% increase in rental days and stronger pricing, which increased 5% year-over-year in North America.

Read more...

Avis Adds 10 Percent Revenue in Q1

Avis Budget Group Inc. has reported its first quarter 2014 revenue of $1.9 billion, a 10% increase compared to first quarter in 2013. This is primarily due to a 6% increase in rental days and the acquisitions of Payless and Zipcar.

Read more...

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.

Read more...

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.

Read more...

The Silver Lining of Car Rental Consolidation

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

Read more...

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.

Read more...

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.

Read more...
PREVIOUS12345

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

Gaining Insight beyond the Quarterly Headlines

Digging deeper into the most recent public statements by Avis Budget Group and Hertz reveal direction on the market, including growing the deep-discount segment, ancillary sales drivers, Hertz’s ship-righting and Zipcar’s first franchise (you heard correctly).

Is the U.S. Heading to Calif.-like Emissions Standards?

New federal air quality rules will affect hundreds more counties across the country, and fleets are in the cross hairs. Is your area on the list?

6 Growing Transportation Problems - and Potential Solutions

They may not affect car rental today, but they will. Will you be part of the solution?

Job Finder: Access Top Talent. Fill Key Positions.