Tagged Rental Revenue

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).

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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.

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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.

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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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