Tagged Rental Revenue
May 11, 2015 in Rental Operations
Rental bookings for Sixt are increasing in the UAE, according to an article by 7 Days in Dubai. The company plans to add more vehicles to its fleet by 2020 in response to the growth.
May 5, 2015 in Rental Operations
Avis Budget Group Inc. has reported revenue of $1.9 billion for its first quarter 2015, a 1% decline compared first quarter 2014. This is primarily due to a 5% increase in rental days in the Americas, offset by an approximately $85 million negative impact from movements in currency exchange rates.
March 20, 2015 in Rental Operations
Paris-based Europcar reported a 3.4% increase in revenue for the full-year 2014 — from 1.914 billion euros in 2013 to 1.979 billion euros.
March 17, 2015 in Rental Operations
German-based Sixt SE has reported 2014 as the most successful fiscal year in its corporate history. The company grew its total number of U.S. stations to 50, from 26 locations at the end of 2013.
February 19, 2015 in Rental Operations
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.
October 30, 2014 in Rental Operations
Avis Budget Group Inc. has reported revenue of $2.5 billion for its third quarter 2014, a 6% increase compared to third quarter 2013.
August 26, 2014 in Rental Operations
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).
August 4, 2014 in Rental Operations
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.
May 8, 2014 in Rental Operations
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.
March 18, 2014 in Rental Operations
Hertz reported record fourth quarter 2013 worldwide revenues while net income shrunk on lower pricing and higher fleet expense.
Auto Focus Blog: A blog covering fleets, auto rental and the business of cars
We conducted three tests using an in-vehicle data logger with surprising results — and some questions on whether one car’s computer is telling the truth on fuel economy.
A market controlled by brokered transactions will continue to suffer price pressures and customer service issues.
A recent report predicts that global car rental revenues will double by 2020 — but from where?
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