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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 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 reported record fourth quarter 2013 worldwide revenues while net income shrunk on lower pricing and higher fleet expense.
Read More →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 →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 →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 →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.
Read More →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.
Read More →The CEO says the results were driven by a growth in insurance replacements, Advantage Rent-a-Car and worldwide equipment rentals.
Read More →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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