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Zipcar Inc. grows revenue and narrows GAAP net loss in the quarter, though membership growth slower than anticipated and UK business remains challenged.
Read More →Revenues flat, but net income up on rental day growth and a strong used vehicle market. Company calls for “compelling offer to be made” in regards to a Hertz merger to end “the constant distraction of merger speculation.”
Read More →Company says growth is attributable to increases in volume, rental days and ancillary revenues, offset by a decrease in pricing.
Read More →Including record U.S. car rental adjusted pre-tax income for the second quarter, Hertz Global Holdings established several second quarter earnings records.
Read More →Avis Budget Group’s program has helped generate more than $275 million in annual cost savings and other benefits since the program was launched in 2007, the company reports.
Read More →Franchise Services of North America Inc. (FSNA), owners of the U-Save, Rent-A-Wreck Canada and Practicar brands, reported a slight drop in revenue for its second quarter and announced the opening of two new franchise locations.
Read More →Company reports revenue growth with slightly lower earnings due to higher operating expenses that include expansion initiatives in the U.S.
Read More →Net income surges on a strong used car market, an increase in rental days and utilization, partially offset by declines in revenue per day.
Read More →Avis Budget Group’s revenue increases 31% on higher rental volume and stronger-than-expected residual values, with an overall net loss on Avis Europe acquisition costs.
Read More →Company reports it has 'agreed on the material terms' on the sale of its Advantage brand with a potential buyer. Announcement opens the door for a new Dollar Thrifty deal.
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