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Newsby StaffSeptember 14, 2020

Avis Sued After Vehicle Fire Leaves 1 Dead

The family of the man is also suing Kia Motors.

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Newsby StaffAugust 29, 2020

Avis, AirAsia India Partner for Discounted Rentals

AirAsia India guests can opt to hire airport transfers, chauffeur-driven vehicles, long term car rentals or self-drive cars from Avis’s fleet of mid, premium, luxury and SUV cars.

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Newsby StaffJuly 22, 2020

Avis to Announce Q2 2020 Results

Avis will host a conference call for institutional investors to discuss these results on July 29 at 8:30 a.m. Eastern time.

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Newsby StaffMay 6, 2020

Avis Q1 Revenues Drop 9%

Avis anticipates revenues about 80% lower in April and May compared to the prior year, with a gradual recovery in June and improving thereafter.

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Newsby StaffApril 28, 2020

Avis Receives Loan

The rental agency will be filing the appropriate forms with the Securities and Exchange Commission.

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Newsby StaffMarch 24, 2020

Hertz, Avis Furlough Workers, Cut Pay

Hertz and Avis Budget Group have begun cost-cutting measures as travel demand drops dramatically following the coronavirus pandemic.

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Newsby StaffFebruary 25, 2020

Avis Signs New Agreement with Investment Group

The terms of the new approximately two-year cooperation agreement include the appointment of Jagdeep Pahwa, a current board member and president of SRS, as vice chairman of the board.

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Newsby StaffFebruary 20, 2020

Avis Posts Record Q4, FY19 Revenues

In the fourth quarter of 2019, Avis Budget Group posted record revenues on improved fleet costs, utilization. Full-year revenues increased to a record $9.2 billion.

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Newsby StaffFebruary 12, 2020

Rental Agent Commits Fraud, Costs Company Nearly $100K

Authorities allege that the former employee falsified 42 vouches for 19 customers, costing the rental company $93,625 in lost revenue.

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Newsby StaffFebruary 10, 2020

Avis Appoints New Board of Directors Chair

Over the last 15 years, Bernardo Hees has served as CEO of The Kraft Heinz Company, Burger King Worldwide Holdings, Inc., and America Latina Logistica.

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