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In 2009, the Budget Business Program awarded nearly $2 million to small and mid-sized businesses for car rentals.
Read More →Ratings firm Standard & Poor's said that Avis Budget's performance, following “a very challenging 2008 and early 2009,” garnered it higher ratings and a stable outlook.
Read More →Under the new agreement, Ronald Nelson will continue to receive his $1 million base salary and a bonus of 150 percent if performance goals are met.
Read More →A U.S. District judge affirms the $16 million in damages a jury awarded to Alaskan Avis licensee Robert C. Halcro in a case involving violation of the franchise agreement.
Read More →Customers had alleged that the two car rental companies did not clearly inform them about the use of a toll plaza Plate Pass.
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Avis Budget’s Independent Operator Program allows you to run your own rental operation without the capital investment of a franchise.
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Rental car companies are mitigating fleet costs by transitioning to risk vehicles and increasing holding periods. Could self-service rental car kiosks be the next big thing?
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Fewer cars means per-vehicle depreciation costs will increase by as much as 20% in 2007. How are the major RAC's coping?
Read More →Hertz and Vanguard will soon trade alongside Avis Budget Group and Dollar Thrifty Group on the Big Board. With profit pressures stronger than ever, what are the ramifications of rental car companies going public?
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