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NewsAugust 11, 2015

Hertz Revenue Drops 3%

U.S. car rental revenue fell 3% during second quarter 2015. Hertz attributes the decline to a decrease in airport and off-airport rental volume, due in part to the closure of approximately 200 stores.

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Newsby Chris BrownMay 15, 2015

Hertz U.S. Revenue Down 3% in First Quarter

U.S. car rental revenue fell 3%; the company found $30 million more in accounting errors and plans off-airport store closures. Price increases are underway.

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NewsFebruary 25, 2015

Hertz Reports $1.5B in Rental Revenue for Fourth Quarter

In addition to releasing its rental revenue for fourth quarter 2014, Hertz Global Holdings Inc. also announced 21% of its new fleet was delivered and review and investigation of its financial records are ongoing.

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NewsNovember 14, 2014

Hertz: Lower Revenue, Higher Expenses "Transitory"

Hertz Global Holdings Inc. reported its third quarter 2014 U.S. revenue of $1.8 billion. For the full-year 2014, corporate EBITDA is anticipated between $1.3 billion to $1.45 billion, which reflects the impact of adjustments relating to the ongoing accounting review.

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NewsOctober 30, 2014

Avis Budget Increases Q3 Revenue to $2.5B

Avis Budget Group Inc. has reported revenue of $2.5 billion for its third quarter 2014, a 6% increase compared to third quarter 2013.

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NewsMay 20, 2014

Sixt Reports Strong Start to 2014

For the first quarter 2014, German-based Sixt SE’s revenue and earnings were both up compared to last year’s figures. Rental revenue climbed 9.5% — from EUR 210.1 million in Q1 2013 to EUR 230.1 million.

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