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Hertz Reports $222M Net Loss in Third Quarter, with Sequential Improvements
Europcar Revenue Down 50% in Q3

Europcar Revenue Down 50% in Q3

While Europcar managed to generate positive adjusted corporate EBITDA on cost cutting, revenue fell to 537 million euros in the third quarter of 2020. Europcar no longer providing full-year guidance for 2020.

October 28, 2020

Avis Announces Q3 Financial Call

Avis Announces Q3 Financial Call

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

October 15, 2020

Sixt Adds 1K Vehicles to Carsharing Fleet

Sixt Adds 1K Vehicles to Carsharing Fleet

Sixt reports that business has already returned to pre-pandemic levels in German urban locations. In response the company is expanding carsharing and subscription programs as an alternative to public transport.

May 22, 2020

Hertz Earnings: A Tale of Two Half Quarters

Hertz Earnings: A Tale of Two Half Quarters

In the U.S., year-to-date February 2020 revenue was up 8% from the same period in 2019 on both higher price and volume. By March 31, revenues had eroded 9.7% for the entire quarter compared to last year.

May 12, 2020

Avis Q1 Revenues Drop 9%

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.

May 6, 2020

Avis Makes Q1 Predictions, Announces COVID-19 Updates
Brazilian Car Rental Company Raises $85M
Hertz Posts Net Loss in Q4, FY 2019

Hertz Posts Net Loss in Q4, FY 2019

Results dampened by a decrease in international revenues, safety recalls, and increases in per-unit, per-month depreciation.

February 25, 2020