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Avis Plans Q3 Investors Call

A conference call for institutional investors to discuss Q3 results and its full year outlook will be held on Nov. 6 at 8:30 a.m. EST.

Avis Schedules Q2 Investors Call

A conference call for institutional investors to discuss these results and its full year outlook will be held Aug. 8 at 8:30 a.m. EST.

Toyota Invests $1B in Ride-Hailing Group Grab

This investment by Toyota is the largest-ever by an automotive manufacturer in the global ride-hailing sector, and brings Grab closer to achieving its vision of becoming a one-stop mobility platform in Southeast Asia.

Icahn More Than Doubles Stake in Hertz

Billionaire investor Carl Icahn has more than doubled his stake in Hertz Global Holdings Inc. after the rental company reported a loss in its third quarter profit.

Silvercar Raises $14M in Venture Capital

With plans to continue to expand its Audi A4 rental service, Silvercar has raised $14 million more in venture capital from investors, including Facebook Co-Founder Eduardo Saverin.

Richard Branson Invests in Sidecar

To help support its expansion nationwide, Sidecar — a San Francisco-based ride-sharing app company — has raised $15 million in funds from investors, including Virgin Group Founder Sir Richard Branson.