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Rental Revenue

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.

Renteon's Management System Expands Across Europe

Renteon’s predecessor rent a car application was called CaRs — an abbreviation for the Car Reservation System — and was developed in 2003 to meet the needs of the former owner of the Budget franchise in Croatia.

Hertz Improves Revenues, Narrows Loss in Q1

In the first quarter of 2018, Hertz Global Holdings reported total revenues of $2.1 billion and decreased net loss by 9% based on an increase in transaction days, a decrease in per-unit depreciation expense, and an increase in pricing excluding ride-hailing rentals.