Hertz reported record fourth quarter 2013 worldwide revenues while net income shrunk on lower pricing and higher fleet expense.
Payless, Zipcar Drive Avis Budget's Revenue Increase
Due to an increase in rental days and the addition of Zipcar and Payless, Avis Budget Group Inc. has reported its fourth quarter 2013 revenue of $1.8 billion, a 9% increase compared to the fourth quarter in 2012. For the year, Avis reported revenue of $7.9 billion, an increase of 8% compared with 2012.
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