In second quarter 2013, Avis reports an increase in revenue compared to the same period last year, primarily due to the acquisition of Zipcar and a 3% growth in rental days. Higher U.S. fleet costs played a role in the decline of corporate EBITDA.
Hertz Clarifies Total Revenue per Transaction Day Calculation
Hertz Global Holdings Inc. provided additional information regarding the calculation of total revenue per transaction day (RPD) for its second quarter financial records.
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