Under the multi-year agreement, Avis Budget Group will enhance selected rental facilities to offer secure parking for Waymo's fleet as well as automotive services, including oil changes, tire rotations, and installation of automotive parts.
In a new era of sustainable business practices, the three largest car rental companies share guiding principles and best practices that make both environmental and economic sense.
Budget Car and Van Rental UK has invested in a fleet of 100 fuel-efficient Mercedes-Benz Citans.
Avis Budget Group goes in-depth on how pricing is driving strong earnings, while this year's record number of recalls is taking a toll.
In their most recent conference calls, Avis Budget Group and Hertz gave an outlook on pricing, fleet costs, the used car market and fleet optimization strategies.
It continues to be a good time to be in the rental business. Here are the key trends the investment community will likely be watching in 2014.
Avis Budget Group has acquired a 50-percent ownership stake in its Brazilian licensee, which the company said involves the investment of $50 million to enable the company to expand the presence of its Avis and Budget brands in the Brazilian car rental market.
As John F. Kennedy once said, “History is a relentless master. It has no present, only the past rushing into the future. To try to hold fast is to be swept aside.”
On their fourth quarter and full-year 2010 earnings calls, the three public car rental companies look into the crystal ball on prepaid rentals, franchising, new remarketing channels, potential mergers and growth opportunities.
Dollar Thrifty again leads profit performance. Commercial business rebounds; leisure lags.
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