Though Avis reported record highs for its Americas and international segments, the company’s stock saw a dip just after its earnings report was released. On Oct. 31, Avis Budget Group, Inc. announced financial results for its third quarter 2022. The rental company saw revenues at $3.5 billion, 18% above third quarter 2021, […]
Avis Reports Record $3.5B Revenue in Q3 Read More »
Compact cars had the smallest decline, at 6.1%, followed by vans and pickups, at 6.4% and 8.4%, respectively. Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) decreased 2.2% in October from September, according to the Manheim Used Vehicle Value Index released Nov. 7. The index declined to 200.0 and
Wholesale Used-Vehicle Prices See Smaller Decline in October Read More »
Local owner Ferone Bryan plans to open the Caribbean location by the end of the year. Photo: U-Save Car & Truck Rental U-Save Car & Truck Rental announced a new affiliate location in the Caribbean island of Jamaica. The location is locally owned and operated by Ferone Bryan, who plans to open in December
New U-Save Car & Truck Rental Affiliate to Open in Jamaica Read More »
The new Enterprise Rent-A-Car branch in Dublin will include two Car Club vehicles, which can be booked and accessed via an app and rented by the hour or the day. Photo: Enterprise Holdings In Ireland, Enterprise Rent-A-Car has opened its latest branch in Dublin as part of its continued growth program in the country.
Enterprise Adds New Location in Ireland Read More »
Sales into rental and commercial were both up 58% year over year, while sales into government fleets were down just slightly at 0.3%. Sales into large fleets, not including sales into dealer and manufacturer fleets, increased 21% month over month in October to 148,721 units, according to an early estimate from Cox
October Fleet Sales Up Nearly 49% YOY Read More »
