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An analysis of the conference calls of Avis Budget Group and Hertz Global Holdings reveal trends and initiatives involving fleet right sizing, pricing, ancillary revenue opportunities, and renting to ride-hailing drivers.
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Counter bypass is just the beginning. The promise of a “data-driven ecosystem” that connects renters with the rental agency, retail services, and even the city is a better managed fleet, an improved user experience, and new revenue opportunities during the rental itself.
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Car rental companies’ recent fleet discipline is needed now more than ever.
Read More →Two new autonomous vehicle project partnerships bring the importance of fleet management to the fore.
Read More →Sifting through the notes of Avis Budget Group’s and Hertz Global Holdings’ recent fourth quarter conference calls give us some trend lines to watch out for in 2017. (Of course, this gives us an incomplete snapshot, as Enterprise Holdings is privately held.)
Read More →Car rental companies are migrating to vehicle segments with better residual values, though not without bumps in the road.
Read More →The CNBC airline and auto reporter made some questionable assumptions as to the health of the car rental industry.
Read More →Digging deeper into the most recent public statements by Avis Budget Group and Hertz reveal direction on the market, including growing the deep-discount segment, ancillary sales drivers, Hertz’s ship-righting and Zipcar’s first franchise (you heard correctly).
Read More →On its first quarter earnings call, Avis Budget Group shed light on price increases, acquisitions, the used car market and where the growth is with ancillary sales.
Read More →In their fourth quarter conference calls, Avis Budget Group and Hertz gave an outlook on fleet costs, the used car market, fleet optimization strategies and potential acquisitions. Hertz shed light on the fallout from that excess fleet.
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