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.
Should car rental companies be worried?
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).
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.
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.
Opinion surveys on the intentions of millennials miss the big picture of the real shifts in the way we get around.
Looking at the first half of 2013, rates are up and the used car market is down but stabilizing. Pay attention to developments that portend the long-term future of car rental.
The Avis offer for Zipcar was inevitable. But is it good?
When the heads of seven major fleet management companies convene on a panel together, it’s a good time to get their views on issues such as changes to lease accounting standards, how the new fuel economy standards will affect fleet and which alternative fuel will break out in five to seven years.
On the eve of his peer-to-peer car-sharing company going national, Shelby Clark answers questions on security measures, insurance claims, regulation compliance and changes to the business model.
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