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Avis Budget Group
13 февраля, 17:36

What's in Store for Avis Budget (CAR) this Earnings Season?

Avis Budget Group Inc. (CAR) is scheduled to report fourth-quarter 2016 results after market closes on Feb 15.

26 января, 17:10

Spectrum Brands Hikes Dividend and Boosts Share Buyback

Spectrum Brands Holdings Inc. (SPB) announced a new $500 million share buyback program and raised its quarterly dividend.

25 января, 22:31

Try This The Next Time You Want To Rent A Car

When Caroline Lupini needed a rental car for a month, the last place she looked was a car rental company.Instead, she turned to a sharing site called Turo, which offers medium- to long-term rentals at a discount over the typical rental company rate. Think Airbnb for cars.For $750, Lupini got a high-mileage 2007 Saturn Ion in Denver — less than half the going car rental company rate. "Overall, it went well," says Lupini, a photographer from Ann Arbor, Mich.What does "overall" mean? Tell you in a second.The sharing economy has changed the way travelers think about accommodations. Driving? Not so much.Related: Frequently asked questions about car rentals.A recent survey by Morpace, a market research and consulting firm, found that only one-fourth of all respondents plan to engage in some type of sharing service. Some 75% of respondents plan to buy or lease a vehicle in the next five years, and only slightly fewer, 71%, intend to purchase or lease a new vehicle.That's a shame. The latest car-sharing innovations can score you a ride for less, or put you behind the wheel of your favorite vehicle. Most important, they can save you the headache of all the bothersome car rental fees and surcharges."Car sharing has become a fairly widespread phenomenon," says Susan Shaheen, a professor at UC Berkeley and the co-director for the university's Transportation Sustainability Research Center. But roadblocks to adoption remain, including service definitions and a widespread lack of understanding about how car sharing works.Turo may be the most established of the peer-to-peer car rental companies, but it's hardly alone (see below). These rental companies and sharing services meet different needs among car rental customers, and taken together, they have the potential to change the way you drive for the better.They can save you money, for starters. A one-month, midsize rental in Phoenix from a traditional car rental company, which doesn't include insurance, will set you back about $940. The Turo price costs $52 less and includes insurance."The price of the cars is very comparable — and sometimes much less — than the major car rental agencies, and you can get a much much nicer car for the money," says Bruce Mesnekoff, general manager for a company that assists students with their college debt.Mesnekoff cites his most recent rentals, all through Turo. There was the Jaguar F Type convertible ($135 per day), the Mercedes C-class convertible ($103 per day), a Tesla ($225 per day) and — he's not making this up — a Maserati ($135 per day).Leo Nguyen, a biochemist from San Francisco, recently rented a 2015 Honda Odyssey through Turo and was impressed by the selection and simplicity. Not only could he select the exact car and model — something traditional car rental companies can't do — but he didn't face the hard sells for insurance or upgrades you get when you rent from a traditional car rental company."The experience was great," he says. "I got the car I wanted for a really good price."But you give some things up, too. Nguyen warns to look for mileage limits, which some hosts put on their cars. Some monthly Turo cars cap the "free" miles at 1,500 and charge you 75 cents per mile after that, which can add up quickly. Also, after one of his cars was broken into Nguyen discovered that his credit card didn't cover the damage as it would have for a rental car. Peer-to-peer rental vehicles are excluded from his cardmember coverage.All of which brings us back to Lupini, the photographer from Michigan. A pebble smacked her Saturn's windshield, leaving a small chip. Filing a claim through Turo would have meant she'd have to replace the entire windshield."I made a deal with the owner to pay him an extra $100," she says. He fixed it himself. Problem solved.Well, no one said the system was perfect. But once car sharing takes off, it's going to be big. Over time, it could bring even more competition to the car rental industry, reduce vehicle ownership and even free up valuable parking space.Car sharing may not have had its Airbnb moment yet, but just wait. It's right around the corner.Cheaper car rental options• Peer-to-peer car services. Companies such as Turo.com (turo.com) and Getaround (getaround.com) let you rent another person's car in almost exactly the same way you can rent someone else's home or apartment through Airbnb. They're typically less expensive than a car rental company and offer a wide variety of vehicles. For example, Getaround is currently available in 11 cities, including San Francisco, Portland, Ore., Washington, D.C., and Chicago. Its rentals, which start at about $50 a day, include insurance.• Rental hybrids. Car-sharing services such as Zipcar (zipcar.com), which is owned by Avis Budget Group, and Maven (mavendrive.com), GM’s new car-sharing service, can get you a set of wheels quickly. They're usually meant for shorter-term rentals in urban areas.• Check with your rental company. Car rental companies are trying to stay competitive. For example, Hertz offers discounted rates and provides special offers for multiweek and monthly car rentals. (AAA members save $40 on a weekly car rentals now through Jan. 31, for example.)After you've left a comment here, let's continue the discussion on my consumer advocacy site or on Twitter, Facebook and Google. I also have a newsletter and you'll definitely want to order my new, amazingly helpful and subversive book called How to Be the World's Smartest Traveler (and Save Time, Money, and Hassle). -- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website.

18 января, 16:36

Avis Budget Remains Poised for Healthy Inorganic Growth

On Jan 18, 2017, Zacks Investment Research updated the research report on Avis Budget Group, Inc. (CAR).

13 января, 16:55

Options Traders Expect Huge Moves in Avis Budget Group (CAR) Stock

Avis Budget Group (CAR) warrants investors' attention based on moves in the options market lately.

11 января, 16:51

Weakness Seen in Herman Miller (MLHR) Estimates: Should You Stay Away?

Herman Miller (MLHR) should not be considered as it holds an unfavorable Zacks Rank and it has seen negative earnings estimate revisions.

09 января, 16:30

Interpublic Group Poised for Growth on Strategic Initiatives

On Jan 9, 2017, Zacks Investment Research upgraded the research report on The Interpublic Group of Companies, Inc. (IPG).

Выбор редакции
22 декабря 2016, 16:35

Implied Volatility Surging for Avis Budget (CAR) Stock Options

Options traders are pricing in a big move for Avis Budget (CAR) shares as it has huge implied volatility.

21 декабря 2016, 14:57

Avis Closes France Cars Buyout to Boost Global Presence

Avis Budget Group, Inc. (CAR) recently completed the acquisition of privately-held car-rental company France Cars for an undisclosed amount.

25 ноября 2016, 12:26

Uber China to shut old app interface, drivers merged

UBER China will shut its old mobile app interface this weekend, to be replaced by a new one that integrates its functions and the drivers' pool with Didi Chuxing four months after the merger, a company

22 ноября 2016, 16:45

Constellation Brands Declares New Buyback Plan; Stock Up

Constellation Brands (STZ) announced a new share buyback program of $1 billion.

21 ноября 2016, 17:30

Zacks Industry Outlook Highlights: Target, Wal-Mart, Amazon, Macy's and Avis Budget Group

Zacks Industry Outlook Highlights: Target, Wal-Mart, Amazon, Macy’s and Avis Budget Group

21 ноября 2016, 15:44

NIKE (NKE) Hikes Dividend, Bolsters Shareholders' Confidence

NIKE (NKE) hiked its dividend by 13%.

19 ноября 2016, 00:08

Holidays About to Begin: Which Retailers Stand to Gain?

Holidays About to Begin: Which Retailers Stand to Gain?

Выбор редакции
16 ноября 2016, 10:00

Didi Chuxing будет сотрудничать с Avis Budget Group

Пекин, 16 ноября /ChinaPRO.ru/ – Крупнейший китайский оператор службы такси Didi Chuxing заключил соглашение с международной Avis Budget Group, предоставляющей автомобили в прокат. Эти компании будут совместно предоставлять услуги аренды машин китайским пользователям на территории 175 стран и районов мира.

Выбор редакции
15 ноября 2016, 19:01

Didi joins Avis to diversify services

Avis Budget Group, a US-based vehicle rental services group, is partnering Didi Chuxing to provide Chinese Didi users with car rental services in other countries as Didi diversifies its services and builds

15 ноября 2016, 15:14

Avis Budget (CAR) Bumps Up Buyback Authorization; Stock Up

Avis Budget (CAR) announced a hike in its share buyback plan.

Выбор редакции
15 ноября 2016, 12:40

Didi partners with global car rental giant to expand overseas

CHINESE mobile transport platform Didi Chuxing announced Tuesday its agreement to partner with global car rental giant Avis Budget Group to offer overseas car rental services. The two companies will

04 ноября 2016, 21:04

Zipcar Is Renting Its Vehicles Out For Free On Election Day

Zipcar is giving away free car rentals on Election Day to encourage its members to vote.  The Boston-based car rental service, which gives its subscribers access to a fleet of cars they can rent out by the hour, said Friday it will make more than 7,000 cars available for free between 6 p.m. and 10 p.m. local time on Nov. 8. The offer is valid in the hundreds of cities and towns across the United States in which Zipcar operates, including more than 500 college campuses. The company began taking reservations on Friday. “At Zipcar, we know our community of Zipsters are actively engaged in civic affairs and passionate about issues, but may also need quick and easy access to transportation in order to vote,” Andrew Daley, vice president of marketing, said in a statement. “Regardless of political affiliation or sentiment, we believe that voting is a civic duty, and we want to ensure that access to transportation isn’t a barrier to casting a ballot.”  The company, which is owned by vehicle rental giant Avis Budget Group, rarely wades into politics. Employees at Zipcar, however, have donated exclusively to Democratic candidates this year, according to data from the nonpartisan Center for Responsive Politics’ OpenSecrets project. Democratic nominee Hillary Clinton received $609 in total. Her primary opponent, Sen. Bernie Sanders (I-Vt.), raked in $2,475 in total from Zipcar workers. None donated to any Republican primary candidates, according to the data. Zipcar isn’t the only company opting to lose money to encourage customers to vote. Patagonia, the eco-conscious outdoor apparel maker, plans to completely shut down its operations on Nov. 8, including suspending online sales for the day.  -- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website.

04 ноября 2016, 21:04

Zipcar Is Renting Its Vehicles Out For Free On Election Day

Zipcar is giving away free car rentals on Election Day to encourage its members to vote.  The Boston-based car rental service, which gives its subscribers access to a fleet of cars they can rent out by the hour, said Friday it will make more than 7,000 cars available for free between 6 p.m. and 10 p.m. local time on Nov. 8. The offer is valid in the hundreds of cities and towns across the United States in which Zipcar operates, including more than 500 college campuses. The company began taking reservations on Friday. “At Zipcar, we know our community of Zipsters are actively engaged in civic affairs and passionate about issues, but may also need quick and easy access to transportation in order to vote,” Andrew Daley, vice president of marketing, said in a statement. “Regardless of political affiliation or sentiment, we believe that voting is a civic duty, and we want to ensure that access to transportation isn’t a barrier to casting a ballot.”  The company, which is owned by vehicle rental giant Avis Budget Group, rarely wades into politics. Employees at Zipcar, however, have donated exclusively to Democratic candidates this year, according to data from the nonpartisan Center for Responsive Politics’ OpenSecrets project. Democratic nominee Hillary Clinton received $609 in total. Her primary opponent, Sen. Bernie Sanders (I-Vt.), raked in $2,475 in total from Zipcar workers. None donated to any Republican primary candidates, according to the data. Zipcar isn’t the only company opting to lose money to encourage customers to vote. Patagonia, the eco-conscious outdoor apparel maker, plans to completely shut down its operations on Nov. 8, including suspending online sales for the day.  -- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website.