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Cabify's consolidated net revenues in 2019 amounted to $104 million, up 11% from the previous year. 

4 months, 3 weeks ago

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In downgrading Avis Budget's rental car ABS, the ratings service shared a candidly pessimistic outlook for the return of travel demand and the car rental industry as a result of the coronavirus pandemic.

14 hrs, 19 mins ago
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Prospective Spiffy franchise owners gain the benefits of joining a company with established practices from years of experience.

16 hrs, 34 mins ago
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Along with ABG, the coalition includes RB, which is the maker of Lysol, and a team of medical professionals from leading institutions, including Columbia University, with expertise in public health, COVID-19, and other infectious diseases.

17 hrs, 9 mins ago
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In an interview with CNBC, Avis Budget Group’s CEO Joe Ferraro was asked about how the company transitioned into the coronavirus environment and how the Hertz bankruptcy might affect Avis.

3 days, 13 hrs ago
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Advantage has suffered three bankruptcies and ping-ponged from five ownership groups with wildly divergent goals. Yet a slimmed down Advantage under entrepreneurial ownership just might have a chance.

5 days, 13 hrs ago
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Wholesale used vehicle prices increased 8.95% month over month in June, bringing the Manheim Used Vehicle Value Index to 149.3, a 6.3% increase from a year ago and a new record-high for the Index.

5 days, 13 hrs ago
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Currently available at airports in Las Vegas and Bozeman, Mont., Blacksford has plans in place to expand into a dozen or more airports over the next two years, including Denver International Airport in July 2020.

6 days, 13 hrs ago
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Commercial fleet sales from nine manufacturers totaled 53,628 in June 2020, representing a 26% decrease when compared to the same time last year, though the declines are not as significant as seen in the last two months, which were both more than 65% drops.

6 days, 13 hrs ago
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Ridesharing services are now experiencing a steady rise in passengers as Australia's government restrictions are lifted and the economy begins to recover.

6 days, 15 hrs ago
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Trey Breckenridge of U-Save Car & Truck Rental, and Jennifer Gelder of A Betterway Rent-A-Car Group, an Avis and Budget licensee, have joined the board of directors of the American Car Rental Association.

6 days, 15 hrs ago
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