Money earmarked for frontline mental health services, including tackling severe workforce shortages, was “reprioritised” to ...

Government auctions provide a unique opportunity for budget-conscious buyers to purchase well-maintained vehicles at ...

Management reaffirmed its target of generating no less than $1 billion in adjusted EBITDA for 2025, supported by lower fleet costs and operational efficiencies. The company anticipates first-quarter ...

India’s latest Budget exercise reflects a concerted effort to reinvigorate its economic landscape, enhance global trade competitiveness, and fortify its strategic alliances. At a time when the Gross ...

Car rental services provider Avis (NASDAQ:CAR) in Q4 CY2024, with sales falling 2% year on year to $2.71 billion. Its GAAP ...

The loss reflects a change in strategy to accelerate fleet rotations, which resulted in shortening the life of most of the vehicles in the Americas' segment, Avis said. The financial impact was a ...

We ended 2024 with fourth quarter revenues of $2.7 billion, driven by strong leisure holiday travel. Net loss was nearly $2 billion, and Adjusted EBITDA 1 was a loss of $101 million. Full year ...

Avis Budget Group ( NASDAQ: CAR) swung to a huge loss in the fourth quarter due to a $2.5B impairment charge on its fleet, ...

PARSIPPANY, N.J. (AP) — PARSIPPANY, N.J. (AP) — Avis Budget Group Inc. (CAR) on Tuesday reported a fourth-quarter loss of $1.96 billion, after reporting a profit in the same period a year earlier.

Avis Budget’s Chief Executive Officer Joe Ferraro is stepping down and will be succeeded by Brian Choi, its chief ...

Avis Budget Group posted a fourth-quarter net loss of nearly $2 billion, with an adjusted loss per share of $55.66, far below ...