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Hertz Increases Q2 Revenue 5%
Avis Reports $2.3B in Q2 Revenue
Sixt's Q1 Revenue Hits $697M

Sixt's Q1 Revenue Hits $697M

Following this Q1 start, the managing board of Sixt confirms its outlook for the entire fiscal year of 2019 and plans investments of around 8 billion euros ($9 billion).

May 9, 2019

Hertz Reports Quarterly Revenue of $2.1B
DriveItAway Partners with CloudOne

DriveItAway Partners with CloudOne

CloudOne is specifically designed to seamlessly facilitate new and used vehicle sales, while also providing conquest digital marketing services and credit-based lead generation through its wholly-owned subsidiary, CreditYes.

April 3, 2019

Hertz to Sell 100th Anniversary Corvettes
Cox Automotive Creates Mobility Fleet Service Network
Bobit Business Media Sold to Gemspring Capital

Bobit Business Media Sold to Gemspring Capital

Bobit Business Media has been acquired by Gemspring Capital, a middle-market private equity firm. Bobit, which bought HDT in 2012, was founded by Ed Bobit in 1961 with Automotive Fleet and today is a successful business-to-business media company in the fleet, transportation, beauty, and law enforcement industries.

November 26, 2018

Hertz Closes Q3 with $2.8B Revenue
Avis Grows Q3 Revenue to $2.8B

Avis Grows Q3 Revenue to $2.8B

Revenues grew to a record $2.8 billion in the third quarter on both higher volume and increased underlying pricing in the Americas.

November 5, 2018

Commercial Fleet Sales Increased 10.3% in October
Hertz Appoints New Chief Financial Officer

Hertz Appoints New Chief Financial Officer

In the interim period prior to Jamere Jackson formally joining Hertz, Robin Kramer, currently Hertz's senior vice president and chief accounting officer, will assume the additional role of acting CFO effective immediately.

August 20, 2018

Cox Automotive Expands Mobility Services

Cox Automotive Expands Mobility Services

Cox Automotive has established a new mobility services unit that combines existing businesses, such as its Flexdrive subscription service, with its acquisition of Clutch Technologies' subscription software platform to deliver fleet management solutions for mobility fleets, the company has announced.

August 13, 2018