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Avis Budget (NYSE:CAR) and Rental Agencies All Fall
Steve Patterson (October 28th, 2008) Writes:
Avis Budget (NYSE:CAR) and Rental Agencies All Fall
Travel volume has dropped along with consumer spending and consumer sentiment over the past several months. And Avis Budget Group suffered from the decline in travel losing $1 billion dollars and having to cut 700 jobs in the most recent quarter preliminarily reported last night.
Revised Outlook
The company now expects to see ...
Tags for this Post:
Avis Budget, Avis Budget Group, cents, Hertz Global, Market Commentary, Rent A Center, Rental, Ryder Systems, Travel volume, USD
Avis Budget, Avis Budget Group, cents, Hertz Global, Market Commentary, Rent A Center, Rental, Ryder Systems, Travel volume, USD
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