Punjab and Chandigarh, has issued an order against M/s Arisebhavishya India Mutual Benefit Nidhi Limited for violating Section 12 of the Companies Act, 2013. The company failed to maintain a ...

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 ...

Avis Budget's Chief Executive Officer Joe Ferraro is stepping down and will be succeeded by Brian Choi, its chief transformation officer. The Parsippany, N.J.-based car-rental company on Tuesday said ...

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

Q4 2024 Management View CEO Joseph Ferraro highlighted the company’s accelerated fleet rotation strategy, resulting in a $2.5 billion non-cash impairment charge. This decision involved replacing ...

Avis Budget (CAR) announced that after a 45-year career with the company, Joe Ferraro will transition from CEO to board advisor, effective June ...

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 ...

Also on Wednesday, a White House official confirmed to AFP that Trump's planned 25 percent tariffs on all steel and aluminum ...