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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Avis Budget Group Inc | NASDAQ:CAR | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.98 | 0.89% | 110.84 | 110.69 | 110.86 | 111.5068 | 108.85 | 111.00 | 127,629 | 19:07:27 |
"Avis Direct was designed to provide dealers with a direct, easy, fast and no-fee way to purchase our high-quality used vehicles, while providing us with a way to maximize the financial return from our vehicle sales and minimize our fleet costs," said Michael Schmidt, senior vice president of fleet services, Avis Budget Group. "We're excited that, in less than two years, more than 3,000 dealers have enrolled in the program. The initiative is proving to be a great alternative distribution channel for vehicle disposition, and a success in terms of our strategic goal of driving efficiency throughout the organization."
Avis Direct enables automobile dealers to purchase Avis Budget Group's used vehicles at many locations across the United States. Dealers also benefit from online photos and independent third-party condition reports. Regional consultants are available to assist with the purchase process. For more information, dealers should visit www.avisdirect.com or call 1-855-Buy-Avis (1-855-289-2847).
About Avis Budget Group
Avis Budget Group, Inc. is a leading global provider of vehicle rental services, both through its Avis and Budget brands, which have more than 10,000 rental locations in approximately 175 countries around the world, and through its Zipcar brand, which is the world's leading car sharing network, with more than 900,000 members. Avis Budget Group operates most of its car rental offices in North America, Europe and Australia directly, and operates primarily through licensees in other parts of the world. Avis Budget Group has approximately 30,000 employees and is headquartered in Parsippany, N.J. More information is available at www.avisbudgetgroup.com.
CONTACT: Alice Pereira (973) 496-3916 PR@avisbudget.com
1 Year Avis Budget Chart |
1 Month Avis Budget Chart |
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