CAR Benefits From Demand in North America Despite Rising Fleet Costs

Avis Budget Group, Inc.’s (CAR) top line is gaining from the surge in demand for the North American car rental industry. The company tackles supply-chain disruption by acquiring vehicles at favorable prices and adjusting its fleet size swiftly per demand. Shareholder-friendly policies are added advantages.Meanwhile, rising fleet costs weigh on the company’s bottom line. Avis Budget Group struggles to boost profitability and scalability due to heightened competition within the car rental industry.CAR reporte ...