Avis Budget Group, Inc.’s CAR stock has declined 6.8% since reporting fourth-quarter 2024 results. This fall can be ...

Avis Budget’s Chief Executive Officer Joe Ferraro is stepping down and will be succeeded by Brian Choi, its chief ...

NEW YORK, NY / ACCESS Newswire / February 15, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Avis ...

Avis Budget Group ( NASDAQ: CAR) swung to a huge loss in the fourth quarter due to a $2.5B impairment charge on its fleet, ...

BofA lowered the firm’s price target on Avis Budget (CAR) to $120 from $140 and keeps a Buy rating on the shares. The firm “modestly” reduced ...

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 ...

Car rental services provider Avis (NASDAQ:CAR) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 2% ...

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 ...

Outgoing Avis Budget Group CEO Joe Ferraro on a Wednesday earnings call defended the company's decision to significantly accelerate its fleet rotation strategy, which resulted in a fourth-quarter ...

Avis Budget Group has named former ABG CFO Brian Choi as its new CEO, effective July 1. Current CEO Joe Ferraro, who has been ...

Avis Budget’s CAR-0.80%decrease; red down pointing triangle Chief Executive Officer Joe Ferraro is stepping down and will be succeeded by Brian Choi, its chief transformation officer.