Avis grows rental fleet 40% YoY in Q4 by leveraging OEM relationships

Avis Budget Group increased its fleet size in the fourth quarter of 2021 by purchasing new vehicles from OEMs as other rental companies have turned to the used market to top off their fleets amid growing demand for travel. Avis’ U.S.-based average rental fleet grew 40% YoY and 0.23% sequentially in Q4 to 435,403 vehicles, […]