The used car retailer that bought the ADESA auction group this year blames high used car prices and rising interest rates for sinking consumer demand.
A day after filing an amended 10-K that casts doubt on the electric-truck maker’s survival into 2022, the company said it has “multiple avenues to raise capital."
Reporting its full-year 2020 Results, Europcar Mobility Group cited limited visibility on when rental car demand will recover; U.S. business a bright spot.
In the 2019 fiscal year, the organization recorded more revenue, transactions, vehicles, locations, and customer miles logged than ever before.
Enterprise Holdings achieved annual revenues of $22.3 billion in fiscal year 2017, while fleet size remained equal to 2016 at 1.9 million vehicles. Share of airport business is now 38%.
LeasePlan reported its financial results for the first half of 2013, stating that its net profit for the six-month period ending June 30, 2013, increased 38.9 percent over the same period in 2012.
PHH Corp. announced its financial results for the first quarter of 2013. The company’s fleet management services division showed a profit of $21 million, which is up $1 million from the fourth quarter of 2012 but down $3 million when compared with the first quarter of 2012.
Ford Motor Co. posted a full-year, pre-tax profit of $8 billion and net income of $5.7 billion. The automaker said these profits are due to the strength of record sales results from North America and “solid performance” from Ford Credit.
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