LONDON--(Marketwire - Nov 12, 2012) - For companies in the rental and leasing services industry, such as Avis Budget Group Inc. and Hertz Global Holdings Inc., the pickup in business and leisure travel since the end of the recession have been beneficial. Third quarter financial results indicate that a number of companies also saw improved sales as a result of prior acquisitions and that lower operating and vehicle costs helped to improve margins.
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Expansion seems to be the name of the game at present, as rental and leasing companies push into new geographies and markets. Many have been using acquisitions to enter new areas. However, further consolidation may soon take place in the domestic industry if approval from the Federal Trade Commission is granted. Analyst opinion on Avis Budget Group Inc. accessible for free at
In this highly competitive industry, companies are always looking for ways to stand out and enhance their market share. Technology and gadgets are becoming increasingly important to consumers and industry players are working hard to meet their needs. The new must-have addition could be portable WiFi service via pocket-sized 3G units, which have recently been introduced. See what our analysts have to say on Hertz Global Holdings Inc. Follow the Link below
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