Avis Budget Group (NASDAQ: CAR) Archives

Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Is Avis Budget (CAR) worth $298.07?

So why is a car rental company so popular with investors? Well, Avis Budget is growing fast. Stockrow estimates Avis Budget’s revenues grew by 211.97% in the quarter ending on 30 June 2021, 95.63% in the quarter ending on 30 September 2021, and 89.59% in the quarter ending on 31 December 2021.

Opportunities

daniel July 15, 2019July 19, 2019 Avis Budget Group (NASDAQ: CAR), Car Ownership Makes little sense, FSD vehicle, full-self driving (FSD) vehicles, Is Avis Budget an Acquisition Target?, Is Avis Budget the Future of Automobiles?, Is Avis-Budget Making Money?, Self-Driving Cars and Carsharing, The end of Car Ownership is an opportunity for Avis-Budget Group, Will Avis Budget Dominate Car Sharing?, Zipcar

Is Avis Budget the Future of Automobiles?

Thus, car ownership makes little sense from a policy or economic standpoint. Pointedly, most defenses of car ownership make appeals to emotion rather than hard facts. Consequently, we need to ask when not if the private car disappear.

Market Insanity

daniel May 17, 2019May 17, 2019 autonomous vehicle platform, Avis Budget Group (NASDAQ: CAR), How Autonomous Vehicles could Make Money, How Car Rentals can Kill Uber and Lyft, How Much is Lyft Worth?, How Self-Driving Cars Could Kill Uber and Lyft, is Rideshare profitable?, Lyft (NYSE: LYFT), Lyft Customers Do no Have that Much Money, Lyft Makes No Money, there is no evidence Lyft is making money. Nor is there any sign that Lyft can make money in the future., Uber (NASDAQ: UBER), Uber and Lyft will Collapse, Unfortunately, Waymo, Waymo One, Zipcar

Lyft Makes No Money, is Rideshare profitable?

In fact, the average Lyft driver earns between $364 and $377 a month, Business of Apps estimates. Thus like Lyft stockholders. Lyft drivers are probably losing money on their investment.

Long Ideas

daniel October 27, 2017 A Growing Trend of Vehicle Restrictions, Avis Budget Group (NASDAQ: CAR), BMW (OTC: BMWY), Boon for Ride-Hailing and Rental Vehicles, congested cities to try and restrict vehicles., Didi, Fiat Chrysler (NYSE: FCAU), General Motors (NYSE: GM), Hertz (NYSE: HTZ), Lyft, Maven, No additional cars will be allowed in Singapore, ReachNow, Singapore Limits number of Cars in City, Waymo

Singapore Limits number of Cars in City

Singapore is only the latest in a growing number of congested cities to try and restrict vehicles. London is planning a £10 ($13.17) charge for older vehicles, while Paris has banned many older vehicles completely, The Guardian reported

Market Insanity

daniel June 1, 2017 Are Avis-Budget and Hertz Acquisition Targets?, Avis Budget Group (NASDAQ: CAR), BMW (OTC: BMWY), BMW and Mini, BMW’s resources make ReachNow a threat to car-rental companies, Can Hertz and Avis-Budget Compete with BMW?, combination car-rental and ridesharing app, General Motors is a Threat to Avis-Budget and Hertz, Hertz Global Holdings (NYSE: HTZ), high-end car rental alternative, Is BMW now a Threat to Hertz and Avis-Budget?, Maven, ReachNow, ride-hailing apps have damaged Hertz and Avis’s business, Should BMW be in the Car-Rental Business?, Will Hertz and Avis-Budget Survive?, Zipcar

Should BMW be in the Car-Rental Business?

Hertz Global Holdings (NYSE: HTZ) and Avis Budget Group (NASDAQ: CAR) have a dangerous new competitor. BMW (OTC: BMWY) has entered the car-rental business.

The German automaker has launched ReachNow; a combination car-rental and ridesharing app, in three U.S. markets; Seattle, Brooklyn, and Portland, Oregon. ReachNow offers short-term car rentals similar to Avis’s Zipcar, an Uber-type car service and one to five day use of rental cars.