Avis Budget Expands Fleet, Now Flaunts a Maserati Ghibli

Zacks

Avis Budget Group, Inc. (CAR) has added Maserati’s Ghibli to its Avis Car Rental’s fleet. Ghibli is available at only select locations, including Dallas, Las Vegas, Los Angeles, Phoenix, Orlando, San Francisco and South Florida.

The 2015 Ghibli, Italian car maker’s newest offering, is a sports sedan that has a 3.0-liter, twin-turbocharged V6 engine designed to reduce fuel consumption and emissions. Moreover, it boasts of next-generation 8-speed ZF automatic transmission that is controlled by auto-adaptive software that facilitates accurate gear shifts. Further, double-wishbone front suspensions and the five-arm multilink system add to the car’s performance. It is the first Maserati car that runs on a diesel engine.

Avis Car Rental has added Ghibli to its fleet in order to satisfy customers who want both style and excellent performance. Apart from Ghibli, the fleet’s other luxury offerings include Lincoln Navigator, Infiniti QX60, Mercedes GL450, BMW X5, the BMW 3 Series Sedan, BMW 5 Series Sedan and Chevrolet Corvette.

Avis Budget Group is a leading vehicle rental company in North America, Australia and New Zealand. Moreover, a formidable network of over 10,000 rental locations in nearly 175 countries along with its acquisition of leading car-sharing network, Zipcar, enables the company to strengthen its well-established position in a highly competitive vehicle rental industry.

Currently, Avis Budget Group carries a Zacks Rank #3 (Hold).

Other Stocks to Consider

Better ranked stocks in the same sector include comScore, Inc. (SCOR), Core-Mark Holding Company, Inc. (CORE) and ExamWorks Group, Inc. (EXAM). All carrying a Zacks Rank #2 (Buy).

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