As a part of its strategic growth plan, Avis Budget Group Inc. CAR has extended its consumer car sales program to North and South Carolina in order to boost efficiency and get maximum returns from car sales. Avis has partnered with Innovative Funding Services to carry out this program.
The program will allow the people of Tar Heel and Palmetto State to test drive and buy the latest vehicles of Avis Car Rental and Budget Car Rental at good deals. Customers can make the purchases online and drive any vehicle of their choice by scheduling a test drive as per their convenience.
Apart from the above mentioned regions, the company’s consumer car sales program is available in Arizona, California, Colorado, Florida, Georgia, Illinois, Kentucky, Maryland, Massachusetts, Michigan, Minnesota, New Jersey, Ohio, Tennessee, Texas, Virginia and Washington. The program features vehicles of over 100 makes and models from renowned manufactures across the globe including BMW, Chrysler, Ford Motor Co. F, General Motors Co. GM, Kia, Nissan, Toyota Motor Corp. TM, and Volkswagen, among others.
Avis Budget operates as a leading provider of vehicle rental, vehicle leasing and limousine/chauffeur drive services. The company’s focus on expansion is an integral part of its global strategic plan.
Avis Budget’s expansion strategy has been moving in full swing via alliances, acquisitions and joint ventures. In an effort to enhance its global footprint, the company invests in other growing markets where car rental demand is on the rise. Some of the recent ventures to expand globally include its multiyear preferred partnership deal with JetBlue Airways and Southwest Airlines; becoming the Official Rental Partner of Pebble Beach Resorts; expansion of Zipcar to Wilmington and Ottawa; strengthening Asian footprint; and acquisition of Italy-based Maggiore.
Also, this Zacks Rank #3 (Hold) company remains focused on fortifying its fleet with the addition of latest car models from leading manufactures, to attract customers. We believe that these strategies, along with better customer support systems, will boost the company’s top line.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Be the first to comment