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Rental cars lined up in front of an Avis-Budget storefront outlet.
Newsby News/Media ReleaseFebruary 20, 2026

Avis Budget Group Reports Near $1 Billion Loss Tied To 2025 EV Fleet Write-Down

Following Hertz, the company is the second global car rental conglomerate to sustain sizable losses due to lower customer demand and usage of electric rental cars.

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Renderings Show Updated Car Rental Counters at Long Beach Airport

Car rental companies operating at the Long Beach (Calif.) Airport will be getting a new home, as the airport enters into its second phase of renovations.

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