More on Avis Budget Group (CAR): Q4 misses on all fronts due to acquisition-related charges...

|About: Avis Budget Group, Inc. (CAR)|By:, SA News Editor

More on Avis Budget Group (CAR): Q4 misses on all fronts due to acquisition-related charges stemming from its purchase of Avis Europe in October, 2011. Revenue actually increased 33% Y/Y on a jump in day rental volume plus a reduction in pricing. Shares -3.2% AH.