Avis is cutting jobs, closing off-airport locations, reducing fleet size, and restructuring depts to cut costs. It acquired $2.45B in extended financing which will permit it to buy replacement vehicles through a deal with GM.
Avis is cutting jobs, closing off-airport locations, reducing fleet size, and restructuring depts to cut costs. It acquired $2.45B in extended financing which will permit it to buy replacement vehicles through a deal with GM.