Car Sharing Market Set to Accelerate at a CAGR of 21.12% from 2023 to 2028, Driven by Technological Innovations and Stringent Emission Regulations [Yahoo! Finance]
Avis Budget Group, Inc. (CAR)
Last avis budget group, inc. earnings: 2/19 04:00 pm
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Source: Yahoo! Finance
Projected Growth Influenced by Increasing Autonomous Vehicle Investments and Adoption of Shared Mobility Solutions Recent analysis of the global car sharing market reveals a significant growth trajectory, with an expected increase of USD 17.59 billion during the forecast period of 2023-2028. The market's expansion is estimated to hasten at an impressive compound annual growth rate (CAGR) of 21.12%. This surge is largely attributable to concerted efforts by governments worldwide to enforce stricter emission control policies, the escalating commitments and partnerships amongst automobile producers in the car sharing domain, and the surging adoption of shared mobility options as a countermeasure to escalating traffic congestion and pollution levels. Key Market Segments Reflect Diverse User Preferences Industry segmentation delivers insights into the behavior and preferences of different user groups. The market can be dissected into two primary end-user categories: Business I
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News
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CAR
Earnings
- 2/12/24 - Beat
CAR
Sec Filings
- 4/3/24 - Form DEFA14A
- 4/3/24 - Form DEF
- 3/18/24 - Form 8-K
- CAR's page on the SEC website