Enterprise Ends Fiscal Year 2018 with $24.1B Revenue

Enterprise Ends Fiscal Year 2018 with $24.1B Revenue

From cars on rents to self-driven cars the first name that comes to your mind when planning for a rental is Enterprise. The company has become the biggest brand in this industry and is all set to break all records with its growth and development.

Enterprise Holdings Inc. just scored the record-breaking fiscal year 2018 financial records with more revenues, transactions, vehicles, locations, investments, and customer miles logged than previous years. Just go ahead and book a car and avail amazing discounts using Amazon coupon while billing and experience world-class service.

During ar 2018, Enterprise Holdings together with its affiliate Enterprise Fleet Management increased annual revenues 8% to $24.1 billion. Total transactions exceeded 72 million for Enterprise Holdings’ portfolio of car rental brands: Enterprise Rent-A-Car, National Car Rental, and Alamo Rent A Car. Global fleet size grew to 2 million. In addition, Enterprise Holdings’ fully staffed neighborhood and airport locations, which increased to more than 10,000, facilitated more than 30 billion miles logged by customers worldwide.

Enterprise Holdings currently makes capital investments or commitments through its wholly owned entity, Clayton Venture Partners, which invests in post-revenue companies that have proven business models and an emphasis on emerging transportation technology and mobility. During FY18, Enterprise Holdings completed new investments in Mobi, a human-centric real-time routing, assessment, and planning Technology Company; and Migo, a multi-modal ground transportation metasearch app; as well as others that have yet to be announced.

Constant Innovation is their key to success

While investments in emerging technologies plant seeds for future services, Enterprise Holdings, and its affiliates are also committed to the kind of innovation, problem-solving and industry leadership that helps customers meet their current mobility needs today and in the future. For example, during FY18, they:

  • Partnered with Voyage, a company that is developing autonomous automotive options for communities across North America.
  • Participated in a New York City car sharing program that dedicates hundreds of parking spots in more than a dozen neighborhoods in four boroughs.
  • Helped businesses run their truck fleets more efficiently and meet new federal operating standards with Enterprise Telematics.
  • Kicked off a new “Move Forward” marketing campaign that explores how innovators are using transportation technology to improve modern cities.

Throughout the company’s 60 years, Enterprise has created innovative projects such as:

  • Pioneering an integrated network of neighborhood car rental services right where people live and work.
  • Offering local customers free pick-up.
  • Trademarking Virtual Car.
  • Developing an automated system to better collaborate with collision repair centers as well as streamline communications with insurance companies and customers.
  • Launching hourly car rentals and then later carsharing in the U.S., Canada, and the U.K. as a natural extension of its business rental program and longtime focus on local communities.
  • Introducing Enterprise LaunchPad mobile tablets to move employees away from the counter, enhance situational awareness, streamline administrative processes, and provide real-time access to vehicle locations.

The company is known for 100% customer satisfaction which indeed is the organization’s motto.

For more than 60 years, the founders and owners, the Taylor family, have put a significant portion of the companies’ cumulative earnings right back into their privately held business – into building operations, creating opportunities for employees, and serving Enterprise Rent-A-Car, National Car Rental and Alamo Rent A Car customers.

The Enterprise Holdings global network also currently operates in more than 90 countries and territories and opened its 10,000th location in 2018. The company’s three brands now serve more than 95 percent of the worldwide car rental market, with Enterprise, National and Alamo customers logging more than 30 billion miles worldwide every year.

Conclusion

Now traveling at odd hours or to your favorite road trips is not going to be an expensive affair as the world’s best car rental company is here to offer its users with amazing deals and discounts by availing enterprise coupon code on various services of the organization. All you need to do is to log in to the store and get going.

 

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