Avis Budget Group Inc. $(CAR)$ reported its financial results for the second quarter of 2025, achieving revenues of $3.0 billion. The company recorded a net income of $5 million and an Adjusted EBITDA of $277 million. In the Americas, Adjusted EBITDA rose to $220 million compared to $186 million in the same period last year, attributed to lower fleet costs and improved vehicle utilization. International operations saw an increase in Adjusted EBITDA to $82 million from $48 million last year, driven by stronger pricing and reduced fleet costs. During the quarter, Avis Budget launched "Avis First," a premium car rental service offering features such as curbside pick-up and drop-off with a dedicated concierge and premium vehicles. In terms of financial strategy, the company issued $600 million of unsecured Senior Notes in May and utilized the proceeds to repay existing debts. Additionally, Avis Budget extended the maturity date of its $1.1 billion floating rate term loan to July 2032. The company's liquidity position at the end of the quarter was nearly $950 million, with an additional $1.7 billion of fleet funding capacity.