Press Release Details

PARSIPPANY, N.J., March 31, 2014 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR) announced today that SiriusXM is now available to a majority of Avis Car Rental and Budget Car Rental customers via factory-installed satellite radios. The new offering gives customers even easier access to commercial-free music, premier sports talk and live events, comedy, news, exclusive talk and entertainment, and the most comprehensive Latin music, sports, and talk programming in radio. The in-dash access to SiriusXM replaces the portable plug and play satellite radio previously offered to Avis and Budget renters.

Customers can listen to SiriusXM via factory-installed satellite radios in more than 60 percent of the Company's fleet available at Avis Car Rental and Budget Car Rental locations across the United States.

Avis and Budget renters have access to SiriusXM's full premium satellite radio lineup, including Howard Stern; Oprah Radio; every NFL, MLB^® and NHL^® game; every NASCAR^® race; 24/7 sports talk on SiriusXM NFL Radio; SiriusXM NASCAR Radio; MLB Network Radio™; SiriusXM NHL^® Network Radio; SiriusXM PGA TOUR^® Radio; Bob Edwards; Opie & Anthony; IZOD IndyCar^® Series races; NBA games; and more.

"SiriusXM continues to be a popular ancillary service with Avis and Budget customers," said Tom Gartland, president, North America, Avis Budget Group. "Giving our customers access to factory-installed satellite radio not only adds convenience, it is also operationally more efficient. We no longer have to keep track of free-standing units because now we can simply activate the service in the vehicle for customers who add it to their rental."

SiriusXM is available at major airports and select off-airport locations, including Atlanta, Baltimore, Boston, Chicago, Dallas/Fort Worth, Denver, Detroit, Houston, Las Vegas, Los Angeles, Miami, New York, Orlando, Philadelphia, Phoenix, Portland, Ore., Salt Lake City, San Francisco, Seattle, St. Louis and Washington, D.C. The service is available for $6.99 for the first rental day, and $3.99 for each additional rental day; $19.99 per week (rentals of five to seven days); and a maximum of $29.95 per rental.

For more information or to add SiriusXM to an Avis or Budget rental, customers should visit www.avis.com or www.budget.com.

About Avis Budget Group

Avis Budget Group, Inc. is a leading global provider of vehicle rental services, both through its Avis and Budget brands, which have more than 10,000 rental locations in approximately 175 countries around the world, and through its Zipcar brand, which is the world's leading car sharing network, with more than 860,000 members. Avis Budget Group operates most of its car rental offices in North America, Europe and Australia directly, and operates primarily through licensees in other parts of the world. Avis Budget Group has approximately 29,000 employees and is headquartered in Parsippany, N.J. More information is available at www.avisbudgetgroup.com.

CONTACT: Alice 
Pereira

         (973) 496-6113

         PR@avisbudget.com