Press Releases

PARSIPPANY, N.J. and TORONTO, March 3, 2015 (GLOBE NEWSWIRE) -- Avis Budget Group and Rugby Canada today announced a new multi-year partnership designating Avis Car Rental, Budget Car Rental and Budget Truck Rental as official partners for the national sport organization....

Maggiore Is the Leading Independent Car Rental Company in Italy, with More than $160 Million in Annual Revenue...

Live Webcast Available at 12:30 p.m. Eastern Time...

Revenue increased 2% to $1.9 billion. Adjusted EBITDA increased 13% to $129 million. Diluted earnings per share increased 53% to $0.23, excluding certain items, on GAAP net income of $23 million. Full-year diluted earnings per share were $2.96, a 35% increase excluding certain items, on GAAP net...

Live Webcast Available at 9:00 a.m. Eastern Time...

PARSIPPANY, N.J., Feb. 9, 2015 (GLOBE NEWSWIRE) -- Avis Budget Group (Nasdaq:CAR) today announced that it has signed an agreement with Barloworld Ltd, which operates the Avis Car Rental brand in southern Africa, to also operate the Budget Car Rental brand there, effective March 1, 2015....

PARSIPPANY, N.J., Feb. 3, 2015 (GLOBE NEWSWIRE) -- Avis Car Rental has been named the "World's Leading Car Rental Company," the "World's Leading Luxury Car Rental Company" and its website, Avis.com, has been recognized as the "World's Leading Car Rental Company Website" at the 2014...

PARSIPPANY, N.J., Jan. 29, 2015 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR) announced today that its Avis Budget Rental Car Funding (AESOP) LLC subsidiary has completed an offering of $650 million of five-year, fixed-rate asset-backed bonds with a weighted average interest rate of...

PARSIPPANY, N.J., Jan. 29, 2015 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR), a leading provider of vehicle rental services, announced today that it has completed its previously announced acquisition of its licensee for the Avis and Budget brands in Norway, Sweden and Denmark....