Press Releases

Proceeds to be Used to Repay a Portion of the Company's 8.25% Senior Notes Due 2019...

Avis is #1 in Customer Loyalty for 15th Consecutive Year...

Live Webcast Available at 12:45 p.m. Eastern Time...

PARSIPPANY, N.J., March 5, 2014 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR) today announced the launch of new mobile applications for customers of Avis Car Rental and Budget Car Rental. The new apps provide travelers with an enhanced user experience, greater transparency and mobile...

PARSIPPANY, N.J., Feb. 28, 2014 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc.(Nasdaq:CAR) announced today that it will operate the Budget Car Rental brand in Portugal directly, effective immediately. Prior to this announcement, Avis Budget Group's corporate-operated locations in Portugal had been...

PARSIPPANY, N.J., Feb. 27, 2014 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR) announced today that it has agreed to acquire its existing Budget Car & Truck Rental licensee in Edmonton, Alberta, Canada, comprising 26 rental locations in seven cities in total. This investment of...

For the quarter, revenue increased 9% to $1.8 billion. Adjusted EBITDA increased 46% to $114 million, excluding certain items. Diluted earnings per share were $0.15, excluding certain items, on a GAAP net loss of $28 million. Full-year diluted earnings per share were $2.20, excluding certain items,...

Conference Call to Discuss Results Scheduled for February 20, 2014...

PARSIPPANY, N.J., Feb. 10, 2014 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR) today introduced Avis Direct, a used car sales program exclusively for licensed automobile dealers. With a dedicated website for dealers, this initiative offers dealers a wide selection of late-model,...