Press Releases

Revenue increased 10% to $2.2 billion. North America pricing increased 4%, excluding Payless. Adjusted EBITDA increased 19% to $213 million. Diluted earnings per share increased 36% to $0.68, excluding certain items, on GAAP net income of $26 million....

PARSIPPANY, N.J., July 29, 2014 (GLOBE NEWSWIRE) -- Avis Car Rental began operations in Canada in 1953 and for more than 60 years has served both business and leisure travelers alike with clean, well-maintained late-model vehicles and premium service....

PARSIPPANY, N.J., July 28, 2014 (GLOBE NEWSWIRE) -- Budget Car Rental today announced that it has expanded its operations in Argentina with the opening of three new rental facilities. The new locations include one at Ezeiza International Airport in Buenos Aires, another at Jorge Newbery Airfield,...

PARSIPPANY, N.J. and PONTE VEDRA BEACH, Fla., July 17, 2014 (GLOBE NEWSWIRE) -- PGA TOUR and Avis Car Rental announced today that Martin Kaymer has been voted the June PGA TOUR Player of the Month presented by Avis. As the official rental car company of the PGA TOUR, Avis will make a $50,000...

PARSIPPANY, N.J., July 15, 2014 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR) announced today that it plans to report its second quarter 2014 results after the market close on Monday, August 4, 2014, and to host a conference call to discuss such results on Tuesday, August 5, 2014 at 8:30...

PARSIPPANY, N.J., July 14, 2014 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR) is expanding its presence on social media. The Company today announced that it has launched local Facebook, Foursquare and Google Places pages for each of its Avis Car Rental, Budget Car Rental and Budget Truck...

25 Organizations Receive $200,000 in cash & Zipcar credit to help improve communities across the U.S....

PARSIPPANY, N.J., June 30, 2014 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR) today announced that Avis Car Rental and Budget Car Rental customers can now rent portable Wi-Fi devices in twelve European countries. The new offering provides customers with access to 1GB of data per day...

PARSIPPANY, N.J., June 24, 2014 (GLOBE NEWSWIRE) -- Budget Car Rental is doubling its number of rental facilities in Germany. As part of the Company's strategic growth initiative, Budget has opened more than 100 new locations since April and plans to open 50 additional facilities next month....