Press Releases

PARSIPPANY, N.J., Sept. 13, 2011 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq: CAR ) has received CEO Cancer Gold Standard ™ accreditation, in recognition of the Company's extraordinary commitment to the health of their employees and families....

• Revenue expected to increase 7-8% year-over-year, to $1.6 billion.
• Adjusted EBITDA expected to increase more than 20%, to $265-275 million, excluding certain items.
• Pretax income expected to increase approximately 30%, to $200-210 million, excluding certain items.

Transaction Will Enable the Company to Replace Vehicle-Backed Debt Maturing in 2012 at Substantially Lower Rates...

Company Deploys RFID Technology to Serve Hourly, Daily and One-Way Rental Needs of Corporate Clients On-Site...

• Revenue increased 9% compared with second quarter 2010.
• Adjusted EBITDA increased 95%, excluding certain items.
• Net income doubled to $52 million compared with second quarter 2010.

PARSIPPANY, N.J., Aug. 3, 2011 (GLOBE NEWSWIRE) -- The start of a new school year can be challenging for students and parents alike. Tuition, making new friends and hitting the books are just a few of the tests you have to face. Getting there does not have to be one of them and it doesn't have...

Avis Budget Group Updates Plans for Financing the Acquisition...

PARSIPPANY, N.J., July 28, 2011 (GLOBE NEWSWIRE) -- Avis Rent A Car has released a mobile application for Microsoft Windows Phone 7 smartphones that allows travelers to make real-time reservations for rentals at Avis neighborhood and airport locations throughout the United States and Canada....