Press Releases

BRACKNELL, England, April 10, 2017 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ:CAR), a leading global provider of vehicle rental services, today announced the completion of a transaction that will allow the Company to operate the Budget brand in Poland directly and to expand its presence in...

PARSIPPANY, N.J., April 04, 2017 (GLOBE NEWSWIRE) -- For the 18 th consecutive year, Avis Car Rental has been ranked the #1 car rental company in the Brand Keys Customer Loyalty Engagement Index ® . The 2017 study examined brands in 83 categories. Avis received the highest marks in the car rental...

PARSIPPANY, N.J., April 03, 2017 (GLOBE NEWSWIRE) -- Whether you're planning your dream vacation or just want to work in a round of golf on your next business trip, Avis has you covered. Now through June 30, 2017, Avis customers who rent a vehicle for at least two consecutive days will receive a...

PARSIPPANY, N.J., March 16, 2017 (GLOBE NEWSWIRE) -- Budget Car Rental, an industry leader in providing vehicle rental services to value-conscious travelers, has enhanced customers' online experience with the launch of its redesigned website, www.budget.com ....

PARSIPPANY, N.J., March 13, 2017 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ:CAR) has been featured on the annual list of America's Top Corporations for Women's Business Enterprises (WBEs) by the Women's Business Enterprise National Council (WBENC)....

PARSIPPANY, N.J., March 09, 2017 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ:CAR) today announced that it has expanded its consumer car sales program to an additional 11 states in the United States, bringing the program's availability to nearly 40 states across the country....

PARSIPPANY, N.J., March 08, 2017 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ:CAR) announced today that its wholly-owned subsidiary, Avis Budget Finance plc, has completed an offering of €250 million aggregate principal amount of 4.5% Senior Notes due 2025 in a private offering....

PARSIPPANY, N.J., March 01, 2017 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ:CAR) announced today that its wholly-owned subsidiary, Avis Budget Finance plc, intends, subject to market and other customary conditions, to offer €250 million aggregate principal amount of senior notes due 2025...

Revenue declined 1% in the fourth quarter, to $1.9 billion. Net loss was $31 million, and Adjusted EBITDA was $121 million in the fourth quarter. Diluted loss per share was $0.35, and adjusted diluted earnings per share were $0.15 in the fourth quarter....