Press Releases

New service will allow members to pick up and drop off vehicles anywhere in the city World's leading car sharing network to extend international footprint in Europe BRUSSELS, Belgium, May 31, 2016 (GLOBE NEWSWIRE) --  Zipcar, the world's leading car-sharing network, today announced its intention to...

Live Webcast Available at 8:30 a.m. Eastern Time...

PARSIPPANY, N.J., May 25, 2016 (GLOBE NEWSWIRE) -- With Memorial Day weekend just around the corner, many American families will be taking to the roads. In fact, according to the Associated Press, "2016 is shaping up to be the summer of the road trip." Let Budget Car Rental help you make the most...

PARSIPPANY, N.J., May 23, 2016 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ:CAR) announced today that it has extended the maturity date for $825 million of its $970 million of existing corporate term loan borrowings by three years, from March 2019 to March 2022.  The extended portion of the...

Live Webcast Available at 9:20 a.m. Eastern Time...

Revenue increased 2% in the first quarter to $1.9 billion and grew 3% in constant currency. Adjusted EBITDA was $44 million. Adjusted diluted loss per share was $0.28, and GAAP diluted loss per share was $0.53. Company reaffirms its 2016 Adjusted EBITDA and earnings per share estimates....

Parsippany, N.J., April 28, 2016 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ:CAR) has been selected as one of "America's Top 50 Organizations for Multicultural Business Opportunities for 2016." Presented by DiversityBusiness.com, the nation's leading multicultural business-to-business...

PARSIPPANY, N.J., April 25, 2016 (GLOBE NEWSWIRE) -- Residents of the Beaver State and the Beehive State can now test-drive and purchase quality, well-maintained, late-model vehicles at discounted prices from Avis Car Rental and Budget Car Rental through the expansion of Avis Budget Group's...

Conference Call to Discuss Results Scheduled for May 4, 2016...