Press Releases

Conference Call to Discuss Results Scheduled for November 2, 2012...

PARSIPPANY, N.J., Oct. 29, 2012 (GLOBE NEWSWIRE) -- As part of its strategic growth initiative to expand its global footprint, Budget Car Rental has significantly strengthened its presence in Spain with the opening of 60 new car rental facilities in the first half of 2012....

PARSIPPANY, N.J. and SALT LAKE CITY, Oct. 24, 2012 (GLOBE NEWSWIRE) -- Budget Truck Rental and Extra Space Storage have teamed up to provide customers with additional convenience and reliability. Under the new agreement, select Extra Space Storage locations across the United States will feature...

PARSIPPANY, N.J., Oct. 22, 2012 (GLOBE NEWSWIRE) -- There's a new way to get around the Republic of Singapore. Budget Car Rental, one of the world's leading vehicle rental brands, today announced the official opening of its rental location in Singapore, at Changi International Airport....

PARSIPPANY, N.J., Oct. 18, 2012 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR) announced today that its Avis Budget Rental Car Funding (AESOP) LLC subsidiary has renewed its U.S. asset-backed bank conduit facility to October 2014. Under the terms of the extension, the Company reduced the...

Conference Call to Discuss Results Scheduled for October 31, 2012...

PARSIPPANY, N.J., Oct. 16, 2012 (GLOBE NEWSWIRE) -- Traveling internationally this fall? If you're planning or longing to visit Africa, Asia, Australia, the Caribbean, Europe, Latin America, Mexico, the Middle East or New Zealand, Avis Car Rental has a special offer for you....

PARSIPPANY, N.J., Oct. 15, 2012 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR) today announced the addition of 235 new positions to its Business Support Center (BSC) in Budapest, Hungary. The expansion will streamline financial, administrative and customer-service processes for the...

PARSIPPANY, N.J., Oct. 9, 2012 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR) announced today that its wholly-owned subsidiary, Avis Budget Car Rental, LLC, has closed an offering of $200 million of term loan borrowings due 2019. The interest rate on the new term loan borrowings is nearly...