Press Releases

PARSIPPANY, N.J. and PONTE VEDRA BEACH, Fla., March 13, 2013 (GLOBE NEWSWIRE) -- PGA TOUR and Avis Car Rental announced today that Brandt Snedeker has been voted the February 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., March 11, 2013 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR) announced today that it has entered into a three-year, €500 million (approximately $650 million) European rental fleet securitization program, providing the Company's subsidiaries in Germany, Italy and Spain...

PARSIPPANY, N.J., March 8, 2013 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR) announced today that it has completed approximately $525 million in debt financing intended to fund its pending acquisition of Zipcar (Nasdaq:ZIP). As part of the funding package, the Company issued its first...

Merger Transaction Expected to Close During Week of March 11...

Merger Transaction Now Expected to Close During Week of March 11...

Company's Drive for Process Improvement is Ongoing...

PARSIPPANY, N.J., March 4, 2013 (GLOBE NEWSWIRE) -- Avis Car Rental today announced its 10 th anniversary in the People's Republic of China. Established in 2003 as a joint venture with Shanghai Automotive Industry Corporation, one of the largest car manufacturers in China, Avis China was the first...

Live Webcast Available at 12:00 Noon Eastern Time...

PARSIPPANY, N.J., Feb. 27, 2013 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR) today announced that the Company has recognized more than 1,000 Customer Experience Owners (C.E.O.s). Introduced in North America in 2011, the C.E.O. program highlights the achievements of team members who have...