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Budget Enhances Its Reward Program for Small Businesses, Allowing Customers to Earn 50 Percent More Value
Aug 13, 2012
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PARSIPPANY, N.J., Aug. 13, 2012 (GLOBE NEWSWIRE) -- For small and mid-sized businesses, managing travel costs is critically important. In recognition of this, Budget Car Rental has revamped its Business Program to bring small and mid-sized businesses the opportunity to earn even more rewards and help offset business travel costs. Now, Budget Busine...
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Ernie Els Voted July PGA TOUR Player of the Month Presented by Avis
Aug 8, 2012
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PARSIPPANY, N.J. and PONTE VEDRA BEACH, Fla., Aug. 8, 2012 (GLOBE NEWSWIRE) -- PGA TOUR and Avis Car Rental announced today that Ernie Els has been voted the July 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 contribution to the Els for Autism Foundation.
In a fan de...
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Avis Budget Group Reports Record Second Quarter Results
Aug 1, 2012
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Revenue grew to $1.9 billion, a 32% increase from second quarter 2011.Adjusted EBITDA increased 39% to $266 million, excluding certain items, the Company's highest-ever second quarter result.Pretax income increased 32% to $171 million, excluding certain items, and was $129 million on a GAAP basis.Diluted earnings per share grew 49% to $0.94 per sha...
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Avis Budget Group Completes $690 Million Asset-Backed Bond Offering
Jul 31, 2012
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PARSIPPANY, N.J., July 31, 2012 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR) announced today that its Avis Budget Rental Car Funding (AESOP) LLC subsidiary has completed an offering of $690 million of asset-backed bonds with a weighted average interest rate of approximately 2.2%, the lowest rate on a five-year, fixed rate ABS bond offer...
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Go Mobile with Budget Car Rental's New Mobile Apps
Jul 30, 2012
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Mixing Business with Pleasure? New Discounts from Avis Help Travelers Enjoy Leisure Benefits on Business Trips
Jul 27, 2012
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Travelers in Germany Can Now Stay Connected and Save Money With New Avis Wi-Fi Service
Jul 25, 2012
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PARSIPPANY, N.J., July 25, 2012 (GLOBE NEWSWIRE) -- Avis Car Rental today announced the availability of portable wireless network devices for rent at seven airport locations in Germany. The Wi-Fi devices allow car rental customers to simultaneously connect up to five mobile devices, including laptops, smartphones, tablets and even video game consol...
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Avis Expands Asia Network With Launch of Taiwan Operations
Jul 23, 2012
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PARSIPPANY, N.J., July 23, 2012 (GLOBE NEWSWIRE) -- Avis Car Rental has officially entered the Taiwan market with the opening of three rental locations in Taiwan, making Avis the first international car rental company currently operating on the island.
The new Avis facilities, located at Tao Yuan International Airport, downtown Chu-Pei City and...
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Avis Budget Group to Announce Second Quarter Results on August 1
Jul 18, 2012
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PARSIPPANY, N.J., July 18, 2012 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR) announced today that it plans to report its second quarter 2012 results after the market close on Wednesday, August 1, 2012 and to host a conference call to discuss such results on Thursday, August 2, 2012 at 8:30 a.m. Eastern time.
Investors may access the...
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Avis Budget Group Marks Five Years of Performance Excellence
Jul 10, 2012
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PARSIPPANY, N.J., July 10, 2012 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR) this month celebrates the fifth anniversary of its award-winning Performance Excellence process-improvement initiative, which has helped the Company generate more than $275 million in annual cost savings and other benefits since the program was launched in 2007...
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Tiger Woods Voted June PGA TOUR Player of the Month Presented by Avis
Jul 3, 2012
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PARSIPPANY, N.J. and PONTE VEDRA BEACH, Fla., July 3, 2012 (GLOBE NEWSWIRE) -- PGA TOUR and Avis Car Rental announced today that Tiger Woods has been voted the June 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 contribution to the Tiger Woods Foundation.
In a fan dec...
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Budget Truck Rental Offers Tips to Make Moving Easier During the Peak Summer Moving Season
Jul 2, 2012
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PARSIPPANY, N.J., July 2, 2012 (GLOBE NEWSWIRE) -- Peak household moving season runs through Labor Day. If you're planning to relocate this summer or move belongings to and from storage, let Budget Truck Rental help. Simply follow these guidelines to make your move more efficient, less stressful and safer.
"Summer is the ideal time to move both...
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Avis Budget Group Honors Avis Mexico as Outstanding Licensee
Jun 27, 2012
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PARSIPPANY, N.J. and MERIDA, Mexico, June 27, 2012 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR) today named Avis Mexico as the Avis Licensee of the Year for Latin America and the Caribbean in recognition of its ongoing commitment to serving the growing car rental demand in Mexico and providing travelers and residents alike with world-cl...
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Avis Budget Group Launches Ultimate Test Drive for Consumer Purchases of Off-Rental Vehicles
Jun 20, 2012
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PARSIPPANY, N.J., June 20, 2012 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR) today introduced the Ultimate Test Drive, a new program designed to respond to consumer demand for the purchase of well-maintained used cars. The initiative, in collaboration with AutoNation, Inc., America's largest automotive retailer, will offer consumers a w...
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Avis Budget Group Chief Administrative Officer Mark J. Servodidio to Present at Women's Business Enterprise National Council National Conference & Business Fair
Jun 18, 2012
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PARSIPPANY, N.J., June 18, 2012 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR), a leading provider of vehicle rental services, today announced that Mark J. Servodidio, executive vice president and chief administrative officer, will give a keynote address at the Women's Business Enterprise National Council (WBENC) National Conference & Bus...
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Rickie Fowler Voted May PGA TOUR Player of the Month Presented by Avis
Jun 12, 2012
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PARSIPPANY, N.J. and PONTE VEDRA BEACH, Fla., June 12, 2012 (GLOBE NEWSWIRE) -- PGA TOUR and Avis Car Rental announced today that Rickie Fowler has been voted the May 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 contribution to the Rickie Fowler Foundation. The Rickie F...
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Avis Budget Group Launches North American Tour in Appreciation of Customers and Employees
Jun 11, 2012
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PARSIPPANY, N.J., June 11, 2012 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR) today kicks off an eight-week bus tour across North America to thank customers for their business and celebrate the contributions of employees, licensees and dealers. The "Rolling Pride Rally" will stop at more than 80 Avis Budget locations in the United States...
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Avis Budget Group Chief Executive Officer to Present at Deutsche Bank Industrials Conference on June 13
Jun 6, 2012
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PARSIPPANY, N.J., June 6, 2012 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR), a leading provider of vehicle rental services, today announced that Ronald Nelson, Chairman and Chief Executive Officer, will present at the upcoming Deutsche Bank Industrials Conference on June 13, 2012 at 11:00 a.m. Eastern time.
A live webcast will be av...
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Avis Launches New Vehicle Selection Service so Travelers Can 'Select & Go'
Jun 4, 2012
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PARSIPPANY, N.J., June 4, 2012 (GLOBE NEWSWIRE) -- Avis Car Rental today introduced Avis Preferred® Select & Go, a vehicle selection service that puts members of Avis Preferred, the Company's express rental program, in control with three options for service. Beginning this summer, Avis Preferred members can: (1) keep and drive away in their pr...
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"Go Budget" With One-Way Rental Rates Starting as Low as $9.95 Per Day
May 31, 2012
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PARSIPPANY, N.J., May 31, 2012 (GLOBE NEWSWIRE) -- Budget Car Rental today announced its annual one-way rental promotion for snowbirds traveling back to cooler climates. For a limited time, customers traveling from Arizona and Florida to select locations in the United States can rent a Budget car at one location and return it to another, with unlim...
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