Press Releases

Intrawest Names Avis and Budget "Official Rental Car" of Each of Its Properties...

Live Webcast Available at 2:25 p.m. Eastern Time...

PARSIPPANY, N.J., Nov. 5, 2012 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR) announced that it has named Avis South Africa as the Avis Licensee of the Year for Europe, the Middle East and Africa (EMEA) in recognition of its ongoing commitment to providing customers with world-class...

Revenue grew to $2.2 billion, a 34% increase from third quarter 2011. Adjusted EBITDA increased 39% to $377 million, excluding certain items, the Company's highest-ever quarterly earnings. Pretax income increased 36% to $284 million, excluding certain items, and was $260 million on a GAAP basis....

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...