Press Releases

PARSIPPANY, N.J., April 5, 2012 (GLOBE NEWSWIRE) -- Building upon its track record of innovation in the car rental industry, Avis Car Rental has launched a mobile application for devices running on Google's Android mobile platform, making Avis the first in the industry to have applications on all...

PARSIPPANY, N.J., April 4, 2012 (GLOBE NEWSWIRE) -- Avis Car Rental is once again joining America's top travel brands this spring in the Daily Getaways 2012 promotion. Designed to generate growth in summer leisure travel, the five-week online promotion available at www.DailyGetaways.com offers...

Company Also Announces Repurchase of $100 Million of Convertible Notes...

PARSIPPANY, N.J., March 26, 2012 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR) (the "Company") announced today that its wholly-owned subsidiary, Avis Budget Car Rental, LLC, has priced an offering of $125 million aggregate principal amount of 8.25% senior notes due 2019....

Transaction Will Enable the Company to Replace Remaining Vehicle-Backed Debt Maturing in 2012 at Substantially Lower Rates...

PARSIPPANY, N.J., March 22, 2012 (GLOBE NEWSWIRE) -- Avis Car Rental has launched its celebration of its 40 th anniversary of providing car rental services in the Republic of Singapore. Since first opening on March 31, 1972, Avis has been a trusted brand in Singapore providing residents and...

PARSIPPANY, N.J., March 22, 2012 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR) announced today that it plans to hold an Investor Day meeting on May 8, 2012 at 9:00 a.m. in New York City. The day will include presentations by members of the Company's senior leadership team, a...

PARSIPPANY, N.J. and DALLAS, March 21, 2012 (GLOBE NEWSWIRE) -- A new multi-year agreement between Avis Budget Group and Regus, the world's largest provider of flexible workplaces, will help make business travel easier by providing Regus customers with valuable savings on Avis and Budget car...

Transaction Extends Corporate Debt Maturities and Will Generate Approximately $9 Million of Annual Interest Savings...