Press Releases

PARSIPPANY, N.J., Aug. 22, 2016 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ:CAR) today announced that Arthur Orduña has been appointed Chief Innovation Officer, effective August 29, 2016.  In this newly established position, Mr. Orduña will be charged with working cross-functionally to...

Exclusive partnership brings Yakima bike, ski and surf racks to Zipcars across North America...

PARSIPPANY, N.J., Aug. 15, 2016 (GLOBE NEWSWIRE) -- Avis Budget Group (NASDAQ:CAR) today announced that it is now offering Amex Express Checkout, American Express' fast and simple way for U.S. Card Members to pay online by using their americanexpress.com account login, for reservations made on...

Revenue increased 3% in the second quarter to $2.2 billion. Net income was $36 million, and Adjusted EBITDA was $204 million. Diluted earnings per share were $0.38, and adjusted diluted earnings per share were $0.63. Company increases its 2016 Adjusted EBITDA estimate to $850 to $900 million and...

PARSIPPANY, N.J., July 27, 2016 (GLOBE NEWSWIRE) -- With low gas prices in the United States, Budget Car Rental knows you're ready for your next road trip and has some advice for making that trip extra enjoyable. Rent a car — Why put mileage on your vehicle when you can drive off in a newer car...

"Selfie software" allows new members to join through mobile app and access Zipcar through smartphone...

PARSIPPANY, N.J. and SANTA MONICA, Calif., July 25, 2016 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ:CAR) and TrueCar, Inc. (NASDAQ:TRUE) announced the signing of a new partnership agreement. Through this multi-year agreement, those in the market for a used set of wheels can access Avis...

PARSIPPANY, N.J., July 20, 2016 (GLOBE NEWSWIRE) -- Avis Car Rental today announced that it has signed a new multi-year license agreement with CFAO, a specialized distributor and preferred partner of major international brands. CFAO operates the Avis Car Rental brand in western Africa and now, as...

PARSIPPANY, N.J., July 19, 2016 (GLOBE NEWSWIRE) -- Avis Budget Group (NASDAQ:CAR) today announced that MasterPass by MasterCard is now a payment option for customers. Travelers can now pay for rentals in advance with a new digital payment option when they make reservations on Avis.com or...