Press Releases

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

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 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...

PARSIPPANY, N.J., Feb. 25, 2013 (GLOBE NEWSWIRE) -- Avis Car Rental today announced that Avis Preferred ® Select & Go , the Company's vehicle selection service, is now available in Toronto. With Select & Go, Avis Preferred members can (1) keep and drive away in their pre-assigned rental vehicle;...

PARSIPPANY, N.J., Feb. 21, 2013 (GLOBE NEWSWIRE) -- Over the past year, Budget Car Rental has been celebrating 50 years in Canada. As the grand finale of its "Drive Away a Winner Event," Budget presented one lucky customer with 50,000 AIR MILES ® reward miles....