Press Releases

PARSIPPANY, N.J., Nov. 13, 2012 (GLOBE NEWSWIRE) -- Avis Car Rental today announced that the new 2013 model-year vehicles have started rolling into Avis locations across the United States. "From compact vehicles to luxury sedans, SUVs and convertibles — we've got you covered," said Tom...

G.I. Jobs and U.S. Veterans Magazine Salute Company's Military Recruitment Efforts...

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

Proceeds to be Used to Repay Corporate Debt...

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....