Press Releases

Revenue increased 7% compared with third quarter 2010.   Adjusted EBITDA increased 24%, to $272 million, excluding certain items.   Reported net income of $82 million, including acquisition-related costs. PARSIPPANY, N.J., Nov. 2, 2011 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc....

Transaction Provides Incremental Liquidity for Funding Its European Fleet...

Conference Call to Discuss Results Scheduled for November 3, 2011...

Ink from Chase Customers Will Save on Rentals and Earn Rewards Faster...

PARSIPPANY, N.J., Oct. 18, 2011 (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, expanding its borrowing capacity by $450 million to $2.5 billion....

PARSIPPANY, N.J., Oct. 13, 2011 (GLOBE NEWSWIRE) -- Avis Rent A Car, the exclusive car rental provider to the Canadian Bar Association (CBA), has been recognized by the Canada-based not-for-profit organization for supplier excellence. Representatives from Avis were presented with a plaque...

Live Webcast Available Wednesday, October 12 at 12:15 p.m. Eastern Time...

Company Becomes First Car Rental Provider to Offer Personalized Reservations Using TripIt's Open Technology Platform...

Transaction Re-Unites Avis Budget Group With Its Licensee for Europe, the Middle East, Africa and Asia...