Press Releases

PARSIPPANY, N.J., March 14, 2018 (GLOBE NEWSWIRE) -- Budget Car Rental today announced that it has launched operations in Taiwan. Located at Taoyuan International Airport, Taichung International Airport, Kaohsiung International Airport and Taipei's Main Station, the new facilities offer business...

10,000 Connected Toyota Vehicles Bound for Locations Across the United States Deal Leverages Toyota's Proprietary Mobility Services Platform (MSPF) to Enhance Customer Rental Experience and Increase Fleet Efficiency PARSIPPANY, N.J., March 12, 2018 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc ....

      PARSIPPANY, N.J., Feb. 21, 2018 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ:CAR) today reported results for its fourth quarter and year ended December 31, 2017. Revenue increased 7% in the fourth quarter to $2.0 billion and was $8.8 billion for the full year Net income of $220...

PARSIPPANY, N.J., Feb. 15, 2018 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ:CAR) today confirmed it has received notice from SRS Investment Management ("SRS"), which currently has two representatives on the Avis Budget Group Board of Directors, of SRS's intention to nominate five candidates...

PARSIPPANY, N.J., Feb. 14, 2018 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ:CAR) announced today that it has extended the term of its $1.8 billion senior revolving credit facility for an additional two years to 2023. Also, the Company extended the maturity of its $1.1 billion term loan for...

Company to Announce Fourth Quarter and Full-Year 2017 Results on February 21 and Host a Call with Investors on February 22...

Company's Largest Stockholder Refuses to Renew Cooperation Agreement Expiring Today  Board Refreshment Process Underway   PARSIPPANY, N.J., Jan. 15, 2018 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ:CAR) today announced that its Board of Directors has approved the adoption of a one-year...

As private car ownership continues to drop in London, car sharing is taking off...

PARSIPPANY, N.J., Dec. 19, 2017 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ:CAR) today announced that it is now the exclusive car rental partner of Hawaiian Airlines (NASDAQ:HA), Hawaii's largest and longest-serving airline. Under the multi-year agreement, Avis Budget Group will promote its...