Press Releases

PARSIPPANY, N.J. and PONTE VEDRA BEACH, Fla., Aug. 8, 2012 (GLOBE NEWSWIRE) -- PGA TOUR and Avis Car Rental announced today that Ernie Els has been voted the July PGA TOUR Player of the Month presented by Avis. As the official rental car company of the PGA TOUR, Avis will make a $50,000...

Revenue grew to $1.9 billion, a 32% increase from second quarter 2011. Adjusted EBITDA increased 39% to $266 million, excluding certain items, the Company's highest-ever second quarter result. Pretax income increased 32% to $171 million, excluding certain items, and was $129 million on a GAAP...

Transaction Will Enable the Company to Replace Vehicle-Backed Debt Maturing in 2013 at a Lower Rate...

PARSIPPANY, N.J., July 30, 2012 – Budget Car Rental today announced its new mobile applications for the Apple iPhone ® and devices running on Google’s Android mobile platform. Available for download at Apple’s “App Store” and Google Play, the free mobile apps allow travelers to make, view, modify...

PARSIPPANY, N.J., July 27, 2012 — Avis Car Rental today announced that it is providing promotional rates and discounts for travelers planning a “Bizcation TM ” — the combining of a business trip and a vacation, which Avis believes is becoming increasingly popular among business travelers....

PARSIPPANY, N.J., July 25, 2012 (GLOBE NEWSWIRE) -- Avis Car Rental today announced the availability of portable wireless network devices for rent at seven airport locations in Germany. The Wi-Fi devices allow car rental customers to simultaneously connect up to five mobile devices, including...

PARSIPPANY, N.J., July 23, 2012 (GLOBE NEWSWIRE) -- Avis Car Rental has officially entered the Taiwan market with the opening of three rental locations in Taiwan, making Avis the first international car rental company currently operating on the island....

Conference Call to Discuss Results Scheduled for August 2, 2012...

PARSIPPANY, N.J., July 10, 2012 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR) this month celebrates the fifth anniversary of its award-winning Performance Excellence process-improvement initiative, which has helped the Company generate more than $275 million in annual cost savings and...