Press Releases

PARSIPPANY, N.J., May 22, 2017 (GLOBE NEWSWIRE) -- In an industry first, Avis Car Rental is spearheading a transformation of its fleet in support of its commitment to provide mobility solutions to customers. This initiative will result in 50,000 more vehicles becoming fully connected cars by early...

PARSIPPANY, N.J., May 12, 2017 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ:CAR) today announced the resignation of David B. Wyshner, President and Chief Financial Officer. Mr. Wyshner, who has served as the Company's chief financial officer since 2006 and its president since January 2016,...

Revenue declined 2% in the first quarter, to $1.8 billion. Net loss was $107 million and Adjusted EBITDA loss was $27 million. Diluted loss per share was $1.25, and adjusted diluted loss per share was $0.94. Company updates its 2017 Adjusted EBITDA and adjusted earnings per share estimates....

Company to Terminate Stockholder Rights Plan...

More than 600 schools currently offer Zipcar as a result of the company's strong campus partnerships and its unique approach to reaching Generation Z...

PARSIPPANY, N.J., April 12, 2017 (GLOBE NEWSWIRE) -- Budget Car Rental, an industry leader in providing vehicle rental services to value-conscious travelers, has been named the Gold Winner in the Car Rental category of the 2017 Reader's Digest Quality Service Award....

Conference Call to Discuss Results Scheduled for May 4, 2017...

BRACKNELL, England, April 10, 2017 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ:CAR), a leading global provider of vehicle rental services, today announced the completion of a transaction that will allow the Company to operate the Budget brand in Poland directly and to expand its presence in...

PARSIPPANY, N.J., April 04, 2017 (GLOBE NEWSWIRE) -- For the 18 th consecutive year, Avis Car Rental has been ranked the #1 car rental company in the Brand Keys Customer Loyalty Engagement Index ® . The 2017 study examined brands in 83 categories. Avis received the highest marks in the car rental...