Press Releases

PARSIPPANY, N.J., Sept. 9, 2013 (GLOBE NEWSWIRE) -- Budget Car Rental today announced a new partnership agreement with Japan Airlines (JAL) that will provide the more than 26 million JAL Mileage Bank members with travel offers and value-added membership benefits....

Edison ParkFast and Zipcar team up to provide more sustainable transportation options for New York...

PARSIPPANY, N.J., Aug. 28, 2013 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR) today announced that its Ultimate Test Drive car sales program is now available in Georgia and Illinois. In collaboration with AutoNation, Inc., America's largest automotive retailer, Ultimate Test Drive offers...

PARSIPPANY, N.J., Aug. 26, 2013 (GLOBE NEWSWIRE) -- Avis Car Rental is celebrating more than 300,000 vehicle exchange/upgrade transactions for Avis Preferred ® Select & Go , the Company's vehicle selection service. Launched in June 2012 and now available at top airport locations in North America,...

PARSIPPANY, N.J., Aug. 15, 2013 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR) today announced that it has been selected as the exclusive car rental provider for AARP members. The new multi-year agreement gives Avis Budget Group the opportunity to promote its Avis Car Rental, Budget Car...

PARSIPPANY, N.J. and PONTE VEDRA BEACH, Fla., Aug. 13, 2013 (GLOBE NEWSWIRE) -- PGA TOUR and Avis Car Rental announced today that Open Championship winner Phil Mickelson 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...

PARSIPPANY, N.J., Aug. 12, 2013 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR) announced today that is has agreed to acquire a 50% ownership stake in its existing Brazilian licensee. This investment of approximately $50 million will enable the Company to significantly increase the...

PARSIPPANY, N.J., Aug. 8, 2013 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR) has been honored by USAA, a leading financial services provider for military members and their families, for its support of the military community. Part of USAA's Supplier Recognition Program, the "Military...

Revenue increased 7% to $2.0 billion.   Pricing in North America increased 1% year-over-year.    Adjusted EBITDA was $179 million, excluding certain items.   Diluted earnings per share were $0.50, excluding certain items, on a GAAP net loss of $28 million....