Press Releases

PARSIPPANY, N.J., March 16, 2017 (GLOBE NEWSWIRE) -- Budget Car Rental, an industry leader in providing vehicle rental services to value-conscious travelers, has enhanced customers' online experience with the launch of its redesigned website, www.budget.com ....

PARSIPPANY, N.J., March 13, 2017 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ:CAR) has been featured on the annual list of America's Top Corporations for Women's Business Enterprises (WBEs) by the Women's Business Enterprise National Council (WBENC)....

PARSIPPANY, N.J., March 09, 2017 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ:CAR) today announced that it has expanded its consumer car sales program to an additional 11 states in the United States, bringing the program's availability to nearly 40 states across the country....

PARSIPPANY, N.J., March 08, 2017 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ:CAR) announced today that its wholly-owned subsidiary, Avis Budget Finance plc, has completed an offering of €250 million aggregate principal amount of 4.5% Senior Notes due 2025 in a private offering....

PARSIPPANY, N.J., March 01, 2017 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ:CAR) announced today that its wholly-owned subsidiary, Avis Budget Finance plc, intends, subject to market and other customary conditions, to offer €250 million aggregate principal amount of senior notes due 2025...

Revenue declined 1% in the fourth quarter, to $1.9 billion. Net loss was $31 million, and Adjusted EBITDA was $121 million in the fourth quarter. Diluted loss per share was $0.35, and adjusted diluted earnings per share were $0.15 in the fourth quarter....

Travelers Experience Increased Control, Convenience and Flexibility...

PARSIPPANY, N.J. and ATLANTA, Feb. 13, 2017 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ:CAR), a leading provider of vehicle rental services, and Travelport (NYSE:TVPT), a leading Travel Commerce Platform providing distribution, technology, payment and other solutions for the global travel...

PARSIPPANY, N.J., Feb. 08, 2017 (GLOBE NEWSWIRE) -- Avis Budget Group (NASDAQ:CAR) has signed an agreement with Uber Technologies, Inc. to supply Uber's driver partners, and those who want to make money driving with Uber, with cars through Zipcar, the world's leading car sharing network.  Initially...