Press Releases

Revenue increased 1% in the fourth quarter to $1.9 billion and grew 5% in constant currency. Adjusted EBITDA declined 1% to $128 million and grew 5% in constant currency. Adjusted diluted earnings per share were $0.18, and GAAP diluted loss per share was $0.06....

PARSIPPANY, N.J., Feb. 17, 2016 (GLOBE NEWSWIRE) -- Individuals looking to purchase a used vehicle need look no further than Avis Budget Group. The Company today outlined five great reasons why those in the market for a used set of wheels should consider buying one of its quality vehicles....

PARSIPPANY, N.J., Feb. 10, 2016 (GLOBE NEWSWIRE) -- Residents of the Show Me State and the Sooner State can now test-drive and purchase quality, well-maintained, late-model vehicles at discounted prices from Avis Car Rental and Budget Car Rental through the expansion of Avis Budget Group's consumer...

PARSIPPANY, N.J., Feb. 03, 2016 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ:CAR) and American Airlines (NASDAQ:AAL) today announced the extension of their preferred partnership agreement. Under the new multi-year agreement, Avis Car Rental, Budget Car Rental and now Payless Car Rental have...

Conference Call to Discuss Results Scheduled for February 24, 2016...

Company Also Increases Share Repurchase Authorization by $300 Million...

PARSIPPANY, N.J., Jan. 12, 2016 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ:CAR) today announced that it is now the exclusive car rental partner of JetBlue (NASDAQ: JBLU) and JetBlue's TrueBlue loyalty rewards program. The partnership enables Avis Budget Group to promote its Avis Car...

PARSIPPANY, N.J., Jan. 07, 2016 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ:CAR) has invested in a series of digital enhancements across Europe to provide Avis Car Rental and Budget Car Rental customers with new mobile options as well as improved response times and enhanced experiences for...

PARSIPPANY, N.J., Jan. 06, 2016 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ:CAR) and Copa Airlines, a subsidiary of Copa Holdings, S.A. (NYSE:CPA) and member of the Star Alliance global airline network, today announced the signing of a new partnership agreement....