Press Releases

Revenue was $1.9 billion and increased 4% in constant currency. Adjusted EBITDA was unchanged at $117 million. Diluted earnings per share increased 6%, to $0.17, excluding certain items, on a GAAP net loss of $9 million. Company reaffirms its 2015 Adjusted EBITDA and earnings per share estimates....

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PARSIPPANY, N.J., April 30, 2015 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. today announced that its two flagship vehicle rental brands, Avis Car Rental and Budget Car Rental, have been named among America's top 50 "green" brands. The honor was bestowed on Avis and Budget by their own customers as...

With the Addition of Seven New U.S. Airports, Zipcar's Car Sharing Service is Now Even More Convenient for Travelers...

PARSIPPANY, N.J., April 30, 2015 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR), a leading provider of vehicle rental services, announced today that it has acquired 100% ownership of its licensee in Brazil by purchasing equity and debt interests in the business for approximately $40...

New Program Provides a Sustainable and Cost-Effective Alternative to Car Ownership on Campus...

PARSIPPANY, N.J., April 20, 2015 (GLOBE NEWSWIRE) -- Budget Truck Rental today announced that its newly redesigned website is now live, providing customers with easier access to rental reservations. The revamped BudgetTruck.com features a user-friendly interface and a streamlined reservation...

PARSIPPANY, N.J., April 16, 2015 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR) has been recognized as a "Supplier of the Year" by The Boeing Company. Avis Budget Group was one of 14 companies and one university honored last night for distinguished performance in working with Boeing....

PARIS, April 16, 2015 (GLOBE NEWSWIRE) -- Zipcar, the world's leading car-sharing network, today announces its partnership with SNCF, France's national railway operator, to integrate into its "door-to-door" mobility service. Founded in 2000 in the United States, Zipcar has pioneered a new model of...