Press Releases

PARSIPPANY, N.J., Nov. 3, 2014 (GLOBE NEWSWIRE) -- Avis Car Rental was recently honored as "Best Car Rental Company Worldwide" and "Best Rental Company in Europe" at this year's prestigious Business Traveller Awards 2014 gala, held in London. The awards were presented in recognition of Avis'...

Launch Marks 30th Major City Opening, Accelerates European Expansion...

Revenue increased 6% to $2.5 billion. North America pricing increased 3%, excluding currency effects. Adjusted EBITDA increased 9% to $417 million. Diluted earnings per share increased 29% to $1.91, excluding certain items, on GAAP net income of $192 million....

PARSIPPANY, N.J., Oct. 28, 2014 (GLOBE NEWSWIRE) -- Avis Car Rental today announced that it has established a new exclusive partnership with 3RD HOME, a reciprocal travel club for owners of luxury second homes. As part of the new multi-year agreement, Avis will become the exclusive car rental...

PARSIPPANY, N.J. and ISTANBUL, Turkey, Oct. 27, 2014 (GLOBE NEWSWIRE) -- Avis Car Rental Ireland has been honored as 'Licensee of the Year' in the 2014 Avis Car Rental Licensee Awards for Europe, the Middle East and Africa (EMEA) at a gala event in Istanbul....

PARSIPPANY, N.J., Oct. 24, 2014 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR), a leading provider of vehicle rental services, announced today that it has agreed to acquire its Budget Car Rental licensee for southern California and Las Vegas for approximately $210 million, plus the cost...

Budget Car Rental Operations in Kuwait and Jordan Also Recognized for Outstanding Achievement...

Conference Call to Discuss Results Scheduled for October 30, 2014...

Company Authorizes Additional $200 Million of Future Share Repurchases...