Press Releases

PARSIPPANY, N.J. and PONTE VEDRA BEACH, Fla., June 10, 2014 (GLOBE NEWSWIRE) -- PGA TOUR and Avis Car Rental announced today that Adam Scott has been voted the May PGA TOUR Player of the Month presented by Avis. As the official rental car company of the PGA TOUR, Avis will make a $50,000...

PARSIPPANY, N.J., June 9, 2014 (GLOBE NEWSWIRE) -- Budget Car Rental has topped Canstar Blue's list for car rental customer satisfaction and has earned the "Most Satisfied Customers Award." Budget received the highest ratings in five categories, including overall satisfaction, service, vehicle...

PARSIPPANY, N.J., June 4, 2014 (GLOBE NEWSWIRE) -- Avis Car Rental today announced its 20 th anniversary in Argentina. Established in 1994 with two corporate locations - one at Ezeiza International Airport and the other in the city of Buenos Aires - and six licensees in other parts of the country,...

Live Webcast Available at 10:15 a.m. Eastern Time...

Proceeds to be Used to Repay All of the Company's Remaining 8.25% Senior Notes Due 2019...

PARSIPPANY, N.J. and PONTE VEDRA BEACH, Fla., May 15, 2014 (GLOBE NEWSWIRE) -- PGA TOUR and Avis Car Rental announced today that Masters champion Bubba Watson has been voted the April PGA TOUR Player of the Month presented by Avis. As the official rental car company of the PGA TOUR, Avis will make...

Addition of 20 Zipcars Makes Sustainable and Cost-Effective Transportation an Even Easier Option for Residents, Visitors and Businesses Who Are Members of Zipcar...

PARSIPPANY, N.J., May 12, 2014 (GLOBE NEWSWIRE) -- Residents of the Bay State, the Buckeye State and the Volunteer State can now test drive and purchase well-maintained, late-model vehicles at competitive prices. Avis Budget Group, Inc. (Nasdaq:CAR) today announced that its consumer car sales...

Revenue increased 10% to $1.9 billion. Adjusted EBITDA increased 26% to $117 million Diluted earnings per share were $0.16, excluding certain items, on GAAP net income of $4 million. Company reaffirms its 2014 Adjusted EBITDA projections and raises its earnings per share estimate....