Press Releases

Merger Transaction Now Expected to Close During Week of March 11...

Company's Drive for Process Improvement is Ongoing...

PARSIPPANY, N.J., March 4, 2013 (GLOBE NEWSWIRE) -- Avis Car Rental today announced its 10 th anniversary in the People's Republic of China. Established in 2003 as a joint venture with Shanghai Automotive Industry Corporation, one of the largest car manufacturers in China, Avis China was the first...

Live Webcast Available at 12:00 Noon Eastern Time...

PARSIPPANY, N.J., Feb. 27, 2013 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (Nasdaq:CAR) today announced that the Company has recognized more than 1,000 Customer Experience Owners (C.E.O.s). Introduced in North America in 2011, the C.E.O. program highlights the achievements of team members who have...

PARSIPPANY, N.J., Feb. 25, 2013 (GLOBE NEWSWIRE) -- Avis Car Rental today announced that Avis Preferred ® Select & Go , the Company's vehicle selection service, is now available in Toronto. With Select & Go, Avis Preferred members can (1) keep and drive away in their pre-assigned rental vehicle;...

PARSIPPANY, N.J., Feb. 21, 2013 (GLOBE NEWSWIRE) -- Over the past year, Budget Car Rental has been celebrating 50 years in Canada. As the grand finale of its "Drive Away a Winner Event," Budget presented one lucky customer with 50,000 AIR MILES ® reward miles....

PARSIPPANY, N.J. and PONTE VEDRA BEACH, Fla., Feb. 19, 2013 (GLOBE NEWSWIRE) -- PGA TOUR and Avis Car Rental announced today that Brian Gay has been voted the January 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...

Weighted Average Interest Rate of 2.0% Represents the Lowest Cost for Five-Year, Fixed-Rate ABS Debt in the Company's History...