PARSIPPANY, N.J., May 29, 2013 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (Nasdaq:CAR), a leading provider of vehicle rental services, today announced that David B. Wyshner, Senior Executive Vice President and Chief Financial Officer, will present at the upcoming Goldman Sachs Lodging, Gaming, Restaurant and Leisure Conference on June 4, 2013 at 9:45 a.m. Eastern […]

PARSIPPANY, N.J. and PONTE VEDRA BEACH, Fla., May 23, 2013 (GLOBE NEWSWIRE) — PGA TOUR and Avis Car Rental announced today that Masters champion Adam Scott 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 a $50,000 […]

PARSIPPANY, N.J., May 22, 2013 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (Nasdaq:CAR) today announced that its Ultimate Test Drive program, the Company’s car sales initiative, now accepts trade-in vehicles. In collaboration with AutoNation, Inc., America’s largest automotive retailer, Ultimate Test Drive offers consumers a no-haggle, no-hassle process and features a wide selection of late-model […]

PARSIPPANY, N.J., May 20, 2013 (GLOBE NEWSWIRE) — Budget Truck Rental today kicked-off a new promotion offering major savings on one-way rentals and towing equipment for anyone in the United States moving from the Southeast to the Northeast, or from the Rocky Mountain states to California, with rental rates reduced as much as 50 percent. […]

PARSIPPANY, N.J., May 16, 2013 (GLOBE NEWSWIRE) — As part of its ongoing core strategy to “put the customer first,” Avis Budget Group, Inc. (Nasdaq:CAR) today announced that Avis Car Rental and Budget Car Rental customers can now receive their rental agreement translated into a more convenient language. Available as a courtesy to customers at […]

PARSIPPANY, N.J., May 13, 2013 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (Nasdaq:CAR) has earned a place in the 2013 edition of Military Times’ Best for Vets: Employers survey. The Company was recognized for its achievements in recruiting and employing veterans, for its policies related to veterans, reservists and their families, and for the organization’s culture, among […]

PARSIPPANY, N.J., May 9, 2013 (GLOBE NEWSWIRE) — For the 14th year in a row, Avis Car Rental has been named the leading car rental company in the Brand Keys Customer Loyalty Engagement Index®. Avis ranked number one in each of the four drivers of brand loyalty, including brand reputation; pricing discounts and options; customer service […]

PARSIPPANY, N.J., May 6, 2013 (GLOBE NEWSWIRE) — Avis Car Rental today announced a money-saving promotion for residents of the United States and Canada traveling abroad. Whether you are planning a trip to Africa, Europe or the Middle East, book by May 31 and save up to 25 percent on a rental vehicle. “Promotions like […]

Revenue increased 4% to $1.7 billion. Pricing in North America increased 4% year-over-year. Adjusted EBITDA declined 22% to $93 million, excluding certain items. Company reported net income, excluding certain items, of $9 million in the seasonally slower first quarter, and a GAAP net loss of $46 million. Company completed acquisition of Zipcar, the world’s leading […]