PARSIPPANY, N.J., May 28, 2014 (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 Leisure Conference on Monday, June 2, 2014 at 10:15 a.m. Eastern time. A live […]
PARSIPPANY, N.J., May 19, 2014 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (Nasdaq:CAR) announced today that its wholly-owned subsidiary, Avis Budget Car Rental, LLC, has completed an offering of $400 million aggregate principal amount of 5.125% senior notes due 2022. The Company intends to use the proceeds of the offering to redeem the remaining $395 […]
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 a $50,000 […]
PASADENA, Calif., May 13, 2014 (GLOBE NEWSWIRE) — The Pasadena Department of Transportation (DOT) and Zipcar, the world’s leading car sharing network, are partnering to introduce 20 Zipcars in 10 new locations to provide members, including Pasadena residents, students, businesses and visitors, increased access to an affordable transportation option that is convenient, and helps to […]
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 program is available in Massachusetts, Ohio and Tennessee. In collaboration with […]
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. PARSIPPANY, N.J., May 7, 2014 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. […]
PARSIPPANY, N.J., May 6, 2014 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (Nasdaq:CAR) takes pride in emphasizing the value of diversity in all aspects of the Company’s business. Avis Budget operates one of the nation’s leading supplier diversity programs, which promotes opportunities for disadvantaged, minority, women-owned and small businesses, and continues to hold diversity as […]
BOSTON, May 2, 2014 (GLOBE NEWSWIRE) — Zipcar, the world’s leading car sharing company, today announced “Zipcar ONE > WAY,” a new service that will enable members to take point-to-point trips within cities, and to and from select airport locations. The new service, currently being tested and slated to launch in select markets later this […]
PARSIPPANY, N.J., May 1, 2014 (GLOBE NEWSWIRE) — Summer is the time of year when most Americans choose to make their household move because the kids are out of school and the weather is better suited for relocating. But those who wait until summer to plan their do-it-yourself move may find it a more stressful […]