Business News

Avis Budget Group Reports First Quarter 2019 Results

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PARSIPPANY, N.J., May 1, 2019 – Avis Budget Group, Inc. (NASDAQ: CAR) today reported results for its first quarter ended March 31, 2019. First Quarter Highlights: Revenues were $1.9 billion, down 2% due to the impact of currency exchange rate movements Net loss was $91 million or a diluted loss of $1.20 per share Adjusted EBITDA […]

Technology & Innovation

Avis and Budget Car Rental Extend Services to New Paine Field Airport in Greater Seattle

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PARSIPPANY, N.J., April 5, 2019 – Avis Budget Group, Inc. (NASDAQ: CAR) today announced car rental services available to Paine Field Airport that recently opened its doors in Everett, Washington. A courtesy shuttle will meet all incoming flights and transport passengers to the full-service Avis and Budget car rental facility located less than two miles […]

Business News

Avis Dominates Its Category For Customer Loyalty For 20th Consecutive Year

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The 2019 Brand Keys Customer Loyalty Engagement Index Awards Avis Car Rental As Best In Category For Customer Relationships PARSIPPANY, N.J., March 21, 2019 (GLOBE NEWSWIRE) — Avis has once again achieved top car rental company status in the Brand Keys Customer Loyalty Engagement Index.®  The 2019 study examined brands in 90 categories to identify the drivers that […]

Technology & Innovation

Avis Budget Group Announces First-to-Market Business Intelligence Solution for Corporate Travel

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Download PDF New customer portal provides corporate travel managers with full transparency to rental behavior to save costs and better manage the rental program PARSIPPANY, N.J., Feb. 19, 2019 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) today announced Business Intelligence (BI), an online portal complete with rental summary dashboards, rich visualizations and detailed reports that provides […]

Business News

Avis Budget Group Announces Appointment of Chief Financial Officer

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Download PDF PARSIPPANY, N.J., Feb. 19, 2019 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) today announced that, effective March 18, 2019, John F. North III will join the Company as Chief Financial Officer. Mr. North will oversee all financial aspects of the Company, including financial planning and analysis, accounting and financial reporting, tax, internal audit, investor […]

Partnerships

Budget Truck Rental and Fetch Partner on Integrated Fleet Services and Self-Serve, On-Demand Vehicles

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Download PDF Budget vehicles will be available for rent at select Orlando, Fla. locations PARSIPPANY, N.J., Feb. 07, 2019 (GLOBE NEWSWIRE) — Budget Truck Rental today announced a new partnership with Fetch, the self-service truck startup, which makes Budget trucks available for rent through Fetch’s mobile marketplace. Fetch users can rent Budget box trucks, cargo vans and pickup trucks by the hour, day or […]