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Avis Budget Group Announces CEO Succession

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PARSIPPANY, N.J., May 28, 2019 — Avis Budget Group, Inc. (NASDAQ: CAR) today announced the planned departure of President and Chief Executive Officer Larry De Shon after a 13-year career with the Company.  Mr. De Shon will remain in his current positions until his successor has been named and will continue to be employed by […]

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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 […]

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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 […]

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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 […]

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Avis Selected as Exclusive Partner For AMResorts

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Download PDF PARSIPPANY, N.J., Feb. 04, 2019 (GLOBE NEWSWIRE) — Avis today announced that it has been named the exclusive mobility partner for AMResorts and its collection of more than 50 luxury resort destinations across its seven brands. As part of the preferred partnership, Avis will promote its products, services and offers in AMResorts’ brand channels, including […]

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Avis Budget Group and Continental Expand Collaboration to Offer Connected, On-Demand, Keyless Experience

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Strengthens Avis Budget Group’s resolve to achieve full fleet connectivity Introduces secure and seamless vehicle access to European markets, and expanding in the United States LONDON, Jan. 07, 2019 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) and Continental today announced that they have expanded their partnership. Under the enhanced collaboration, Avis Budget Group will boost […]