PARSIPPANY, N.J., Aug. 07, 2017 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ:CAR) today reported results for its second quarter ended June 30, 2017. Revenue at $2.2 billion was unchanged in the second quarter compared to prior year Second quarter 2017 net income of $3 million and earnings per diluted share of $0.04 Adjusted EBITDA […]
Customers can earn a rental day reward after renting twice PARSIPPANY, N.J., Oct. 11, 2018 (GLOBE NEWSWIRE) — Avis today announced “Drive Free,” a promotion that lets customers earn a rental day reward after every two rentals. Drive Free runs through February 28, 2019 and is open to members of Avis Preferred, the Company’s express rental program. To earn […]
PARSIPPANY, N.J., Oct. 10, 2018 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) announced today that it plans to report its third quarter 2018 results after the market close on Monday, November 5, 2018, and to host a conference call for institutional investors to discuss these results and its full year outlook on Tuesday, November 6, […]
PARSIPPANY, N.J., Oct. 04, 2018 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) announced today that its wholly-owned subsidiary, Avis Budget Finance plc, has completed an offering of €350 million aggregate principal amount of 4.750% Senior Notes due 2026 in a private offering. Avis Budget Group intends to use the net proceeds from the notes offering, […]
Zipcar survey reveals today’s students seek off-campus experiences to enhance college years BOSTON, Oct. 01, 2018 (GLOBE NEWSWIRE) — According to a new survey by Zipcar, the world’s leading car-sharing network, in conjunction with OnePoll, four times as many recent grads and college students prefer to spend time off campus with friends and family (40%) than binge […]
BANGKOK, Thailand, Sept. 27, 2018 (GLOBE NEWSWIRE) — Avis Budget Group Asia has been declared Best Car Rental Company at the 29thAnnual TTG Travel Awards 2018, as voted for by readers of TTG Travel Trade Publishing’s print and online titles. The publications include: TTG Asia, TTG China, TTG India, TTG mice, TTG-BT mice China, TTGassociations […]
PARSIPPANY, N.J., Sept. 25, 2018 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) announced today that its wholly-owned subsidiary, Avis Budget Finance plc, intends, subject to market and other customary conditions, to offer €350 million aggregate principal amount of senior notes due 2026 in a private offering. The notes will be guaranteed on a senior unsecured basis by Avis Budget […]
Curbside Delivery is now available in 35 major cities, giving travelers more convenience when toting heavy luggage, golf clubs, strollers, equipment, and more PARSIPPANY, N.J., Sept. 12, 2018 (GLOBE NEWSWIRE) — Imagine a rental car packed to the brim with family luggage, sports gear or equipment for work. Now imagine not having to lug all […]
PARSIPPANY, N.J., Aug. 07, 2018 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) today reported results for its second quarter ended June 30, 2018. Revenue grew 4% to a record $2.3 billion in the second quarter Significant improvements in per-unit fleet costs and utilization Net Income improved to $26 million and Adjusted Net Income […]
PARSIPPANY, N.J., July 19, 2018 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ:CAR) today introduced plans to reward Amazon customers with special perks when they rent a car through Avis. Beginning today, Amazon customers who book an Avis vehicle can save money on their rental and receive an Amazon.com Gift Card valued at 10 percent* of their […]