Business News – Page 2 – Avis Budget Group

Zipcar Plans for Increased Reservations on Election Night; Offers Members Extra Credit

Posted on November 1, 2018December 19, 2018

Zipcar expects an increase in reservations; provides last-minute and cost-effective ways to drive on election night BOSTON, Nov. 01, 2018 (GLOBE NEWSWIRE) — Zipcar, the world’s leading car-sharing network, today announced preparations for increased reservations for next week’s midterm elections, including member incentives for those who reserve on election night. As part of its ongoing #DRIVEtheVOTE initiative […]

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Avis Budget Group Reports Strong Second Quarter 2018 Results

Posted on October 31, 2018November 29, 2018

News Release Aug 07,2018Avis Budget Group Reports Strong Second Quarter 2018 Results 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 […]

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Avis Budget Group Chief Innovation Officer to Present at Barclays 2018 Global Automotive Conference on November 15, 2018

Posted on October 29, 2018November 29, 2018

Live Webcast Available at 10:30 A.M. Eastern Time PARSIPPANY, N.J., Oct. 29, 2018 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) today announced that Arthur Orduna, Executive Vice President and Chief Innovation Officer, will present at the upcoming Barclays 2018 Global Automotive Conference on November 15, 2018 at 10:30 a.m. Eastern time. A live webcast will […]

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Avis Budget Group Reports Second Quarter 2017 Results

Posted on October 19, 2018November 29, 2018

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 […]

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Avis Offers Customers a Chance to “Drive Free”

Posted on October 11, 2018November 29, 2018

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 […]

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Avis Budget Group to Announce Third Quarter 2018 Results on November 5 Conference Call to Discuss Results Scheduled for November 6, 2018

Posted on October 10, 2018November 29, 2018

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, […]

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Avis Budget Group Announces Closing of €350 Million Senior Notes Offering

Posted on October 4, 2018November 29, 2018

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, […]

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Gen Z and Millennials Say There’s So Much More to College Than Life on Campus, According to New Zipcar Study

Posted on October 1, 2018November 29, 2018

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 […]

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Avis Budget Group Asia Voted Best Car Rental Company at the 29th Annual TTG Travel Awards 2018

Posted on September 26, 2018November 29, 2018

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 […]

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Avis Budget Group Announces Intention to Offer €350 Million of Senior Notes

Posted on September 25, 2018November 29, 2018

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 […]