Joe Ferraro Named Interim Chief Executive Officer PARSIPPANY, N.J., December, 30, 2019 — Avis Budget Group, Inc. (NASDAQ: CAR) today announced that its Board of Directors has appointed Joe Ferraro, President, Americas, as Interim Chief Executive Officer, effective January 1, 2020. Mr. Ferraro’s appointment reflects the previously announced departure at year-end of Larry De Shon, […]
Reports of the “death of the car” are exaggerated, new international report shows Bracknell, UK – 26 November 2019: The car’s popularity will stay strong in the upcoming mobility shift, but attitudes towards ownership will change significantly, according to a new report released today. The Road Ahead: The Future of Mobility Report from mobility leader […]
Avis mobile app ranked highest in customer satisfaction in J.D. Power 2019 U.S. Travel App Satisfaction Study PARSIPPANY, N.J., Nov. 20, 2019 — Avis Car Rental was named the 2019 top rental car travel app by J.D. Power. The Avis mobile app ranked the highest in customer satisfaction, receiving the highest score out of all […]
WINiT names Avis Budget Group’s Vice President of Sales, Beth Kinerk, among Top 40 Women in Travel PARSIPPANY, N.J., November 14, 2019— Avis Budget Group has been honored as the winner of The Creating a Company Culture for Women to Advance and Succeed Award at the inaugural WINiT Awards presented by the Global Business Travel Association (GBTA). […]
Led by Los Angeles Mayor Eric Garcetti, Urban Movement Labs is America’s first public-private partnership charged with bringing new mobility solutions to L.A. communities PARSIPPANY, N.J., Nov. 14, 2019 — Avis Budget Group announces today it is one of the founding partners behind Urban Movement Labs, a first-of-its-kind public-private partnership to accelerate transportation innovation launched […]
London, November 1, 2019: Julia Kemp, Director of Sales & Partnerships – International, at Avis Budget Group has been honoured as the 2019 recipient of the prestigious Institute of Travel & Tourism (ITT) Odyssey Award. The award was presented to Julia by Chris Mottershead, President of the membership organisation for professionals employed in the travel […]
Avis Budget Group, Inc. (NASDAQ: CAR) today reported results for its third quarter ended September 30, 2019. Third Quarter 2019 over Third Quarter 2018 Highlights: Revenues of $2.8 billion were comparable to prior year, up 1% excluding currency exchange rate movements Net income was $189 million or $2.50 per diluted share and Adjusted net income was […]
AARP members can save on their next trip with rental car discounts and benefits Avis Budget Group today announced the renewal of a multi-year agreement to extend its relationship as the exclusive car rental provider for AARP members. Avis Budget Group will continue to provide AARP members with discounted rates and special offers on vehicle […]
Conference Call to Discuss Results Scheduled for November 1st, 2019 Avis Budget Group, Inc. (NASDAQ: CAR) announced today that it plans to report its third quarter 2019 results after the market close on Thursday, October 31st, 2019, and to host a conference call for institutional investors to discuss these results and its full year outlook on Friday, […]
Customers can earn free rental day rewards after renting with Avis twice Avis has announced the launch of “Free Days”, a promotion that allows customers to earn a free rental day each time they complete two qualifying rentals. Formally known as “Drive Free,” the promotion runs through February 29, 2020 and is open to Avis […]