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 […]
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 […]
Conference Call to Discuss Results Scheduled for May 2, 2019 PARSIPPANY, N.J., April 11, 2019 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) announced today that it plans to report its first quarter 2019 results after the market close on Wednesday, May 1, 2019, and to host a conference call for institutional investors to discuss these […]
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 […]
PARSIPPANY, N.J., February 20, 2019 – Avis Budget Group, Inc. (NASDAQ: CAR) today reported results for its fourth quarter and full year ended December 31, 2018. • Revenues grew 2% to $2.1 billion in the fourth quarter and 3% for the full year to $9.1 billion • Americas per-unit fleet costs were 7% lower for […]
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 […]
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 […]
Conference Call to Discuss Results Scheduled for February 21, 2019 PARSIPPANY, N.J., Jan. 16, 2019 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) announced today that it plans to report its fourth quarter 2018 results after the market close on Wednesday, February 20, 2019, and to host a conference call for institutional investors to discuss these […]
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 […]
PARSIPPANY, N.J., Dec. 17, 2018 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) will connect an additional 75,000 vehicles to its cloud-based, next generation platform through the installation of in-vehicle telematics devices provided by I.D. Systems, Inc. (NASDAQ: IDSY). The new agreement builds on the successful deployment of 50,000 units during the past year. I.D. Systems’ wireless in-vehicle management […]