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 […]
Stuck in the car on the way to grandma’s? Take control of the wheel with some unexpected fun BOSTON, Nov. 19, 2018 (GLOBE NEWSWIRE) — ‘Tis the Season… for holiday traffic! As millions of Americans hit the road and traffic increases between now and the new year, Zipcar, the world’s leading car-sharing network, conducted its annual survey […]
PARSIPPANY, N.J., Nov. 05, 2018 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) today reported results for its third quarter ended September 30, 2018. Revenues grew to a record $2.8 billion in the third quarter on both higher volume and increased underlying pricing in the Americas Americas per-unit fleet costs reduced by 10% Net income […]
Avis Budget Group to strengthen data capabilities as it grows to a 100 percent global connected car fleet, providing access to secure cloud storage, powerful data analytics and tools PARSIPPANY, N.J., Nov. 01, 2018 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) today announced its plan to leverage Amazon Web Services’s (AWS) Connected Vehicle Solution to build […]
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 […]
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 […]
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 […]
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 […]