Business News – Page 5 – Avis Budget Group

Avis Budget Group Boosts Fleet of Connected Cars With 75,000 In-Vehicle Telematics Units From I.D. Systems

Posted on December 17, 2018January 10, 2019

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 […]

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Zipcar Survey Reveals Gossip, Romance and Pranks Help Pass Time in Holiday Traffic

Posted on November 19, 2018December 19, 2018

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 […]

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Avis Budget Group Reports Third Quarter 2018 Results

Posted on November 5, 2018December 19, 2018

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 […]

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Cars & The Cloud: Avis Budget Group Leveraging Amazon Web Services For Global Connected Car Data Analysis

Posted on November 1, 2018November 29, 2018

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 […]

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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, […]