Avis Budget Group Names Avis Car Rental And Budget Car Rental Licensees of The Year
LONDON, Sept. 26, 2019 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) has announced its Avis Car Rental and Budget Car Rental Licensees of the Year for the International Region, which includes, Europe, the Middle East, Africa, Asia and Asia-Pacific. This year’s recipients of the annual awards are Avis Turkey and Budget Romania. Each honoree accepted […]
Avis Budget Group Appoints Keith Rankin as President of International Region
LONDON, Sept. 09, 2019 (GLOBE NEWSWIRE) — Avis Budget Group, the leading global provider of mobility solutions, has recently appointed Keith Rankin as President of the International region, which includes Europe, the Middle East, Africa (EMEA), Asia, Australia and New Zealand. Before his appointment, Keith was chief executive for the automotive division at Barloworld in […]
Avis Budget Group and Ford Team Up to Connect Cars, Reinventing the Rental Experience in Europe
Customers renting Ford Motor Company vehicles from Avis Budget Group’s European fleet will soon find it easier to pick up and return their vehicles More than 4,000 Ford vehicles in the Avis Budget Group fleet are projected to be digitally connected in 2019, with a further 10,000 vehicles being added in 2020 as both companies […]
Avis Budget Group Reports Second Quarter 2019 Results
PARSIPPANY, N.J., Aug. 05, 2019 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) today reported results for its second quarter ended June 30, 2019. Second Quarter Highlights: Record second quarter revenues of $2.3 billion, including the negative impact of $46 million, or 2%, from currency exchange rate movements Net income increased to $62 million, a […]
Avis Budget Group to Announce Second Quarter 2019 Results on August 5th
Conference Call to Discuss Results Scheduled for August 6th, 2019 PARSIPPANY, N.J., July 18, 2019 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) announced today that it plans to report its second quarter 2019 results after the market close on Monday, August 5th, 2019, and to host a conference call for institutional investors to discuss these […]
Avis Budget Group Announces 2019 Licensees of the Year for Latin America and the Caribbean
PARSIPPANY, N.J., July 10, 2019 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ:CAR) today announced the selection of its Avis and Budget Licensees of the Year for Latin America and the Caribbean. This year’s recipients for the region are Avis Chile and Budget Costa Rica. Each honoree accepted the accolade at a commemorative event held […]
Avis Budget Group Announces Closing of $400 Million Senior Notes Offering
PARSIPPANY, N.J., July 03, 2019 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc., have completed an offering of $400 million aggregate principal amount of 5.75% Senior Notes due 2027 in a private offering. Avis Budget Group intends to […]
Avis Budget Group Announces Intention to Offer $400 Million of Senior Notes
PARSIPPANY, N.J., June 19, 2019 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc., intend, subject to market and other customary conditions, to offer $400 million aggregate principal amount of senior notes due 2027 in a private offering. The […]
Cars & The Cloud: Avis Budget Group Leveraging Amazon Web Services For Global Connected Car Data Analysis
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 […]
Avis Budget Group and Ford Team Up to Connect Cars, Enhance Car Rental Experience
Customers renting Ford Motor Company vehicles from Avis Budget Group’s U.S. fleet soon will find it easier to receive and return their vehiclesMore than 35,000 Ford vehicles in the Avis Budget Group fleet are projected to be digitally connected by summer 2019 as both companies make strides toward connectivity goalsPARSIPPANY, N.J., Oct. 23, 2018 (GLOBE […]