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Avis Budget Group and Ford Team Up to Connect Cars, Enhance Car Rental Experience

Woman using smartphone while waiting for a taxi ride on city street

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 […]

Avis Budget Group to Announce Third Quarter 2018 Results on November 5

Conference Call to Discuss Results Scheduled for November 6, 2018PARSIPPANY, 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 […]

Avis Budget Group Announces Closing of €350 Million Senior Notes Offering

PARSIPPANY, N.J., Oct. 04, 2018 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) announced today that its wholly-owned subsidiary, Avis Budget Finance plc, has completed an offering of €350 million aggregate principal amount of 4.750% Senior Notes due 2026 in a private offering. Avis Budget Group intends to use the net proceeds from the […]

Avis Extends Partnership With Maple Leaf Sports & Entertainment

PARSIPPANY, N.J., Sept. 17, 2018 (GLOBE NEWSWIRE) — Avis today announced that it has renewed its multi-year agreement with Maple Leaf Sports & Entertainment (MLSE) to continue its designation as the official vehicle rental partner of the Toronto Maple Leafs and Toronto FC. Under the agreement, the mobility brand will have the opportunity to promote […]

Avis Budget Group Fleet Expands to 100,000 Connected Cars, Benefitting Customers, Cities and the Company Bottom Line

A row of cars parked in a parking garage

PARSIPPANY, N.J., Aug. 13, 2018 (GLOBE NEWSWIRE) — Avis Budget Group (NASDAQ: CAR) today announced it has surpassed the 100,000 connected car threshold globally, a milestone that promises to further improve the traveler experience, increase operational efficiencies for the Company, and benefit smart city planning. The growing presence of connected cars across the Avis Budget […]

Avis 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 quarterSignificant improvements in per-unit fleet costs and utilizationNet Income improved to $26 million and Adjusted Net Income increased 84% […]

Avis Teams Up with Luxury Retreats to Offer a New Standard in Travel

PARSIPPANY, N.J., July 30, 2018 (GLOBE NEWSWIRE) — Avis Car Rental today announced a deal with Luxury Retreats, acquired by Airbnb in February 2017, to be the official mobility partner of the full service villa rental company, which offers custom-designed trips of a lifetime, including the world’s finest homes, personalized concierge services and world-class hospitality. […]

Avis Budget Group Introduces New Benefits for Amazon Customers

PARSIPPANY, N.J., July 19, 2018 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ:CAR) today introduced plans to reward Amazon customers with special perks when they rent a car through Avis. Beginning today, Amazon customers who book an Avis vehicle can save money on their rental and receive an Amazon.com Gift Card valued at 10 percent* […]