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 […]
Self-driving cars and ride-hailing services could make the car-rental industry obsolete—or create a huge opportunity. Here’s how Avis Budget is adapting. By Phil Wahba 6:30 AM EDT ARE THERE ANY EXPERIENCES MORE JOYLESS THAN renting a car at the airport? Cranky after a long flight, you clamber onto a crowded shuttle bus. Then you join the line […]
Customers renting Ford Motor Company vehicles from Avis Budget Group’s U.S. fleet soon will find it easier to receive and return their vehicles More 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 goals PARSIPPANY, N.J., Oct. 23, […]
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 […]
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 […]