Press Releases – Page 2 – Avis Budget Group

Avis Budget Group Announces Role as Founding Partner of Urban Movement Labs, Driving Transportation Innovation in Los Angeles

Posted on November 14, 2019January 30, 2020

Led by Los Angeles Mayor Eric Garcetti, Urban Movement Labs is America’s first public-private partnership charged with bringing new mobility solutions to L.A. communities PARSIPPANY, N.J., Nov. 14, 2019 — Avis Budget Group announces today it is one of the founding partners behind Urban Movement Labs, a first-of-its-kind public-private partnership to accelerate transportation innovation launched […]

Business News

Avis Budget Group’s Julia Kemp Receives Prestigious ITT 2019 Odyssey Award

Posted on November 8, 2019January 30, 2020

London, November 1, 2019: Julia Kemp, Director of Sales & Partnerships – International, at Avis Budget Group has been honoured as the 2019 recipient of the prestigious Institute of Travel & Tourism (ITT) Odyssey Award. The award was presented to Julia by Chris Mottershead, President of the membership organisation for professionals employed in the travel […]

Business News

Avis Budget Group Reports Third Quarter 2019 Results

Posted on October 31, 2019November 3, 2019

Avis Budget Group, Inc. (NASDAQ: CAR) today reported results for its third quarter ended September 30, 2019. Third Quarter 2019 over Third Quarter 2018 Highlights: Revenues of $2.8 billion were comparable to prior year, up 1% excluding currency exchange rate movements Net income was $189 million or $2.50 per diluted share and Adjusted net income was […]

Business News

Avis Budget Group Renews Exclusive AARP Relationship

Posted on October 28, 2019November 19, 2019

AARP members can save on their next trip with rental car discounts and benefits Avis Budget Group today announced the renewal of a multi-year agreement to extend its relationship as the exclusive car rental provider for AARP members. Avis Budget Group will continue to provide AARP members with discounted rates and special offers on vehicle […]

Business News

Avis Budget Group to Announce Third Quarter 2019 Results on October 31st

Posted on October 7, 2019October 7, 2019

Conference Call to Discuss Results Scheduled for November 1st, 2019 Avis Budget Group, Inc. (NASDAQ: CAR) announced today that it plans to report its third quarter 2019 results after the market close on Thursday, October 31st, 2019, and to host a conference call for institutional investors to discuss these results and its full year outlook on Friday, […]

Business News

Avis Launches Annual “Free Days” Promotion, Rewards Drivers for Loyalty

Posted on September 23, 2019September 23, 2019

Customers can earn free rental day rewards after renting with Avis twice Avis has announced the launch of “Free Days”, a promotion that allows customers to earn a free rental day each time they complete two qualifying rentals. Formally known as “Drive Free,” the promotion runs through February 29, 2020 and is open to Avis […]

Business News

Avis Budget Group Appoints Keith Rankin as President of International Region

Posted on September 10, 2019September 23, 2019

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 South Africa – a licensee partner of […]

Business News

Avis Budget Group Reports Second Quarter 2019 Results

Posted on August 6, 2019August 7, 2019

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 $36 million increase from prior year, for diluted […]

Partnerships

Avis Budget Group Partners with Otonomo to Unlock the Potential of Its Connected Car Data

Posted on July 31, 2019July 31, 2019

Otonomo will help optimize Avis Budget Group connected car data to realize new societal benefits, including smart city and traffic planning Avis Budget Group (NASDAQ: CAR) today announced a partnership with Otonomo, the leading automotive data services platform, to unlock new avenues for value creation from the data generated by its connected fleet. The fleet will cover […]

Business News

Avis Budget Group to Announce Second Quarter 2019 Results on August 5th

Posted on July 12, 2019July 19, 2019

Conference Call to Discuss Results Scheduled for August 6th, 2019 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 results and its full year outlook on Tuesday, […]