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, […]
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 […]
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 […]
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 […]
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 […]
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, […]
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 in San Jose Costa Rica. The annual Licensee […]
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 use the net proceeds from the notes offering, […]
PARSIPPANY, N.J., June 19, 2019 — 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 notes will […]
Travelers Can Now Split Rental Charges Between Business and Personal Credit Cards PARSIPPANY, N.J., June 3, 2019 — Avis Car Rental is the first car rental company to introduce split payment functionality to its mobile app experience. Split My Bill, a new payment feature within the Avis mobile app, provides travelers with the ability to […]