Business News

Avis Budget Group Chief Innovation Officer to Present at Barclays 2018 Global Automotive Conference on November 15, 2018

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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 […]

Partnerships

A Fork in the Road for Avis

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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 […]

Business News

Avis Offers Customers a Chance to “Drive Free”

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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 […]

Business News

Avis Budget Group to Announce Third Quarter 2018 Results on November 5 Conference Call to Discuss Results Scheduled for November 6, 2018

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PARSIPPANY, 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 these results and its full year outlook on Tuesday, November 6, […]

Business News

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

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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 notes offering, […]

Partnerships

Avis Budget Group Partners With Brightline to Support Multi-Modal Transportation Company to make Avis and Zipcar vehicles available at train stations in Miami, Fort Lauderdale and West Palm Beach to enable last-mile connectivity

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PARSIPPANY, N.J., Oct. 04, 2018 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) today announced a mobility partnership with Brightline, the nation’s only privately owned, operated and maintained passenger rail service in the United States. Under the agreement, Avis Budget Group will expand its footprint in Florida to offer Brightline passengers and those living or working near […]

Partnerships

Avis Budget Group Acquires Turiscar Group in Portugal

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PORTUGAL, October 3, 2018 — Avis Budget Group, Inc. (NASDAQ: CAR), a leading mobility solutions provider, today announced it has acquired Turiscar Group a well established, family-owned, car rental company in Portugal. The acquisition will see Avis Budget Group bring on board this leading organisation in Portugal with two distinct brands: Turiscar, a well-respected rental […]

Business News

Gen Z and Millennials Say There’s So Much More to College Than Life on Campus, According to New Zipcar Study

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Zipcar survey reveals today’s students seek off-campus experiences to enhance college years BOSTON, Oct. 01, 2018 (GLOBE NEWSWIRE) — According to a new survey by Zipcar, the world’s leading car-sharing network, in conjunction with OnePoll, four times as many recent grads and college students prefer to spend time off campus with friends and family (40%) than binge […]