Business News

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

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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

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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 Appoints Keith Rankin as President of International Region

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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

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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

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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 […]