PARSIPPANY, N.J., Feb. 13, 2013 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (Nasdaq:CAR) announced today that its Avis Budget Rental Car Funding (AESOP) LLC subsidiary has completed an offering of $750 million of asset-backed bonds with a weighted average interest rate of approximately 2.0%, the lowest rate on five-year, fixed-rate vehicle debt in the Company’s […]

PARSIPPANY, N.J. and CAMBRIDGE, Mass., Feb. 12, 2013 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (Nasdaq:CAR) and Zipcar, Inc. (Nasdaq:ZIP), the world’s leading car sharing network, today announced that the waiting period under the U.S. Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, expired on February 11, 2013 in connection with Avis Budget’s previously announced […]

PARSIPPANY, N.J., Feb. 7, 2013 (GLOBE NEWSWIRE) — Avis Car Rental today announced that Avis Preferred® Select & Go, the Company’s vehicle selection service, has exceeded 100,000 vehicle exchange transactions, including upgrades. Launched in June and now available at top airport locations in the United States, Select & Go empowers frequent renters to select the vehicle that […]

PARSIPPANY, N.J., Feb. 5, 2013 (GLOBE NEWSWIRE) — The new year is underway and model-year 2013 vehicles are now available at Budget Car Rental locations throughout the United States and Canada. Budget has taken deliveries of new cars and SUVs from a variety of manufacturers, including Ford, Nissan, Volkswagen, Chrysler, Hyundai and General Motors. Budget […]

PARSIPPANY, N.J., Jan. 29, 2013 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (Nasdaq:CAR) announced today that it plans to report its fourth quarter and full-year 2012 results after market close on Wednesday, February 13, 2013, and to host a conference call to discuss such results, as well as its projections, on Thursday, February 14, 2013 […]

PARSIPPANY, N.J., Jan. 28, 2013 (GLOBE NEWSWIRE) — In recognition of its experiential iPad campaign in The Economist, Avis Car Rental won “Magazine Advertisement of the Year” at the 2012 Digital Magazine Awards. Celebrating the best magazines, individuals and advertisers from the digital publishing industry, the international awards honored Avis for bringing to life the idea […]

PARSIPPANY, N.J., Jan. 22, 2013 (GLOBE NEWSWIRE) — Avis Budget Group Chairman and Chief Executive Officer Ronald L. Nelson has signed a “Statement of Support” for the country’s military veterans, reservists and national guardsmen, at a ceremony held at the Company’s world headquarters. A cornerstone effort of the Employer Support of the Guard and Reserve […]