Avis Budget Group Reports Strong Second Quarter 2018 Results
PARSIPPANY, N.J., Aug. 07, 2018 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) today reported results for its second quarter ended June 30, 2018. Revenue grew 4% to a record $2.3 billion in the second quarterSignificant improvements in per-unit fleet costs and utilizationNet Income improved to $26 million and Adjusted Net Income increased 84% […]
Avis Budget Group Partners With Lyft to Provide Drivers With On-Demand Access to Avis Vehicles
PARSIPPANY, N.J., Aug. 06, 2018 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) today announced a multi-year deal with Lyft, the fastest growing ride hailing company, in which Avis will add thousands of vehicles to the Lyft Express Drive program in cities across North America. The partnership will make it easier for people to […]
Avis Teams Up with Luxury Retreats to Offer a New Standard in Travel
PARSIPPANY, N.J., July 30, 2018 (GLOBE NEWSWIRE) — Avis Car Rental today announced a deal with Luxury Retreats, acquired by Airbnb in February 2017, to be the official mobility partner of the full service villa rental company, which offers custom-designed trips of a lifetime, including the world’s finest homes, personalized concierge services and world-class hospitality. […]
Avis Budget Group Introduces New Benefits for Amazon Customers
PARSIPPANY, N.J., July 19, 2018 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ:CAR) today introduced plans to reward Amazon customers with special perks when they rent a car through Avis. Beginning today, Amazon customers who book an Avis vehicle can save money on their rental and receive an Amazon.com Gift Card valued at 10 percent* […]
Avis Budget Group to Announce Second Quarter 2018 Results on August 7
PARSIPPANY, N.J., July 11, 2018 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ:CAR) announced today that it plans to report its second quarter 2018 results after the market close on Tuesday, August 7, 2018, and to host a conference call for institutional investors to discuss these results and its full year outlook on Wednesday, August […]
London to go Electric From Summer 2018
LONDON, June 01, 2018 (GLOBE NEWSWIRE) — Zipcar, the world’s leading car-sharing network, has announced it will be introducing over 300 Volkswagen e-Golfs to London this year, in what is expected to be the largest number of publicly available shared electric cars in the country. While full details of the scheme and how it will […]
Zipcar and the City of New York Announce Two Major Initiatives to Reduce Personal Car Ownership and Increase Access to Car Sharing
NEW YORK, May 31, 2018 (GLOBE NEWSWIRE) — Zipcar, the world’s leading car-sharing network, and the City of New York, today announced two major initiatives that will soon make car sharing available in more neighborhoods and to more individuals throughout the city while reducing the need for personal vehicle ownership. Through participation in the Department […]
Avis Opens Car Sales Locations, Offering Previously-Owned Vehicles at Competitive Prices
PARSIPPANY, N.J., May 09, 2018 (GLOBE NEWSWIRE) — Avis today announced the opening of several car sales locations across Florida, Texas, and Massachusetts through its Avis Car Sales program. The large selection of newer, low-mileage vehicles which are competitively priced, are perfect for savvy car buyers. All vehicles are Avis Certified — meaning they have […]
Avis Budget Group Reports Strong First Quarter 2018 Results
PARSIPPANY, N.J., May 02, 2018 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ:CAR) today reported results for its first quarter ended March 31, 2018. Revenue grew 7% to a record $2.0 billion in the first quarter Net loss improved by $20 million Adjusted EBITDA improved by $29 million Company reaffirms its projected full-year 2018 results“The […]
Avis Budget Group Brings Connected Cars to Europe with Groupe PSA Partnership
6,000 vehicles already in service, with a total of 11,000 connected cars expected by year’s endGroupe PSA is a leading supplier of connected vehicles to Avis Budget Group in Europe through the Peugeot, Citroën and DS brandsPARSIPPANY, N.J., April 30, 2018 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ:CAR) today announced the addition of 6,000 […]