Avis Budget Group Adopts Short-Term Shareholder Rights Plan to Protect the Company and its Shareholders
SRS Investment Management Refuses to Renew Cooperation Agreement on Acceptable Terms PARSIPPANY, N.J., Jan. 28, 2020 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) today announced that a committee (the “Committee”) of its Board of Directors that was formed to manage the Board’s engagement with SRS Investment Management (“SRS”) has unanimously approved the adoption […]
Avis Budget Group and Fiat Chrysler Automobiles Sign New Connected Car Agreement, Giving a More Streamlined, Self-Serve and On-Demand Rental Experience in Europe
Customers of Avis Budget Group renting FCA vehicles in Europe will soon find it easier to pick up and return their vehicles, allowing them to manage their entire rental experience digitally and enabling lock/unlock technology. More than 22,000 connected Fiat, Jeep, Alfa Romeo, Lancia cars and Fiat Professional LCV’s are projected to be added to […]
Avis Budget Group Provides Leadership Update
Joe Ferraro Named Interim Chief Executive Officer PARSIPPANY, N.J., Dec. 30, 2019 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) today announced that its Board of Directors has appointed Joe Ferraro, President, Americas, as Interim Chief Executive Officer, effective January 1, 2020. Mr. Ferraro’s appointment reflects the previously announced departure at year-end of Larry […]
Avis Budget Group Surpasses 200,000 Connected Vehicle Mark
Connected fleet offers trifecta of benefits: operational efficiency, customer satisfaction and new revenue models PARSIPPANY, N.J., Dec. 16, 2019 (GLOBE NEWSWIRE) — Avis Budget Group announced today that it has surpassed the 200,000 connected car threshold globally, a significant marker on its journey to fully connecting its fleet of more than 600,000 vehicles. To date, […]
Avis Named World’s Leading Car Rental Company at World Travel Awards 2019
BRACKNELL, United Kingdom, Dec. 10, 2019 (GLOBE NEWSWIRE) — Leading car rental brand, Avis, has been named the world’s leading car rental company for the second year in a row at the World Travel Awards 2019 Grand Final. The award was announced at an awards ceremony in Muscat, Oman on 28th November 2019. The evening marked […]
Avis Budget Group Partners with Verizon and Edison Interactive to Launch New All-in-One Digital Travel Assistant
Strategic partnership powers an enhanced digital media experience for car rental travelers using Verizon’s nationwide 4G LTE network PARSIPPANY, N.J., Dec. 10, 2019 (GLOBE NEWSWIRE) — Avis Budget Group, in partnership with Verizon and Edison Interactive, today announced the launch of a new all-in-one digital travel assistant exclusively available to Avis, Budget, and Payless Car […]
Avis Named #1 Rental Car Travel App by J.D. Power
Avis mobile app ranked highest in customer satisfaction in J.D. Power 2019 U.S. Travel App Satisfaction Study PARSIPPANY, N.J., Nov. 20, 2019 (GLOBE NEWSWIRE) — Avis Car Rental was named the 2019 top rental car travel app by J.D. Power. The Avis mobile app ranked the highest in customer satisfaction, receiving the highest score out […]
Avis Budget Group Recognized for Support of Women in the Workplace at Inaugural WINiT Awards Gala
WINiT names Avis Budget Group’s Vice President of Sales, Beth Kinerk, among Top 40 Women in Travel PARSIPPANY, N.J., Nov. 15, 2019 (GLOBE NEWSWIRE) — Avis Budget Group has been honored as the winner of The Creating a Company Culture for Women to Advance and Succeed Award at the inaugural WINiT Awards presented by the Global […]
Avis Budget Group Renews Exclusive AARP Relationship
AARP members can save on their next trip with rental car discounts and benefits PARSIPPANY, N.J., Oct. 28, 2019 (GLOBE NEWSWIRE) — Avis Budget Group today announced the renewal of a multi-year agreement to extend its relationship as the exclusive car rental provider for AARP members. Avis Budget Group will continue to provide AARP members […]
Avis Budget Group Names Avis Car Rental And Budget Car Rental Licensees of The Year
LONDON, Sept. 26, 2019 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) has announced its Avis Car Rental and Budget Car Rental Licensees of the Year for the International Region, which includes, Europe, the Middle East, Africa, Asia and Asia-Pacific. This year’s recipients of the annual awards are Avis Turkey and Budget Romania. Each honoree accepted […]