25.74 +0.28 (1.10%)
After hours: 5:50PM EDT
|Bid||25.43 x 1100|
|Ask||25.44 x 2200|
|Day's Range||25.44 - 26.05|
|52 Week Range||21.63 - 37.27|
|Beta (3Y Monthly)||1.99|
|PE Ratio (TTM)||10.09|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
PARSIPPANY, N.J., Aug. 05, 2019 -- Avis Budget Group, Inc. (NASDAQ: CAR) today reported results for its second quarter ended June 30, 2019. Second Quarter Highlights: Record.
Avis Budget Group (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 Otonomo Automotive Data Services Platform will help Avis Budget Group gain new and actionable insights from its connected cars, which span a diverse range of makes, models and telematics technologies. The Otonomo Platform also provides Avis Budget Group with new opportunities for collaboration with cities and other partners that benefit its customers and the general public.
PARSIPPANY, N.J., July 18, 2019 -- Avis Budget Group, Inc. (NASDAQ: CAR) announced today that it plans to report its second quarter 2019 results after the market close on.
Avis Budget Group, Inc. (CAR) today announced the selection of its Avis and Budget Licensees of the Year for Latin America and the Caribbean. This year’s recipients for the region are Avis Chile and Budget Costa Rica. Each honoree accepted the accolade at a commemorative event held in San Jose Costa Rica.
Avis Budget Group, Inc. (CAR) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc., have completed an offering of $400 million aggregate principal amount of 5.75% Senior Notes due 2027 in a private offering. Avis Budget Group intends to use the net proceeds from the notes offering, together with cash on hand, to redeem a portion of its outstanding 5.50% Senior Notes due 2023 and pay related fees and expenses, with any remainder to be used for general corporate purposes. The newly-issued notes are guaranteed on a senior unsecured basis by Avis Budget Group, Inc. and certain of its U.S. subsidiaries and were issued at par.
Avis Budget Group, Inc. (CAR) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc., intend, subject to market and other customary conditions, to offer $400 million aggregate principal amount of senior notes due 2027 in a private offering. The notes will be guaranteed on a senior unsecured basis by Avis Budget Group, Inc. and certain of its U.S. subsidiaries. Avis Budget Group intends to use the net proceeds from the notes offering, together with cash on hand, to redeem a portion of its outstanding 5.50% Senior Notes due 2023 and pay related fees and expenses, with any remainder to be used for general corporate purposes.
Avis Car Rental is the first car rental company to introduce split payment functionality to its mobile app experience. Split My Bill, a new payment feature within the Avis mobile app, provides travelers with the ability to split car rental payments between two different credit cards or forms of payment. A recent Avis Car Rental survey of travelers nationwide reveals that 87 percent are likely to mix business and leisure in the same trip.
Avis Budget Group, Inc. (CAR) today announced the planned departure of President and Chief Executive Officer Larry De Shon after a 13-year career with the Company. The Board has formed a CEO Search Committee led by Director Lynn Krominga, Chair of the Corporate Governance Committee. Leonard S. Coleman, Chairman of the Board, stated: “On behalf of the Board and the entire team, I’d like to thank Larry for the many contributions he has made to Avis Budget Group since he joined the Company in 2006, and for his exceptional leadership as CEO for the last four years.
Today, Zipcar is announcing the official launch of its free park pass program just in time for the busy Memorial Day and Victoria Day travel weekends. “We know our members love the cities they live in, but also enjoy the freedom of being able to hit the open road and explore areas beyond city limits from time to time,” said Sherrill Kaplan, head of marketing and sales at Zipcar. Zipcar piloted its free park pass program in five states, and due to its overwhelming success, has scaled it to seven states and Canada beginning May 2019.
PARSIPPANY, N.J., May 01, 2019 -- Avis Budget Group, Inc. (NASDAQ: CAR) today reported results for its first quarter ended March 31, 2019. First Quarter Highlights: Revenues.
LONDON, April 26, 2019 -- Avis Budget Group has been awarded multiple accolades at the 2019 World Travel Awards, for its car rental brands Avis and Budget, across the Middle.
Avis Budget Group, Inc. (CAR) announced today that it plans to report its first quarter 2019 results after the market close on Wednesday, May 1, 2019, and to host a conference call for institutional investors to discuss these results and its full year outlook on Thursday, May 2, 2019 at 8:30 a.m. Eastern time. Avis Budget Group is a leading global provider of mobility solutions through our three most recognized brands, Avis, Budget and Zipcar, together with several other brands well recognized in their respective markets. Avis Budget Group has approximately 30,000 employees and is headquartered in Parsippany, N.J. More information is available at www.avisbudgetgroup.com.
Avis Budget Group, Inc. (CAR) today announced car rental services available to Paine Field Airport that recently opened its doors in Everett, Washington. A courtesy shuttle will meet all incoming flights and transport passengers to the full-service Avis and Budget car rental facility located less than two miles from the airport terminal. “This Avis and Budget car rental facility has been a part of the Everett community for decades and we’re looking forward to helping both business and leisure travelers select from our full range of vehicles to explore the local area or head into downtown Seattle,” said Jeff Eisenbarth, west area vice president, Avis Budget Group.
Avis and Arrive just made finding parking a snap for users of the Avis app. Available now, Avis app users can find, instantly book and pre-pay for parking, saving drivers time, effort and money. “We are constantly striving to improve the customer experience, and solving one of the biggest pain points – parking – will go a great distance to helping us achieve our goal,” said Arthur Orduna, Chief Innovation Officer, Avis Budget Group.
Avis has once again achieved top car rental company status in the Brand Keys Customer Loyalty Engagement Index.® The 2019 study examined brands in 90 categories to identify the drivers that engage customers, stimulate loyalty and advance real profits, and Avis received the highest marks in the car rental category by ranking first across all four behavioral engagement drivers. This year’s accolade marks the 20th consecutive year that Avis has been honored. “Trust – an engagement factor in every product and service category – has become the indispensable connective tissue between brands and customer loyalty,” said Robert Passikoff, president of Brand Keys.
NEW YORK, Feb. 22, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
PARSIPPANY, N.J., Feb. 20, 2019 -- Avis Budget Group, Inc. (NASDAQ: CAR) today reported results for its fourth quarter and full year ended December 31, 2018. Revenues grew 2%.
Avis Budget Group, Inc. (CAR) today announced Business Intelligence (BI), an online portal complete with rental summary dashboards, rich visualizations and detailed reports that provides corporate travel managers with insight into their program’s performance. The solution gives corporate customers direct access to more data than ever before, right at their fingertips. Avis Budget Group is first to market in the personal mobility space to offer an on-demand customer-facing portal with this caliber of data insights, including options to customize and schedule reports.
Since 2002, Mr. North has held various leadership roles in finance, including Chief Financial Officer and Chief Accounting Officer, at Lithia Motors, Inc., a Fortune 500 company and one of the largest automotive retailers in the United States. Mr. North was instrumental in transforming Lithia’s finance and accounting functions as the company grew significantly from 2010 to 2018, and completing numerous acquisitions and integrating the businesses.
Budget Truck Rental today announced a new partnership with Fetch, the self-service truck startup, which makes Budget trucks available for rent through Fetch’s mobile marketplace. Fetch users can rent Budget box trucks, cargo vans and pickup trucks by the hour, day or week with prices as low as $10 per hour. For consumers who seek access to a larger vehicle for specific transport needs, Fetch offers rental options with more flexible terms. The partnership is currently active at 13 locations across Orlando, Fla., with plans to expand to other regions and states throughout the year.
PARSIPPANY, N.J., Feb. 04, 2019 -- Avis today announced that it has been named the exclusive mobility partner for AMResorts and its collection of more than 50 luxury resort.
NEW YORK, Jan. 30, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Zipcar, the world’s leading car-sharing network, and Honda today announced an expansion of their strategic mobility partnership. The agreement will add hundreds of new Honda vehicles to Zipcar’s diverse fleet, while focusing on supporting Zipcar’s university program in California and the expansion of Zipcar’s successful service in Columbus, Ohio. In Columbus, a first-of-its-kind exclusive Honda car-sharing fleet is launching today, expanding Zipcar’s already successful program in the city.
PARSIPPANY, N.J., Jan. 16, 2019 -- Avis Budget Group, Inc. (NASDAQ: CAR) announced today that it plans to report its fourth quarter 2018 results after the market close on.
HENDERSON, NV / ACCESSWIRE / January 15, 2019 / Between self-driving cars, and subscription car services, the auto industry is going to look completely different in coming years. The companies leading ...