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Newsby StaffFebruary 15, 2022

Avis Records Best Q4 Ever, Full Year Beats 2019

Avis Budget Group’s adjusted EBIDTA of $683 million in the fourth quarter of 2021 was its best in the company’s history. Full-year revenues beat 2019 by 2%.

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Newsby Amy HercherFebruary 5, 2022

Avis Named Customer Loyalty Winner

Avis Car Rental is one of the 2022 Automotive Sector Loyalty Winners in Brand Keys’ Silver Anniversary Customer Loyalty Engagement Index.

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Newsby StaffDecember 21, 2021

Avis Employee Used Apple Pay to Scam Customers

This employee committed grand theft over $5,000 and Avis Budget lost $7,479 in rental fees. She faces a charge of larceny and fraud.

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Newsby StaffAugust 4, 2021

Avis Reports Record Earnings in Q2

As Avis Budget Group’s second quarter adjusted EBITDA came in at $624 million, the best in the company's 75-year history.

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Newsby StaffMay 19, 2021

After 20 Years, a Rental Car Thief Faces Justice

After being accused of stealing a rental car from Avis Car Rental almost 20 years ago, a Connecticut woman has been charged with first-degree larceny.

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Newsby StaffFebruary 7, 2021

In Memoriam: Joe Vittoria, Former Avis CEO

In addition to Avis, Vittoria served in a global role at Hertz. After car rental, he developed a line of sailing superyachts.

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Newsby StaffJanuary 20, 2021

Avis Schedules 2020 Financial Call

The company will host a conference call for institutional investors to discuss these results on Feb. 17 at 8:30 a.m. Eastern time.

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Newsby Chris BrownDecember 30, 2020

Analysts Are Bullish on Avis

Market watchers are pegging Avis Budget Group’s recent stock spike to the vaccine rollout. They cite the company’s ability to adjust fleet to demand, its solid financial position regarding fleet debt, and its success in removing $2.5 billion in costs for 2020.

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Newsby StaffDecember 7, 2020

Avis Offers Subscription Service in South Africa with FlexClub

Through the FlexClub marketplace, members pay a monthly "Buy Now, Pay Later" subscription for a car while earning points that discount the purchase price of the car.

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Newsby StaffOctober 15, 2020

Avis Announces Q3 Financial Call

Avis will host a conference call for institutional investors to discuss these results Oct. 30 at 8:30 a.m. Eastern time.

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