Welcome to our dedicated page for Avis Budget news (Ticker: CAR), a resource for investors and traders seeking the latest updates and insights on Avis Budget stock.
Avis Budget Group, Inc. (CAR) delivers innovative mobility solutions through its Avis, Budget, and Zipcar brands worldwide. This news hub provides investors and industry observers with timely updates on corporate developments shaping the vehicle rental and car-sharing sectors.
Access official press releases, financial disclosures, and strategic announcements covering key operational areas. Track updates on fleet management innovations, partnership expansions, and market leadership initiatives across North America, Europe, and Australasia.
Our curated news collection enables informed analysis of the company's premium rental services (Avis), value-focused solutions (Budget), and urban mobility platforms (Zipcar). Discover updates on licensing agreements, technological advancements in digital booking systems, and sustainability efforts within the transportation sector.
Bookmark this page for centralized access to CAR's evolving position in the competitive mobility landscape. Monitor critical updates including quarterly earnings reports, leadership changes, and industry recognition that impact long-term strategic positioning.
Avis Budget Group, Inc. (NASDAQ: CAR) is set to release its first quarter 2023 results after market close on May 1, 2023. The company will also host a conference call for institutional investors on May 2, 2023, at 8:30 a.m. Eastern time to discuss these results. Investors can participate by dialing (877)-407-2991 or accessing the call via their website. A web replay will be available post-call, and a telephone replay will be accessible until May 16, 2023. Avis Budget Group is a global leader in mobility solutions, operating major car rental brands and Zipcar, with over 10,000 locations across about 180 countries.
On March 29, 2023, the NYC Department of Transportation announced a significant expansion of the curbside carshare program, adding 270 new parking spaces, with over a third allocated to Zipcar. This expansion will triple the available on-street Zipcar spaces, improving access for New Yorkers. Over 100 additional vehicles will be added, enhancing service in neighborhoods like West Village and Kew Gardens Hills. Zipcar's membership costs $9 per month or $90 annually, with driving rates starting at $12.50 per hour. The initiative aims to provide sustainable and equitable transportation, contributing to a reduction in carbon emissions.
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