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Avis Budget Group, recently announced second quarter 2020 financial results, with a Net loss of USD481 million and an Adjusted net loss of USD388 million. Total Revenues were down 67 percent year-over-year.

Avis Budget Group announced that it is one of the founding partners behind Urban Movement Labs (UML), a first-of-its-kind public-private partnership to accelerate transportation innovation launched by Eric Garcetti, mayor, Los Angeles.

Avis Budget Group announced a partnership with Otonomo, one of the leading automotive data services platform.