<Page> EXHIBIT 99.1 SELECTED HISTORICAL CONSOLIDATED FINANCIAL DATA OF AVIS GROUP HOLDINGS, INC. The selected historical consolidated financial data for the year ended December 31, 2002 has been derived from unaudited consolidated financial information. The selected historical consolidated financial data for the ten-month period ended December 31, 2001, the two-month period ended February 28, 2001 and each of the years ended December 31, 2001, 2000 and 1999 have been derived from Avis' audited consolidated financial statements. You should read this table in conjunction with Avis's Annual Report on Form 10-K for the year ended December 31, 2001 and Quarterly Reports on Form 10-Q for the quarterly periods ended March 31, June 30 and September 30, 2002. All dollar amounts are in thousands. <Page> AVIS GROUP HOLDINGS, INC. SELECTED HISTORICAL CONSOLIDATED FINANCIAL DATA (DOLLARS IN THOUSANDS) <Table> <Caption> PREDECESSOR COMPANIES (a) ---------------------------------------- MARCH 1, 2001 YEARS ENDED (DATE OF ------------------------- YEAR COMBINED YEAR ACQUISITION) TWO MONTHS ENDED ENDED TO ENDED DECEMBER 31, DECEMBER 31, DECEMBER 31, FEBRUARY 28, DECEMBER 31, DECEMBER 31, 2002 2001 (b) 2001 2001 2000 1999 ----------- ----------- ----------- ----------- ----------- ----------- STATEMENTS OF OPERATIONS DATA: Revenues $ 2,512,198 $ 2,387,780 $ 2,001,959 $ 385,821 $ 2,613,476 $ 2,500,746 Expenses 2,429,579 2,499,867 2,071,809 428,058 2,514,372 2,409,198 ----------- ----------- ----------- ----------- ----------- ----------- Income (loss) before income taxes 82,619 (112,087) (69,850) (42,237) 99,104 91,548 Provision (benefit) for income taxes 30,982 (29,868) (14,085) (15,783) 42,740 40,345 ----------- ----------- ----------- ----------- ----------- ----------- Income (loss) from continuing operations 51,637 (82,219) (55,765) (26,454) 56,364 51,203 Income from discontinued operations, net of tax (c) -- 4,947 -- 4,947 64,312 41,382 Extraordinary gains, net of tax 809 -- -- -- -- -- Cumulative effect of accounting change, net of tax -- (7,612) -- (7,612) -- -- ----------- ----------- ----------- ----------- ----------- ----------- Net income (loss) $ 52,446 $ (84,884) $ (55,765) $ (29,119) $ 120,676 $ 92,585 =========== =========== =========== =========== =========== =========== SELECTED OPERATING DATA: Monthly average peak number of rental vehicles during period 248,045 243,731 243,731 222,532 253,503 248,016 Number of rental transactions during period (in thousands) 15,760 15,679 13,186 2,493 17,150 16,491 <Caption> DECEMBER 31, DECEMBER 31, DECEMBER 31, DECEMBER 31, 2002 2001 2000 1999 ----------- ----------- ----------- ----------- BALANCE SHEET DATA: Vehicles, net (d) $ 4,173,847 $ 3,428,893 $ 3,717,530 $ 3,317,513 Total assets (e) (f) 6,797,643 6,538,083 6,520,006 6,446,668 Vehicle debt 4,245,703 3,771,341 3,816,682 3,387,520 Non-vehicle debt 534,231 588,259 730,333 1,567,902 Stockholders' equity 345,373 321,086 755,114 661,684 </Table> <Page> NOTES TO SELECTED HISTORICAL CONSOLIDATED FINANCIAL DATA (a) On March 1, 2001 (Date of Acquisition) all the common stock of Avis not then owned by Cendant was acquired by a wholly-owned subsidiary of Cendant. The periods prior to the acquisition have been designated "Predecessor Companies". (b) Presented on a combined twelve-month basis and includes the results of Avis and its consolidated subsidiaries for the period March 1, 2001 (Date of Acquisition) to December 31, 2001 and the results of the Predecessor Companies for the two months ended February 28, 2001. (c) Represents the results of operations of the Avis former fleet management and fuel card businesses. (d) Includes rental vehicles and vehicles held for sale. Buses and support vehicles were reclassified from this line item to the Property, Plant and Equipment line item (not shown on the table) on the Consolidated Balance Sheets during 2002 for all periods presented. (e) Includes net deferred tax assets as of December 31, 2002, 2001 and 2000 of $481,335, $548,087 and $379,138, respectively. (f) Includes net assets of discontinued operations as of December 31, 2000 and 1999 of $778,644 and $1,552,189, respectively.