Avis Budget Group

Avis Budget Group, Inc.
	An Avis Budget Group location in Toronto
Company type	Public
Traded as	Nasdaq: CAR; DJTA component; S&P 400 component;
Industry	Rental; leasing services;
Predecessor	Cendant
Founded	2006
Founders	Henry Silverman; Warren Avis; Julius Lederer;
Headquarters	Parsippany, New Jersey, United States
Number of locations	11,000 (2019)
Areas served	Worldwide
Key people	Joe Ferraro (president and CEO); Bernardo Hees (chairman);
Services	Car and truck rentals
Revenue	US$9.172 billion (2019)
Operating income	US$788 million (2019)
Net income	US$302 million (2019)
Total assets	US$23.126 billion (2019)
Total equity	US$656 million (2019)
Number of employees	20,000 (2019)
Subsidiaries	Avis Car Rental; Budget Rent a Car; Budget Truck Rental; Payless Car Rental; Zipcar;
Website	avisbudgetgroup.com
	Footnotes / references;

Avis Budget Group, Inc. is American car rental agency holding company headquartered in Parsippany, New Jersey. It is the parent company of several brands including Avis Car Rental, Budget Rent a Car, Budget Truck Rental, Payless Car Rental and Zipcar.

The company also operates several smaller, regional brands including ACL Hire, Apex Car Rentals, AmicoBlu, France Cars, Maggiore Group, MoriniRent, TurisCar and TurisPrime.

It is one of the three big rental car holding companies in the United States. In 2021 it held a 26% market share, placing it behind both the Hertz Global Holdings and Enterprise Holdings.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.