Avis Budget Group
Holding company of several car rental brands / From Wikipedia, the free encyclopedia
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,[3] Budget Rent a Car,[4] Budget Truck Rental, Payless Car Rental and Zipcar.[5]
Quick Facts Company type, Traded as ...
Company type | Public |
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Industry | |
Predecessor | Cendant |
Founded | 2006; 18 years ago (2006) |
Founders | |
Headquarters | , United States |
Number of locations | 11,000 (2019) |
Areas served | Worldwide |
Key people |
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Services | Car and truck rentals |
Revenue | US$12.1 billion (2023) |
US$2.6 billion (2023) | |
US$1.6 billion (2023) | |
Total assets | US$27.4 billion (2023) |
Total equity | US$349 million (2023) |
Number of employees | 21,000 (2023) |
Subsidiaries | |
Website | avisbudgetgroup |
Footnotes / references [1][2] |
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The company also operates several smaller, regional brands including ACL Hire, Apex Car Rentals,[6] AmicoBlu, France Cars, Maggiore Group,[7] MoriniRent, TurisCar and TurisPrime.[5]
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.[8]