Avis Car Rental
American car rental brand / From Wikipedia, the free encyclopedia
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Avis Car Rental, LLC is an American car rental company headquartered in Parsippany, New Jersey.[3] Along with Budget Rent a Car, Budget Truck Rental and Zipcar, Avis is a unit of Avis Budget Group.[4]
Company type | Subsidiary |
---|---|
Industry | Car rental |
Founded | 1946; 78 years ago (1946) in Ypsilanti, Michigan, U.S. |
Founder | Warren Avis |
Headquarters | Parsippany, New Jersey, U.S. |
Number of locations | 5,500[1] (2019) |
Areas served | 165 countries[1] |
Key people | Joe Ferraro (CEO and president) |
Revenue | US$5.3 billion[2] (2019) |
Parent | Avis Budget Group |
Website | www |
Footnotes / references [1][2] |
Avis Budget Group operates the Avis brand in North America, South America, Europe, India, Australia, New Zealand, and South Africa. In 2011, Avis acquired Avis Europe plc,[5] which had been a separate corporation licensing the Avis brand.
Since the late 1970s, Avis has featured mainly General Motors (GM) vehicles such as Chevrolet, but today also rents other popular brands such as Ford and Toyota.[6][7]
Avis was the first car rental business to be located at an airport,[8] and today is a provider to the commercial segment serving business travelers at major airports internationally, and to leisure travelers at off-airport locations. Many of the off-airport locations are franchised operations rather than company-owned and operated, as is the case with most airport locations. In January 2013, the company agreed to acquire Zipcar for $491 million.[9]