🠈  Avis Budget Group  🠊

Avis Budget Group

The Avis Budget Group is a national company offering car rental and car sharing services. The company is headquartered in Parsnippany, NJ. They trade on the NASDAQ with the symbol: CAR.

Their company has more than 11,000 locations worldwide with about 500,000 cars to let. They have 100,000 "connected cars" that work with their "app." The company offers the etoll service for customers who will drive on select toll roads.

Their brands include:

Corporate History

This company has a complex acquisition chain with its primary brands being traded by large conglomerates seeking to create prominent positions in the travel industry.

To simplify the history, I will start with the break up of Cendant.


  1. Funding Universe - Avis Rent a Car (Drawn 11/28/2018)
  2. RTT News: Apex FAQ (Drawn 11/28/2018)
  3. Global Newswire - Avis Budget Group Agrees toe Acquire Maggiore Group (Drawn 11/28/2018)
  4. Avis Budget Timeline (Drawn 11/28/2018)
  5. Auto Rental News - Avis Acquires Portuguese Rental Firm (Drawn 11/28/2018)
  6. Funding Universe - Budget Car Rental (Drawn 11/28/2018)
  7. Auto Rental News - Avis Budget Acquires Payless (Drawn 11/28/2018)

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