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Avis Budget Group, Inc. Avis Budget Group, Inc. is an 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]
Avis logo used from 1964 until December 2012. A Dodge Grand Caravan from Avis. Toyota Coaster from Avis. 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]
Born. August 4, 1915. Bay City, Michigan, U.S. Died. April 24, 2007 (age 91) Ann Arbor, Michigan, U.S. Occupation. Founder of Avis Car Rentals. Warren Edward Avis (August 4, 1915 – April 24, 2007) was an American entrepreneur who founded Avis Car Rentals in 1946.
Avis had to cut jobs and realign its fleet after the pandemic hammered rental demand in 2020, but things are starting to look up as vaccine rollouts gather pace and people get back on the road.
A car rental, hire car or car hire agency is a company that rents automobiles for short periods of time to the public, generally ranging from a few hours to a few weeks. It is often organized with numerous local branches (which allow a user to return a vehicle to a different location), and primarily located near airports or busy city areas and often complemented by a website allowing online ...
[43] [44] In 2002, Cendant bought Budget Rent a Car out of bankruptcy for $110 million plus $2.8 billion in assumed debt. [45] The combination of Budget with Avis made Cendant the second-largest car rental company in the U.S. [45] In 2004, Cendant began a series of moves to simplify its business and focus on its core areas of real estate and ...
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