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Avis Budget Group is the parent company of several car rental brands, including Avis Car Rental, Budget Rent a Car, Payless Car Rental and Zipcar. It operates worldwide and was formed in 2006 as a spin-off from Cendant.
In November 2002 Budget sold its truck and car businesses to Cherokee Acquisition Corporation, which is owned by Cendant Corporation. [5] In September 2006 Budget Rent a Car, Avis Rent a Car, and Budget Truck Rental were spun off by Cendant as a separate company, Avis Budget Group. In 2007, its headquarters was transferred to Morris County, New ...
Penske Truck Leasing is a joint venture of Penske Corporation, Penske Automotive Group, and Mitsui & Co. that provides truck rentals, leasing, maintenance, logistics, and used truck sales worldwide. Founded by Team Penske owner Roger Penske in 1969, the company has over 40,000 employees and operates a fleet of over 450,000 vehicles.
Learn about the history, operations and services of Avis Car Rental, an American car rental company and a subsidiary of Avis Budget Group. Find out how Avis became the second largest car rental company in the US and expanded to 165 countries.
Learn about the history, locations and spokespersons of Budget Rent a Car, an American car rental company and a subsidiary of Avis Budget Group. Find out how Budget undercut the established companies and expanded internationally since 1958.
Cendant was an American provider of business and consumer services, mainly in the real estate and travel industries, until 2006. It was involved in a massive accounting scandal in 1998 and broke up into several spin-offs, including Avis Budget Group.
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