CAR - Avis Budget Group Ord Shs

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Avis Budget Group, Inc. and its subsidiaries provide car and truck rentals, car sharing, and related services to businesses and consumers. The company operates the Avis brand, which offers vehicle rentals and other mobility solutions for premium commercial and leisure travelers. It also runs the Budget Truck brand, which provides local and one-way truck and cargo van rentals with a fleet of about 20,000 vehicles through around 850 locations in the continental United States. Additionally, Avis Budget Group operates the Zipcar brand, a car-sharing network.

The company also manages seweral other car rental brands, including Budget, Payless, Apex, Maggiore, MoriniRent, FranceCars, Amicoblue, Turiscar, and ACL Hire. It offers various optional insurance products and services, such as supplemental liability, personal accident, personal effects protection, emergency sickness protection, automobile towing protection, and cargo insurance. Other services include fuel options, roadside assistance, electronic toll collection, curbside delivery, tablet rentals, satellite radio access, portable navigation units, and child safety seat rentals. For moving, the company provides automobile towing equipment, hand trucks, furniture pads, and other supplies. They also offer a Business Intelligence solution, an online portal for corporate travel management.

Avis Budget Group, Inc. operates around 10,400 locations worldwide. The company, headquartered in Parsippany, New Jersey, was originally founded in 1946. It was formerly known as Cendant Corporation until it changed its name to Avis Budget Group, Inc. in September 2006.

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