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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]
In 2011, Avis Budget Group acquired Avis Europe, an independently owned company licensee, globally reuniting the Avis and Budget brands. [10] On September 5, 2012, Avis Budget Group acquired Apex Car Rentals of New Zealand. [11] On March 14, 2013, Avis Budget Group purchased carsharing company Zipcar for about US$500 million in cash. [12] [13]
Avis opened Avis Rent A Car at Willow Run Airport in Ypsilanti, Michigan and at Miami International Airport in Florida. [4] He sold the company in 1954 for $8 million. Avis established his business credentials by positioning himself as a capable negotiator between the major automotive companies and their union leaders and rank-and-file members.
[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 ...
Budget Rent a Car System, Inc. is an American car rental company that was founded in 1958 in Los Angeles, California by Morris Mirkin. [2] Budget is a subsidiary of the Avis Budget Group , with its operations headquartered in Parsippany , New Jersey.
Robert Chase Townsend (July 30, 1920 – January 12, 1998) was an American business executive and author who is noted for transforming Avis into a rental car giant, and writing Up the Organization on business management, which spent 28 weeks on The New York Times Best Seller list upon its publication in 1970.