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The sale of Travelport to Blackstone was completed on August 23, 2006. [68] This left Cendant with only its car rental business, comprising Avis, Budget Rent a Car, and Budget Truck Rental. The company retired the Cendant name and renamed itself to Avis Budget Group on September 1, 2006. [69] [70]
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 ...
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Avis Budget didn't grow earnings in 2024, but 2025 looks better.
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] Avis Budget Group operates the Avis ...