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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 .
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 brand in North America, South America, Europe, India, Australia, New Zealand, and South Africa. In 2011, Avis acquired Avis Europe plc, [5] which had been a separate corporation licensing the Avis brand.
Avis Europe plc is a United Kingdom-based company which holds the licence to operate the two main vehicle rental brands of Avis Budget Group (Avis Car Rental and Budget Rent a Car) in Europe, the Middle East and Africa as well as Asia in the case of Avis. In 2011 it was acquired by Avis Budget Group.
Pro-investor steps and fleet expansion bode well for Avis Budget (CAR) stock.
Avis Budget didn't grow earnings in 2024, but 2025 looks better.
Rating Action: Moody's assigns B3 to Avis Budget's $600 million of senior unsecured notes; Outlook negativeGlobal Credit Research - 17 Feb 2021New York, February 17, 2021 -- Moody's Investors ...
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Avis Budget Group Inc. (NASDAQ: CAR) on Monday reported total revenue of $1.8 billion in its first quarter, down 9% from the same quarter a year ago.The parent company of Avis Car Rental posted a ...