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The company was founded in 1946 with three cars at Willow Run Airport, [10] Ypsilanti, Michigan, by Warren Avis (August 4, 1915 – April 24, 2007). [8] It established branch operations across the United States over the next few years, becoming the second largest car rental company in the country by 1953.
Zipcar drop off/pick up area in downtown Washington, D.C. Zipcar provides liability coverage of $100,000 bodily injury per person, $300,000 bodily injury maximum, and $25,000 property damage per accident for members over 21 years of age who joined after March 1, 2015.
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 .
Investing.com -- Shares of Avis Budget Group (NASDAQ:CAR) jumped 14% in extended trading after the company released its first-quarter earnings report, beating analyst expectations.
Payless Car Rental, Inc. is a car rental company owned by Avis Budget Group and headquartered in St. Petersburg, Florida.While mainly a franchise system, the company owns and operates several corporate locations.
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.