Avis Budget Group, Inc. (BIT:1CAR)
Italy flag Italy · Delayed Price · Currency is EUR
91.54
-0.54 (-0.59%)
At close: May 12, 2025

Avis Budget Group Company Description

Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary products and services to businesses and consumers in the Americas, Europe, the Middle East and Africa, Asia, and Australasia.

It operates the Avis brand, that offers vehicle rental and other mobility solutions to the premium commercial and leisure segments of the travel industry; and the Zipcar brand, a car sharing network, as well as the Budget brand, a supplier of vehicle rental and other mobility solutions focused primarily on more value-conscious customers comprising Budget car rental, and Budget Truck, a local, and one-way truck and cargo van rental businesses with a fleet of approximately 19,000 vehicles, which are rented through a network of dealer-operated and company-operated locations that serve the light commercial and consumer sectors in the continental United States.

The company also operates various other car rental brands, such as Payless, Apex, Maggiore, Morini Rent, FranceCars, AmicoBlu, Turiscar, and ACL Hire and McNicoll Hire, as well as TurisPrime and RubyCa.

In addition, it offers optional insurance products and coverages, such as supplemental liability, personal accident, personal effects protection, emergency sickness protection, automobile towing protection, and cargo insurance products; fuel service options, roadside assistance services, electronic toll collection services; and access to satellite radio, mobile WiFi devices, GPS navigation, and child safety seat rentals; automobile towing equipment and other moving accessories, such as hand trucks, furniture pads, and moving supplies; and Avis Budget Group Business Intelligence, an online portal complete with rental summary dashboards, visualizations, and detailed reports.

The company was formerly known as Cendant Corporation and changed its name to Avis Budget Group, Inc. in September 2006.

Avis Budget Group, Inc. was founded in 1946 and is based in Parsippany, New Jersey.

Avis Budget Group, Inc.
Country United States
Founded 1946
Industry Automotive Rental And Leasing, Without Drivers
Employees 24,000
CEO Joseph Ferraro

Contact Details

Address:
379 Interpace Parkway
Parsippany, Delaware 07054
United States
Phone 973 496 4700
Website avisbudgetgroup.com

Stock Details

Ticker Symbol 1CAR
Exchange Borsa Italiana
Fiscal Year January - December
Reporting Currency USD
SIC Code 7510

Key Executives

Name Position
Joseph Ferraro Chief Executive Officer
Izilda Martins Chief Financial Officer