Avis Budget Group, Inc. (CAR)
NASDAQ: CAR · Real-Time Price · USD
69.70
-1.60 (-2.24%)
Apr 15, 2025, 4:00 PM EDT - Market closed

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.
Avis Budget Group logo
Country United States
Founded 1946
Industry Rental & Leasing Services
Sector Industrials
Employees 24,000
CEO Joseph Ferraro

Contact Details

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

Stock Details

Ticker Symbol CAR
Exchange NASDAQ
Fiscal Year January - December
Reporting Currency USD
CIK Code 0000723612
CUSIP Number 053774105
ISIN Number US0537741052
Employer ID 06-0918165
SIC Code 7510

Key Executives

Name Position
John O'Neill Senior Vice President of U.S. Operations
Andres Barry Executive Vice President and Chief Commercial Officer of Americas
James Adams Executive Vice President and Chief Commercial Officer of International
Anna Pawlak-Kuliga President of International

Latest SEC Filings

Date Type Title
Mar 27, 2025 DEFA14A Additional definitive proxy soliciting materials and Rule 14(a)(12) material
Mar 27, 2025 DEF 14A Other definitive proxy statements
Mar 17, 2025 PRE 14A Other preliminary proxy statements
Feb 18, 2025 144 Filing
Feb 14, 2025 10-K Annual Report
Feb 11, 2025 8-K Current Report
Feb 11, 2025 8-K Current Report
Feb 4, 2025 SCHEDULE 13G Filing
Nov 12, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Nov 12, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals