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Avis Budget Group

Avis Budget Group

Avis Budget Group is a Parsippany-Troy Hills, New Jersey-based car rental company founded in 2006 by Henry Silverman.

Avis Budget Group, Inc. is the American parent company of Avis Car Rental, Budget Car Rental, Budget Truck Rental, and Zipcar, consisting of its global brands. Its local brands include: Payless Car Rental, Apex Car Rentals, Maggiore Group, and France Cars. Its network brands include: AmicoBlue, MoriniRent, TurisCar, TurisPrime, and ACL Hire. The company is a Delaware Corporation headquartered in Parsippany, New Jersey, United States.

Timeline

April 9, 2015
Avis Budget Group announced it had completed the acquisition of Maggiore Group, Italy's fourth-largest vehicle rental company.
March 14, 2013
Avis Budget Group purchased Zipcar for about US$500 million in cash. Zipcar now operates as a subsidiary of Avis Budget Group.
September 5, 2012
Avis Budget Group acquired Apex Car Rentals of New Zealand.
2011
Avis Budget Group acquired Avis Europe, an independently-owned company licensee, globally reuniting the Avis and Budget brands.
2006
Avis Budget Group was founded by Henry Silverman.

Patents

Further Resources

Title
Author
Link
Type
Date

A day in the life at Avis Budget Group

Web

August 15, 2014

Avis Budget CEO on the surging demand for rental cars

Web

July 9, 2020

News

Title
Author
Date
Publisher
Description
Elaine Glusac
April 21, 2021
www.nytimes.com
The pandemic has wreaked havoc in the rental car industry, leading to a shortage of cars and sticker shock for travelers. Here are some tips for finding an affordable one.
November 12, 2020
Harvard Business Review
Sponsor content from Slalom.
Kirsten Korosec
May 2, 2020
TechCrunch
New vehicles today can produce a treasure trove of data. Without the proper tools, that data will sit undisturbed, rendering it worthless. A number of companies have sprung up to help automakers manage and use data generated from connected cars. Israeli startup Otonomo is one such player that jumped on the scene in 2015 with [...]

References

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