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Avis Car Rental

Avis Car Rental, LLC
Company typeSubsidiary
IndustryCar rental
Founded1946 (1946) in Ypsilanti, Michigan, U.S.
FounderWarren Avis
HeadquartersParsippany, New Jersey, U.S.
Number of locations
5,500[1] (2019)
Areas served
165 countries[1]
Key people
Joe Ferraro (CEO and president)
RevenueUS$5.3 billion[2] (2019)
ParentAvis Budget Group
Websitewww.avis.com
Footnotes / references
[1][2]
Avis logo used from 1964 until December 2012
A Dodge Grand Caravan from Avis
Toyota Coaster from Avis

Avis Car Rental, LLC is an American car rental company headquartered in Parsippany, New Jersey.[3] 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.

Since the late 1970s, Avis has featured mainly General Motors (GM) vehicles such as Chevrolet, but today also rents other popular brands such as Ford and Toyota.[6][7]

Avis was the first car rental business to be located at an airport,[8] and today is a provider to the commercial segment serving business travelers at major airports internationally, and to leisure travelers at off-airport locations. Many of the off-airport locations are franchised operations rather than company-owned and operated, as is the case with most airport locations. In January 2013, the company agreed to acquire Zipcar for $491 million.[9]

  1. ^ a b c "Corporate Profile". Avis Car Rental. Retrieved September 7, 2020.
  2. ^ a b "SEC Filings: 10-K 2019". Avis Budget Group. February 20, 2020. Retrieved September 7, 2020.
  3. ^ "Corporate Facts." Avis Rent a Car System. Retrieved on June 14, 2009.
  4. ^ Group, Avis Budget. "Avis Budget Group :: Home". www.avisbudgetgroup.com. Retrieved January 29, 2018. {{cite web}}: |last= has generic name (help)
  5. ^ Nicholson, Chris V. (June 14, 2011). "Avis Budget to Buy Avis Europe for $1 Billion". DealBook. Retrieved January 29, 2018.
  6. ^ Kyle Hyatt. "Toyota helps Avis smarten up its operation with 10,000 connected cars". Road Show. Retrieved May 1, 2019.
  7. ^ David Silver. "As Car Rental Changes, Avis Bets On Empowering The Customer". Forbes. Retrieved May 1, 2019.
  8. ^ Cite error: The named reference MorningEdition was invoked but never defined (see the help page).
  9. ^ "Avis Budget Makes $491 Million Offer to Acquire Zipcar". Bloomberg. January 2, 2013. Retrieved January 2, 2013.

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