Avis Budget Group Inc - Company Profile

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Avis Budget Group Inc: Overview

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Avis Budget Group Inc (Avis Budget) is a provider of car and truck rental and car sharing services. It provides car rental services to the premium commercial and leisure segments of the travel industry. Avis Budget also operates as a rental car supplier to price-conscious travelers. The company operates through various brands including Avis, Budget, Zipcar, Apex, Maggiore, Morini Rent, Turiscar, ACL Hire, France Cars and Payless. It operates car and truck rental locations across North America, Europe, Australia, and New Zealand. Avis Budget offers truck rentals and ancillary products and services to consumers and commercial users in the US. The company also licenses its Avis and Budget brands to licensees in the areas where it does not operate directly. Avis Budget is headquartered in Parsippany, New Jersey, the US.

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Headquarters United States of America
Address 379 Interpace Parkway, Parsippany, New Jersey, 07054
Website avisbudgetgroup.com
Telephone 1 973 4964700
No of Employees 18,000
Industry Transport and Logistics
Ticker Symbol & Exchange CAR (NASD)
Revenue (2023) $12.0B
EPS XYZ
Market Cap* $3.9B
Net Profit Margin (2023) XYZ -41.0%
   
* As of and is in US$
View Avis Budget Group Inc financials
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Avis Budget Group Inc premium industry data and analytics

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IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Avis Budget Group Inc (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

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ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Avis Budget Group Inc’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Services Brands
Truck Rental Services Avis
Car Rental Services Budget
Payless
XYZ
XYZ
XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2023 Contracts/Agreements In May, Avis announced a major partnership with Admiral Mobility to bring electric commercial trucks to the leasing market in the UAE.
2023 Contracts/Agreements In March, Avis signed a sponsorship deal with Atletico de Madrid, under which Avis was named an official sponsor of the club for the next three years.
2023 Contracts/Agreements In January, the company along with EverCharge launched EV charging stations at the George Bush International Airport in Houston, Texas, the US.
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Competitor Comparison

Key Parameters Avis Budget Group Inc Enterprise Holdings Inc Ryder System Inc Hertz Global Holdings Inc Sixt SE
Headquarters United States of America United States of America United States of America United States of America Germany
City Parsippany St. Louis Miami Estero Pullach
State/Province New Jersey Missouri Florida Florida Bayern
No. of Employees 18,000 90,000 47,500 27,000 7,509
Entity Type Public Private Public Public Public
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Executives
Name Position Board Since Age
Bernardo Hees Chairman Executive Board 2020 53
Jagdeep Pahwa Vice Chairman Executive Board 2020 49
Joseph A. Ferraro President; Chief Executive Officer Senior Management 2020 66
Brian J. Choi Chief Financial Officer; Executive Vice President Senior Management 2020 40
Cathleen DeGenova Vice President; Chief Accounting Officer Senior Management 2019 61
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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