Avis Budget Group Inc - Company Profile
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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.
Avis Budget Group Inc premium industry data and analytics
Products and Services
Services | Brands |
---|---|
Truck Rental Services | Avis |
Car Rental Services | Budget |
Payless | |
XYZ | |
XYZ | |
XYZ |
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. |
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 |
Key Financial Charts
Sales Growth
Net Income Growth
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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