Avis Budget Group Inc.

Public Company, Headquarters Location
6 Sylvan Way, Parsippany, NJ 07054-3826, United States
(973)496-4700, http://www.avisbudgetgroup.com

Primary SIC: Passenger Car Rental, Primary NAICS: Passenger Cars Rental
Description: Founded by Sanford Miller, Avis Budget Group incorporated in Delaware in 1987 went public in August 2006 on the New York Stock Exchange. As of 2008, Avis generated revenue in the corporate and leisure travelers consumer market of the car leasing unit, while Budget's business segment marketed to the customers that watch costs closely. The corporate and leisure segment has 2,200 locations in the Americas and the Asia Pacific region under the Avis name. Budget has 1,900 locations in the same regions and offered trucks from 2,800 dealers in the US. The company also books car and truck rentals online at the company's website. Avis Budget Group is the third largest vehicle rental enterprise and also operated parking facilities, leased vans for pooling operations and rented and sold recreational vehicles, including motor homes, truck campers and motorcycles. The Avis Budget headquarters is in Parsippany, New Jersey and the licensed company subsidiaries operated under the names Budget Car Sales, Budget Rent A Car Corporation, Budget Rent A Car Systems, Cruise America and Premier Car Rental. More

Finance: Franchisor of real estate offices, hotels and holding company. Services: Car rental, fleet management and tax preparation.