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About Avis Budget Group, Inc.

Avis Budget Group (ABG) has a car rental brand for you. The company's core brands include: Avis Rent A Car, which targets corporate and leisure travelers at the high end of the market; Budget Rent A Car and Payless Car Rental, both marketed to those on a budget; and Zipcar, a car-sharing service. The rental car operator operates through 5,500 Avis and 4,050 Budget branches across 180 countries in North America, Europe, Australia, and New Zealand, and generates nearly 70% of its revenue from its on-airport locations. Avis's Budget Truck is one of the leading truck rental businesses in the US.


ABG operates through two business segments. Americas (70% of Avis' revenue) is comprised of its vehicle rental business (including licensee business), Zipcar car-sharing business, and other products and services in North, South and Central America, and the Caribbean. International (30%) provides similar products and services in Europe, the Middle East, Africa, Asia, Australia, and New Zealand.

The company's Budget Truck rental business boasts a US fleet of some 22,000 trucks across its network of 480 company-owned locations and another 1,000 dealer-operated locations.

Although Avis and Budget maintain separate brand identities, the companies share a global fleet of about 600,000 vehicles and an administrative infrastructure. Avis' budget-conscious Payless brand operates 240 vehicle rental locations (90 company-owned and more than 150 licensee) worldwide.

Geographic Reach

ABG operates in 180 countries in North America, Europe, Australia, and New Zealand. About 65% of its revenue stems from the US.

Sales and Marketing

The car rental firm touts the Avis and Budget brands through traditional media, including TV, radio, and print ads, as well as Internet, email marketing, and mobile device applications. Avis and Budget have marketing partnerships with several major airlines including American Airlines, Air Canada, British Airways, KLM, Lufthansa, and Southwest Airlines, among others.


ABG's growth strategy is immersed in the growing trend of smart technology and connected vehicles. In 2016 it launched Avis Now, a mobile application that allows customers to reserve, confirm, or upgrade their car, add extra products, open and close rentals, and, in some cases, lock and unlock the vehicle, using their smartphone or tablet device. ABG has also announced it will double its fleet of fully connected cars by the beginning of 2018, bringing the total number of connected vehicles to 100,000.

To grow overseas, ABG aims to extend its Zipcar car-sharing operations. In late 2017, Zipcar entered the Latin American market and Nordic countries by launching its services in Costa Rica and Reykjavik, Iceland, respectively. Zipcar already maintains a major presence in 500 cities and towns spanning Europe, Asia, and North America.

Another was ABG grows is to encourage the promotion of car class upgrades, adjust its vehicle mix to match customer demand, market more to small-business and international travelers, increase its rental transactions through its websites, boost its prepaid customer transactions, and optimize its prices (with an eye on competitor prices) to increase the rental fees the company collects per rental day.

Mergers and Acquisitions

ABG extends its geographical reach through the use of acquisitions. In late 2016, ABG acquired France Cars, a privately-held vehicle rental company, for $45 million. The acquisition complemented the company's existing operations and expanded its presence in the French market.

During 2015, ABG expanded its presence in Italy after purchasing vehicle rental services company Maggiore Group for $160 million (net of acquired cash and short-term investments). Also that year, it boosted its presence in Brazil after purchasing the remaining 50% equity stake in its Brazilian Licensee for $8 million (not including debt), adding a new subsidiary.

Avis Budget Group, Inc.

Parsippany, NJ 07054-3826
Phone: 1 (973) 496-4700

Firm Stats

Employer Type: Publicly Owned
Stock Symbol: CAR
Stock Exchange: , NASDAQ
CEO and COO: Larry D. De Shon
Chairman: Ronald L. Nelson
Interim CFO: Martyn R. Smith
Employees (This Location): 78
Employees (All Locations): 30,000

Major Office Locations

Parsippany, NJ

Other Locations

Juneau, AK
Birmingham, AL
Decatur, AL
Hartselle, AL
Mobile, AL
Montgomery, AL
Bentonville, AR
El Dorado, AR
North Little Rock, AR
Van Buren, AR
Chandler, AZ
Flagstaff, AZ
Goodyear, AZ
Kingman, AZ
Lake Havasu City, AZ
Mesa, AZ
Page, AZ
Prescott, AZ
Prescott Valley, AZ
Tempe, AZ
Tucson, AZ
Alhambra, CA
Anaheim, CA
Antioch, CA
Auburn, CA
Barstow, CA
Berkeley, CA
Beverly Hills, CA
Burbank, CA
Carlsbad, CA
Carson, CA
Chino Hills, CA
Chula Vista, CA
Colton, CA
Culver City, CA
Duarte, CA
Elk Grove, CA
El Monte, CA
Emeryville, CA
Escondido, CA
Fairfield, CA
Fremont, CA
Fresno, CA
Hesperia, CA
La Habra, CA
La Jolla, CA
Lake Forest, CA
Long Beach, CA
Los Angeles, CA
Lynwood, CA
Madera, CA
Milpitas, CA
Modesto, CA
Montclair, CA
Mountain View, CA
Newport Beach, CA
North Hollywood, CA
Oakland, CA
Oceanside, CA
Ontario, CA
Orange, CA
Oroville, CA
Pacifica, CA
Palmdale, CA
Palm Springs, CA
Palo Alto, CA
Pasadena, CA
Petaluma, CA
Pleasanton, CA
Rancho Cordova, CA
Red Bluff, CA
Redlands, CA
Rialto, CA
Ridgecrest, CA
Riverside, CA
Roseville, CA
Sacramento, CA
San Bernardino, CA
San Bruno, CA
San Diego, CA
San Francisco, CA
San Jose, CA
San Leandro, CA
San Luis Obispo, CA
San Rafael, CA
Santa Ana, CA
Santa Barbara, CA
Santa Cruz, CA
Santa Fe Springs, CA
Santa Rosa, CA
Simi Valley, CA
South Lake Tahoe, CA
South San Francisco, CA
Studio City, CA
Temecula, CA
Vacaville, CA
Valencia, CA
Van Nuys, CA
Ventura, CA
Victorville, CA
Walnut Creek, CA
Whittier, CA
Arvada, CO
Boulder, CO
Broomfield, CO
Castle Rock, CO
Colorado Springs, CO
Denver, CO
Grand Junction, CO
Greenwood Village, CO
Gypsum, CO
Lakewood, CO
Littleton, CO
Parker, CO
East Hartford, CT
Essex, CT
Fairfield, CT
Manchester, CT
New Haven, CT
Norwalk, CT
Plainfield, CT
Stamford, CT
Torrington, CT
Waterbury, CT
West Hartford, CT
Westport, CT
Windsor Locks, CT
Washington, DC
New Castle, DE
Rehoboth Beach, DE
Wilmington, DE
Altamonte Springs, FL
Boca Raton, FL
Brandon, FL
Cape Canaveral, FL
Clearwater, FL
Cocoa Beach, FL
Coral Gables, FL
Coral Springs, FL
Dania, FL
Daytona Beach, FL
Delray Beach, FL
Eglin Afb, FL
Ellenton, FL
Fort Lauderdale, FL
Fort Pierce, FL
Gainesville, FL
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Jacksonville, FL
Key West, FL
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Lakeland, FL
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Marathon, FL
Mary Esther, FL
Miami, FL
Miami Beach, FL
Naples, FL
New Smyrna Beach, FL
Ocoee, FL
Orange Park, FL
Orlando, FL
Ormond Beach, FL
Panama City, FL
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Pensacola, FL
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Port Richey, FL
Saint Augustine, FL
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Sarasota, FL
Shalimar, FL
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Tampa, FL
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Venice, FL
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West Palm Beach, FL
Winter Garden, FL
Winter Haven, FL
Winter Park, FL
Albany, GA
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Augusta, GA
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Kennesaw, GA
Lawrenceville, GA
Lithia Springs, GA
Marietta, GA
Roswell, GA
Savannah, GA
Stockbridge, GA
Stone Mountain, GA
Warner Robins, GA
Hilo, HI
Honolulu, HI
Kahului, HI
Kailua Kona, HI
Kihei, HI
Lahaina, HI
Lihue, HI
Burlington, IA
Des Moines, IA
Iowa City, IA
Sioux City, IA
Waterloo, IA
Boise, ID
Pocatello, ID
Twin Falls, ID
Alsip, IL
Bradley, IL
Chicago, IL
Crystal Lake, IL
Decatur, IL
Downers Grove, IL
East Alton, IL
Elmhurst, IL
Highland Park, IL
Libertyville, IL
Lisle, IL
Lombard, IL
Moline, IL
Oak Park, IL
Orland Park, IL
Peoria, IL
Rolling Meadows, IL
Romeoville, IL
Schaumburg, IL
Skokie, IL
Springfield, IL
Streamwood, IL
Anderson, IN
Bloomington, IN
Columbus, IN
Fort Wayne, IN
Greenwood, IN
Indianapolis, IN
Kokomo, IN
Noblesville, IN
South Bend, IN
Terre Haute, IN
Warsaw, IN
Lawrence, KS
Overland Park, KS
Shawnee, KS
Wichita, KS
Erlanger, KY
Lexington, KY
Louisville, KY
Owensboro, KY
Abbeville, LA
Alexandria, LA
Baton Rouge, LA
New Orleans, LA
Slidell, LA
Allston, MA
Bedford, MA
Boston, MA
Braintree, MA
Cambridge, MA
Dedham, MA
Falmouth, MA
Framingham, MA
Hyannis, MA
Jamaica Plain, MA
Marlborough, MA
Maynard, MA
Methuen, MA
Natick, MA
New Bedford, MA
Northampton, MA
Norwood, MA
Raynham, MA
Roslindale, MA
Springfield, MA
Taunton, MA
Vineyard Haven, MA
Woburn, MA
Worcester, MA
Annapolis, MD
Baltimore, MD
Bel Air, MD
Bethesda, MD
Columbia, MD
Ellicott City, MD
Frederick, MD
Hagerstown, MD
Hanover, MD
Lexington Park, MD
Rockville, MD
Salisbury, MD
Towson, MD
Waldorf, MD
Bangor, ME
Brewer, ME
Portland, ME
Presque Isle, ME
Ann Arbor, MI
Battle Creek, MI
Belleville, MI
Birmingham, MI
Detroit, MI
Farmington, MI
Flint, MI
Freeland, MI
Grand Rapids, MI
Hazel Park, MI
Holland, MI
Jackson, MI
Kentwood, MI
Livonia, MI
Mason, MI
Muskegon, MI
Royal Oak, MI
Saint Joseph, MI
Southfield, MI
Traverse City, MI
Troy, MI
Warren, MI
Waterford, MI
Blaine, MN
Duluth, MN
International Falls, MN
Inver Grove Heights, MN
Minneapolis, MN
Osseo, MN
Saint Paul, MN
Ballwin, MO
Belton, MO
Chesterfield, MO
Columbia, MO
Farmington, MO
Hannibal, MO
Hazelwood, MO
High Ridge, MO
Independence, MO
Joplin, MO
Lees Summit, MO
Mountain Grove, MO
Saint Louis, MO
Saint Peters, MO
Springfield, MO
Bay Saint Louis, MS
Collins, MS
Gulfport, MS
Belgrade, MT
Great Falls, MT
Havre, MT
Aberdeen, NC
Charlotte, NC
Durham, NC
Fletcher, NC
Greensboro, NC
High Point, NC
Mooresville, NC
New Bern, NC
Raleigh, NC
Wake Forest, NC
Washington, NC
Waynesville, NC
Fargo, ND
Williston, ND
Grand Island, NE
Mc Cook, NE
Manchester, NH
Nashua, NH
Salem, NH
Bridgewater, NJ
Cherry Hill, NJ
Deptford, NJ
East Hanover, NJ
Edison, NJ
Jersey City, NJ
Mount Laurel, NJ
Newark, NJ
North Bergen, NJ
North Brunswick, NJ
Paramus, NJ
Princeton, NJ
Rio Grande, NJ
Rutherford, NJ
South Plainfield, NJ
Albuquerque, NM
Farmington, NM
Henderson, NV
Las Vegas, NV
Reno, NV
Amherst, NY
Bay Shore, NY
Brewster, NY
Brooklyn, NY
Buffalo, NY
Camillus, NY
Clifton Park, NY
East Elmhurst, NY
Flushing, NY
Hicksville, NY
Hornell, NY
Horseheads, NY
Huntington Station, NY
Jamaica, NY
Johnson City, NY
Latham, NY
Lynbrook, NY
Melville, NY
New Windsor, NY
New York, NY
North Bellmore, NY
Orchard Park, NY
Ozone Park, NY
Peconic, NY
Port Jervis, NY
Port Washington, NY
Ronkonkoma, NY
Scarsdale, NY
Smithtown, NY
White Plains, NY
Williamsville, NY
Yonkers, NY
Yorkville, NY
Akron, OH
Beachwood, OH
Canton, OH
Cincinnati, OH
Cleveland, OH
Columbus, OH
Dayton, OH
Dublin, OH
Fairborn, OH
Findlay, OH
Heath, OH
Mason, OH
North Canton, OH
North Olmsted, OH
Ottawa Hills, OH
Oxford, OH
Reynoldsburg, OH
Shaker Heights, OH
Tiffin, OH
Vandalia, OH
Wadsworth, OH
Broken Arrow, OK
Lawton, OK
Midwest City, OK
Oklahoma City, OK
Tulsa, OK
Beaverton, OR
Eugene, OR
Portland, OR
Bala Cynwyd, PA
Bensalem, PA
Bloomsburg, PA
Coatesville, PA
Conshohocken, PA
Duncansville, PA
Erie, PA
King Of Prussia, PA
Lancaster, PA
Middletown, PA
Montoursville, PA
New Kensington, PA
Philadelphia, PA
Pittsburgh, PA
Reading, PA
Scranton, PA
State College, PA
Willow Grove, PA
York, PA
Providence, RI
Warwick, RI
Beaufort, SC
Charleston, SC
Columbia, SC
Florence, SC
Lexington, SC
Myrtle Beach, SC
Pierre, SD
Brentwood, TN
Collierville, TN
Columbia, TN
Cordova, TN
Knoxville, TN
Memphis, TN
Mount Juliet, TN
Nashville, TN
Sevierville, TN
Tullahoma, TN
Union City, TN
Abilene, TX
Addison, TX
Amarillo, TX
Arlington, TX
Austin, TX
Beaumont, TX
Bryan, TX
Carrollton, TX
Cleburne, TX
College Station, TX
Copperas Cove, TX
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Cypress, TX
Dallas, TX
Del Rio, TX
Denton, TX
El Paso, TX
Fort Worth, TX
Frisco, TX
Greenville, TX
Houston, TX
Humble, TX
Huntsville, TX
Hurst, TX
Katy, TX
Kyle, TX
Lewisville, TX
Mcallen, TX
Mckinney, TX
Missouri City, TX
Nacogdoches, TX
Odessa, TX
Pearland, TX
Plano, TX
Richardson, TX
Rockwall, TX
Round Rock, TX
Rowlett, TX
San Angelo, TX
San Antonio, TX
Sherman, TX
Spring, TX
Texarkana, TX
Tomball, TX
Waco, TX
Weatherford, TX
Weslaco, TX
Wichita Falls, TX
St George, UT
Alexandria, VA
Ashburn, VA
Bristol, VA
Chesapeake, VA
Chester, VA
Culpeper, VA
Dulles, VA
Fairfax, VA
Glen Allen, VA
Herndon, VA
Lynchburg, VA
Midlothian, VA
Newport News, VA
North Chesterfield, VA
Portsmouth, VA
Purcellville, VA
Richmond, VA
Roanoke, VA
Sandston, VA
Stafford, VA
Vienna, VA
Virginia Beach, VA
Weyers Cave, VA
Bellevue, WA
Centralia, WA
Ellensburg, WA
Federal Way, WA
Kent, WA
Lakewood, WA
Longview, WA
Marysville, WA
Moses Lake, WA
Olympia, WA
Port Angeles, WA
Redmond, WA
Seatac, WA
Seattle, WA
Shoreline, WA
Spokane, WA
Vancouver, WA
Baraboo, WI
Brookfield, WI
Fond Du Lac, WI
Janesville, WI
Madison, WI
Milwaukee, WI
Clarksburg, WV
Morgantown, WV
Casper, WY
Cheyenne, WY
Gillette, WY
Jackson, WY
Rock Springs, WY
Sheridan, WY
Torrington, WY
Bengaluru, India
Mumbai, India
Ajax, Canada
Antigonish, Canada
Banff, Canada
Barrie, Canada
Belleville, Canada
Blainville, Canada
Brampton, Canada
Brandon, Canada
Brantford, Canada
Breslau, Canada
Burlington, Canada
Burnaby, Canada
Calgary, Canada
Coquitlam, Canada
Cranbrook, Canada
Deer Lake, Canada
Dollard-Des-Ormeaux, Canada
Dorval, Canada
Edmonton, Canada
Elizabethtown, Canada
Enfield, Canada
Etobicoke, Canada
Fort Frances, Canada
Fort Mcmurray, Canada
Fredericton, Canada
Gander, Canada
Garson, Canada
Gatineau, Canada
Gloucester, Canada
Goffs, Canada
Greenfield Park, Canada
Halifax, Canada
Hamilton, Canada
Hebbville, Canada
Kamloops, Canada
Kelowna, Canada
Kingston, Canada
Kitchener, Canada
Langley, Canada
Lasalle, Canada
Lethbridge, Canada
Lloydminster, Canada
London, Canada
Maple Ridge, Canada
Markham, Canada
Medicine Hat, Canada
Merritt, Canada
Mission, Canada
Mississauga, Canada
Moncton, Canada
Montréal, Canada
Montréal-Ouest, Canada
Nanaimo, Canada
Nepean, Canada
New Minas, Canada
Niagara Falls, Canada
North Bay, Canada
North Saanich, Canada
North Sydney, Canada
North Vancouver, Canada
North York, Canada
Oakville, Canada
Orillia, Canada
Orleans, Canada
Oshawa, Canada
Ottawa, Canada
Port Coquitlam, Canada
Québec, Canada
Red Deer, Canada
Richmond, Canada
Richmond Hill, Canada
Saint John, Canada
Saint-Leonard, Canada
Saskatoon, Canada
Scarborough, Canada
Sherbrooke, Canada
Sidney, Canada
Sioux Lookout, Canada
Smiths Falls, Canada
St. Albert, Canada
St Catharines, Canada
St. John'S, Canada
Sudbury, Canada
Surrey, Canada
Sydney, Canada
Timmins, Canada
Toronto, Canada
Truro, Canada
Vancouver, Canada
Victoria, Canada
Wabush, Canada
Waterloo, Canada
Whistler, Canada
Windsor, Canada
Winnipeg, Canada
Woodbridge, Canada
Yarmouth, Canada
Angouleme, France
Bergerac, France
Genas, France
Limoges, France
Merignac, France
Perigueux, France
Roanne, France
Saint Etienne, France
Vichy, France
Machelen (Bt.), Belgium
Singapore, Singapore
Aarau, Switzerland
Agno, Switzerland
Altdorf, Switzerland
Altendorf, Switzerland
Altenrhein, Switzerland
Ascona, Switzerland
Bad Ragaz, Switzerland
Basel, Switzerland
Bern, Switzerland
Biel-Bienne, Switzerland
Binningen, Switzerland
Buchs, Switzerland
Chur, Switzerland
Davos Platz, Switzerland
Emmenbrücke, Switzerland
Fribourg, Switzerland
Genève 15 Aéroport, Switzerland
Interlaken, Switzerland
Kriens, Switzerland
Lugano, Switzerland
Martigny, Switzerland
Melide, Switzerland
Muttenz, Switzerland
Neuchâtel 1, Switzerland
Niederuzwil, Switzerland
Payerne, Switzerland
Préverenges, Switzerland
Rothrist, Switzerland
Samedan, Switzerland
Schaffhausen, Switzerland
Sierre, Switzerland
Sihlbrugg, Switzerland
Sion, Switzerland
St. Gallen, Switzerland
Thun, Switzerland
Verbier, Switzerland
Vevey, Switzerland
Winterthur, Switzerland
Yverdon-Les-Bains, Switzerland
Zürich, Switzerland
Zuchwil, Switzerland
Zug, Switzerland
Vaduz, Liechtenstein