Avis Rent a Car System
 |
|
| Subsidiary | |
| Industry | Car rental |
| Founded | Ypsilanti, Michigan, U.S. (1946) |
| Founder | Warren Avis |
| Headquarters | Parsippany-Troy Hills, NJ, U.S. |
|
Number of locations
|
approximately 5,550 |
|
Area served
|
Worldwide |
|
Key people
|
Larry D. De Shon, Chief Executive Officer and Chief Operating Officer David B. Wyshner, President and Chief Financial Officer |
| Revenue | $8,502 million (parent company - 2015) |
| $888 million (parent company - 2015) | |
 US$ -916 Million (2007) |
|
| Total assets | $17,634 million (parent company - 2015) |
| Total equity | $439 million (parent company - 2015) |
| Owner | Avis Budget Group |
|
Number of employees
|
30,000 (2008) |
| Website | Avis.com |
Larry D. De Shon, Chief Executive Officer and Chief Operating Officer
Avis is an American car rental company headquartered in Parsippany-Troy Hills, New Jersey, United States. Avis, Budget Rent a Car and Budget Truck Rental are all units of Avis Budget Group.
Avis Budget Group operates the Avis brand in North America, South America, India, Australia and, New Zealand. Recently Avis has acquired Avis Europe plc which once was a separate corporation licensing the Avis brand. Avis is the third largest car rental agency in the world trailing behind Hertz Corporation.
Since the late 1970s, Avis has featured mainly General Motors (GM) vehicles such as Chevrolet and Cadillac, but today also rents popular non-GM brands including Ford and Toyota.
Avis is a leading rental car provider to the commercial segment serving business travelers at major airports around the world, and to leisure travellers 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. Avis was the first car rental business to be located at an airport.
In January 2013, the company agreed to acquire Zipcar for $491 million.
The company was founded in 1948 with three cars at Willow Run Airport,Ypsilanti, Michigan, by Warren Avis (August 4, 1915 – April 24, 2007). It established branch operations across the United States over the next few years, becoming the second largest car rental company in the country by 1953. By its tenth anniversary in 1956 it had opened its first international offices in Europe, Canada and Mexico.
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Wikipedia