AVIS BUDGET GROUP INC
Sector: Rental and Leasing Services
Latest Quote @ Tue May 5 10:37:01 (15 min delayed)
Last Day's Data
Avis Budget Group, Inc. and its subsidiaries engage in the vehicle rental operations. It provides car rental services to the commercial and leisure segments of the travel industry under the Avis brand, as well as to the price-conscious car rental segment under the Budget brand; truck rentals and related services to consumers and light commercial users under the Budget truck brand; and airport car rental services. The company also provides Avis Preferred, a counter bypass program; Avis Where2, a navigation system with real-time traffic alerts; Avis Cool Cars, a line of fun-to-drive vehicles; Roving Rapid Return program, which permits customers who are returning vehicles to obtain a printed charge record; Avis Cares that provides customers with area-specific driver safety information, local information, and driving maps; Avis Access, a range of special products and services for drivers and passengers with disabilities; Avis Interactive, a proprietary management tool that allows corporate clients to view and analyze their rental activity through the Internet through account analysis and activity reports; Budget Small Business Program, a program for small businesses; and Fastbreak, a rental service for frequent travelers. In addition, it sells/rents optional products and services, such as supplemental equipment, loss damage waivers, additional/supplemental liability insurance, personal accident/effects insurance, and fuel service options, as well as hand trucks, furniture pads, and moving supplies. It operates through a network of approximately 6,700 car and truck rental locations in the United States, Canada, Australia, New Zealand, Latin America, the Caribbean, and parts of the Pacific region. The company was founded in 1946. It was formerly known as Cendant Corporation and changed its name to Avis Budget Group, Inc. in 2006. The company is based in Parsippany, New Jersey.