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In November 2002 Budget sold its truck and car businesses to Cherokee Acquisition Corporation, which is owned by Cendant Corporation. [5] In September 2006 Budget Rent a Car, Avis Rent a Car, and Budget Truck Rental were spun off by Cendant as a separate company, Avis Budget Group. In 2007, its headquarters was transferred to Morris County, New ...
Avis Budget Group, Inc. is an American car rental agency holding company headquartered in Parsippany, New Jersey. It is the parent company of several brands including Avis Car Rental , [ 3 ] Budget Rent a Car , [ 4 ] Budget Truck Rental , Payless Car Rental and Zipcar .
Along with Budget Rent a Car, Budget Truck Rental and Zipcar, Avis is a unit of Avis Budget Group. [4] Avis Budget Group operates the Avis brand in North America, South America, Europe, India, Australia, New Zealand, and South Africa. In 2011, Avis acquired Avis Europe plc, [5] which had been a separate corporation licensing the Avis brand.
Under the direction of Netterstron, the company grew from a local car rental store to a franchise system with over 100 car rental offices throughout the United States. By 1987 the company acquired the U.S. portion of Canadian-based Holiday Rent a Car, at which time the company built its first automated central reservation system. [4]
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Zipcar is an American car-sharing company and a subsidiary of Avis Budget Group. Zipcar provides vehicle reservations to its members, billable by the minute, hour or day; members may have to pay a monthly or annual membership fee in addition to car reservations charges. Gas, maintenance, insurance options, and a dedicated parking spot are ...
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DHL Supply Chain has placed a U.S. order for 100 trucks equipped with TuSimple's self-driving technology and manufactured by Navistar to further expand its understanding of driverless trucks in ...