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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 .
Avis logo used from 1964 until December 2012 A Dodge Grand Caravan from Avis Toyota Coaster from Avis. Avis Car Rental, LLC is an American car rental company headquartered in Parsippany, New Jersey. [3] Along with Budget Rent a Car, Budget Truck Rental and Zipcar, Avis is a unit of Avis Budget Group. [4]
Payless Car Rental, Inc. is a car rental company owned by Avis Budget Group and headquartered in St. Petersburg, Florida.While mainly a franchise system, the company owns and operates several corporate locations.
In 1960, the headquarters moved to Chicago, Illinois and the rental fleet expanded with franchised and wholly owned rental outlets. The company was eventually acquired by Transamerica Corporation , and then sold in 1986 in a leveraged buyout by Gibbons, Green and van Amerongen Ltd., along with management (led by CEO Clifton E. Haley) and ...
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On March 14, 2013, Avis Budget Group acquired Zipcar for approximately US$500 million. [6] Scott Griffith, who had run the company for the previous decade, resigned the day after the acquisition closed and passed the reins to a new company president, Mark Norman. [7] In early 2014, Kaye Ceille took over as Zipcar's North American president.
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