Overview
Description
Avis Budget Group Inc. is a prominent provider in the vehicle rental and car sharing industry, operating through its well-recognized brands including Avis, Budget, and Zipcar. Its primary function is to offer vehicle leasing services to a variety of customer segments, ranging from individual travelers to large corporate clients. Avis Budget Group significantly impacts the travel and tourism sector, providing essential rental solutions that enhance mobility and convenience for consumers globally. Headquartered in Parsippany, New Jersey, the company maintains a strong presence in over 180 countries, leveraging a comprehensive network that includes on-airport and off-airport locations. Avis Budget Group plays a critical role in the mobility industry, utilizing technology and innovation to streamline the rental experience, such as through mobile app interfaces and automated service offerings. Its strategic position in fleet management and vehicle sales further underscores its importance in the broader transportation market.
About
CEO
Mr. Joseph A. Ferraro
Employees
17000
Address
379 Interpace Parkway
Parsippany, 07054, NJ
United States
Parsippany, 07054, NJ
United States
Phone
973 496 4700
Website
Instrument type
Common stock
Sector
Industrials
Industry
Rental & Leasing Services
Country
Germany
MIC code
XFRA