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On September 5, 2012, Avis Budget Group acquired Apex Car Rentals of New Zealand. [11] On March 14, 2013, Avis Budget Group purchased carsharing company Zipcar for about US$500 million in cash. [12] [13] On April 9, 2015, Avis Budget Group announced it had completed the acquisition of Maggiore Group, Italy's fourth-largest vehicle rental ...
Since the late 1970s, Avis has featured mainly General Motors (GM) vehicles such as Chevrolet, but today also rents other popular brands such as Ford and Toyota. [ 6 ] [ 7 ] Avis was the first car rental business to be located at an airport, [ 8 ] and today is a provider to the commercial segment serving business travelers at major airports ...
Avis Budget Group's (CAR) purchase of major car-sharing player Zipcar this week for $500 million validates the popularity and potential of the car-sharing industry. But though Zipcar controls 75 ...
Avis opened Avis Rent A Car at Willow Run Airport in Ypsilanti, Michigan and at Miami International Airport in Florida. [4] He sold the company in 1954 for $8 million. Avis established his business credentials by positioning himself as a capable negotiator between the major automotive companies and their union leaders and rank-and-file members.
Budget Rent a Car System, Inc. is an American car rental company that was founded in 1958 in Los Angeles, California by Morris Mirkin. [2] Budget is a subsidiary of the Avis Budget Group , with its operations headquartered in Parsippany , New Jersey.
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