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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 .
Career. In the 1950s, Lederer was president of the Autopoint Company in Chicago, Illinois and in 1960, he joined Morris Mirkin, who founded Budget Rent a Car company in 1958. The pair incorporated as Budget Rent a Car Corporation in 1960. Budget Rent a Car is now a unit of Avis Budget Group. Budget Rent a Car became popular in its early days by ...
The company was founded in 1946 with three cars at Willow Run Airport, [ 10 ] Ypsilanti, Michigan, by Warren Avis (August 4, 1915 – April 24, 2007). [ 8 ] It established branch operations across the United States over the next few years, becoming the second largest car rental company in the country by 1953. By its tenth anniversary in 1956 it ...
Avis Budget (CAR) second-quarter 2019 revenues benefit from increase in rental days, U.S. rental car pricing and ancillary revenues.
Zipcar. 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 ...
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