|Exchange:||NASDAQ national market|
|Stock:||Avis Budget Group Inc|
|Industry:||Rental & Leasing Services|
|Avis Budget Group Inc, a Delaware corporation was founded in 1946. It provides vehicle rental and car sharing services. The Company is a vehicle rental operator in North America, Europe, Australia, New Zealand and certain other regions it serve. It categorizes its operations into three reporting segments; North America, International and Truck Rental. North America provides car rentals in the United States and vehicle rentals in Canada, as well as ancillary products and services, and operates the Company’s Zipcar car sharing business. International, provides and licenses the Company’s brands to third parties for vehicle rentals and ancillary products and services mainly in Europe, the Middle East, Africa, Asia, South America, Central America, the Caribbean, Australia and New Zealand. Truck Rental, provides truck rentals and ancillary products and services to consumers and commercial users in the United States. The Company and its licensees operate the Avis and Budget brands in approximately 175 countries. The Company's brands include Avis, Budget, Budget Truck and Zipcar. It competes mainly with Enterprise Holdings, Inc., Europcar Group, Hertz Global Holdings, Inc., U-Haul International, Inc., and Penske Truck Leasing Corporation. The Company is subject to various laws and regulations in the United States and internationally.|
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