Company Details
Contact Information
Corporate Address
6 Sylvan Way
Parsippany, NJ 07054
United States
About Avis Budget
Avis Budget Group, Inc. stands as a prominent figure in the global mobility solutions sector, renowned for its extensive network of car and truck rental services. The company was founded in 1946 by Warren E. Avis, who revolutionized the industry by introducing airport-based car rentals. This innovative approach quickly propelled the company to expand across major U.S. cities and internationally by the early 1950s.
Today, Avis Budget Group operates approximately 11,000 rental locations across more than 180 countries, as of November 2025. This expansive reach is supported by a diverse portfolio of brands, including Avis Car Rental, Budget Car Rental, Budget Truck Rental, Payless Car Rental, Apex Car Rentals, Maggiore Group, and Zipcar. Headquartered in Parsippany, New Jersey, the company maintains a significant presence in North America, Europe, Australia, and beyond.
In recent years, Avis Budget Group has focused on expanding its urban mobility solutions and embracing digital transformation. This includes growing its car-sharing and rental services in major metropolitan areas and airports, with particular attention to new markets in Europe, Asia-Pacific, and Latin America. Investments in fleet modernization and technology platforms have been pivotal in adapting to changing consumer preferences and supporting ongoing expansion.
For landlords, brokers, and developers, Avis Budget Group's extensive scale, brand credibility, and adaptable location formats make it a valuable tenant. Its presence is notable across airports, urban centers, and suburban retail corridors, reflecting a strategic growth posture aimed at strengthening its footprint in key international markets.