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Who We Are

We offer a range of options, from car and truck rentals to on-demand carsharing, that bring vehicles closer to where and when customers need them.

Our Brands


Company Overview

2024 Global Performance

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~24,000

Global Employees

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$11.8B

Total Revenue

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~180

Countries with Corporate or Licensee Operations

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~695,000

Average Rental Fleet

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~10,250

Rental Locations

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38M+

Rental Transactions

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20,000

Global Employees

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12

Brands

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180

Countries Around the Globe

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533,000

Vehicles in our Fleet

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10,600

Locations

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2M

Rental Transactions Worldwide

Our Leadership Team

We are proud of the diverse team we have assembled to drive the future of mobility forward

President and Chief Executive Officer
Executive Vice President and Chief Financial Officer
Executive Vice President and Chief Transformation Officer

Our Values

Our values shape the way we work, think, and behave. 

Customer-Led

We shape our strategies through the eyes of our customers.

Ownership

We hold ourselves and each other accountable for performance.

Inclusion

We work as one, embracing our differences.

Integrity

We strive to do the right thing, no matter what.

Innovation

We continually challenge ourselves and each other to think differently.

Our History

Our company has a rich history and an innovative future. Scroll through our timeline to see how Avis Budget Group became the brand it is today.

1946

1953

1958

1963

1972

1973

1987

1998

2000

2006

2011

2013

2019

2020

2023

Avis is founded

Warren Avis opens the first Avis location at Willow Run Airport, Detroit, Michigan with an $85,000 investment. This is the first car rental business to be located at an airport. Soon after, facilities are opened at Miami Airport, Florida.

Avis Begins Franchise Operations

Avis opens its first international and franchise operations in Europe, Canada, and Mexico.

Budget Rent-A-Car Corporation is Formed in Los Angeles

Morris Mirkin opens the first Budget Rent-A-Car office at Wilshire and Robertson boulevards in Los Angeles, California, with a $10,000 investment. The company name is chosen to appeal to the “budget-minded” or “value-conscious” renter.

We Try Harder

The iconic Avis “We Try Harder” advertising and marketing campaign makes its debut.

Wizard® Is Introduced

Avis introduces the rent a car industry’s first real-time information management and reservation system.

Avis Leads the Way in EMEA

Avis is recognized as the market leader in Europe, the Middle East, and Africa.

Roving Rapid Return Introduced

Avis introduces Roving Rapid Return, a handheld computer terminal allowing customers to bypass the Avis counter.

Budget Launches Fastbreak

Budget’s Fastbreak provides customers with a paperless-transaction express service.

Zipcar Founded

Zipcar officially launches in Cambridge, Massachusetts with its first vehicle.

Avis Budget Group is Created

Avis and Budget join forces to create the second largest vehicle rental company in the world, Avis Budget Group.

Avis Europe Acquired by Avis Budget Group

Avis Budget Group acquires Avis Europe, previously an independently owned licensee. The EMEA Region is created, enabling the company to serve its customers more efficiently globally.

Avis Budget Group Acquires Zipcar and Payless Car Rental

Avis Budget Group adds leading car-sharing company, Zipcar, and Payless Car Rental, for price-conscious leisure and business travelers.

Avis App Adds Game-Changing Features

The Avis app adds game-changing new features, including: straight-to-vehicle access, the ability to select or upgrade a vehicle at pick-up, and much more.

Avis Safety Pledge & Budget Worry-Free Promise Launched

Avis Budget Group partners with Reckitt, the maker of Lysol, along with a team of medical professionals from Columbia University, and Hip Hop Public Health, to raise the bar for cleanliness and safety.

Joe Ferraro appointed Chief Executive Officer

Avis Budget Group appoints 40-year company veteran, Joe Ferraro, as President and Chief Executive Officer. At the same time, Bernardo Hees is also named Executive Chairman.

Avis Launches Plan On Us Brand Campaign and TV Commercial

Avis unveils “Plan On Us” brand campaign: a commitment to customer excellence.