"Avis Budget to Buy Italy's Maggiore Group for $170 Million". ^ "Avis Budget Group Enters Agreement to Acquire Apex Car Rentals of New Zealand".
^ "Cendant cutting hotels, strikes deal for Budget". "Avis Budget Group: A Time For Transformation". ^ Avis Budget Group SEC 10-K filing for fiscal year 31 December 2020,. On April 9, 2015, Avis Budget Group announced it had completed the acquisition of Maggiore Group, Italy's fourth-largest vehicle rental company. On March 14, 2013, Avis Budget Group purchased carsharing company Zipcar for about US$500 million in cash. On September 5, 2012, Avis Budget Group acquired Apex Car Rentals of New Zealand. In 2011, Avis Budget Group acquired Avis Europe, an independently-owned company licensee, globally reuniting the Avis and Budget brands. History įollowing the decision to dissolve the Cendant company name and split into four separate companies, the vehicle rental division of Cendant became Avis Budget Group in 2006. 
In 2021 it held a 26% market share, placing it behind both the Hertz Global Holdings and Enterprise Holdings. It is one of the three big rental car holding companies in the United States. The company also operates several smaller, regional brands including ACL Hire, Apex Car Rentals, AmicoBlue, France Cars, Maggiore Group, MoriniRent, TurisCar and TurisPrime. It is the parent company of several brands including Avis Car Rental, Budget Rent a Car, Budget Truck Rental, Payless Car Rental and Zipcar. Avis Budget Group is American car rental agency holding company headquartered in Parsippany, New Jersey.
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