Avis Budget Group

Avis Budget Group, Inc. is an American car rental agency holding company headquartered in Parsippany, New Jersey.

[5] The company also operates several smaller, regional brands including ACL Hire, Apex Car Rentals,[6] AmicoBlu, France Cars, Maggiore Group,[7] MoriniRent, TurisCar and TurisPrime.

[10] On September 5, 2012, Avis Budget Group acquired Apex Car Rentals of New Zealand.

[11] On March 14, 2013, Avis Budget Group purchased carsharing company Zipcar for about US$500 million in cash.

[14] The company's stock value rose dramatically due to increased demand for car rentals during the COVID-19 pandemic[15] and it became a meme stock in November 2021, with shares at one point doubling in a single day.