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Avis Rent A Car (CAR)

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Last Post: 7/8/2016 12:19:01 PM - Followers: 10 - Board type: Free - Posts Today: 0
Company Overview
Avis Rent A Car System, LLC and its subsidiaries operate one of the world's leading car rental brands, providing business and leisure customers with a wide range of services at more than 2,100 locations in the United States, Canada, Australia, New Zealand, Latin America and the Caribbean region. Avis is one of the world's top brands for customer loyalty, ranked as the number-one car rental company in the Brand Keys® Customer Loyalty Index for the past eight years. The company is part of Avis Budget Group, Inc. (NYSE: CAR). Avis Budget Group has marketing agreements with Avis Europe Plc, a separately owned UK-based company owning or franchising an additional 2,900 Avis locations in Europe, Africa, the Middle East and Asia.

Quick History

Founded in 1946 by Warren Avis (who sold his interest in 1954), Avis was the first company to rent cars from airport locations. The company grew rapidly during the 1950’s through franchised and corporate-owned expansion. In 1963, Avis introduced the award-winning “We try harder®” campaign and the tagline remains the company’s rallying cry even today. Ten years later, Avis launched its innovative Wizard system, the company’s proprietary reservation technology. Avis changed ownership multiple times in the 70’s and 80’s, becoming employee-owned in 1987. That same year, Avis introduced the Roving Rapid Return, a handheld computer terminal allowing customers to bypass the Avis counter. Two years later, the company launched Avis Cares® a program aimed at promoting renter and employee safety. In 1996, HFS Incorporated acquired Avis and then spun off as a separate public company all but the franchising rights, Wizard system, and reservation operations. In 2000, the company introduced Avis Interactive, the first Internet-based reporting system in the car rental industry, which was significantly enhanced and re-launched in 2006. In March 2001, Cendant Corporation purchased all of the outstanding shares of Avis Group Holdings and later that year moved its world headquarters to Parsippany, NJ. In 2006, Cendant Corp. separated into four independent companies: Realogy, Wyndham Worldwide, Travelport and Avis Budget Group, Inc., which is now the parent company of Avis Rent a Car System, LLC.

World Headquarters 6 Sylvan Way, Parsippany, NJ 07054
(973) 496-3500
Employees More than 14,000 Avis employees worldwide and an additional 7,000 Avis Budget Group, Inc. (not included in Avis total)
Locations (as of 9/07)
United States Only International
Corporate: 888
(232 Airport; 756 Off Airport)
Licensee: 252
(107 Airport; 145 Off Airport)
Total: 1,240
Corporate: 3274
Licensee: 582
Total: 906 (excludes Avis Europe)

Business Mix Corporate: 60% Leisure: 40%

About the Avis Fleet

In the U.S., the Avis fleet averages 217,500 vehicles (corporate owned) and features a wide variety of GM and other fine vehicles.

Avis features a “Cool Car Collection”, a series of popular high-end vehicles that can be specifically reserved by make and model. Popular vehicles in the Collection include the subcompact Toyota Prius gas/electric hybrid, the full-size Nissan Altima hybrid and the small SUV Ford Escape hybrid as well as the Chevy Corvette convertible, the Cadillac CTS, Hummer H3, Lincoln MKX, and Chrysler Crossfire.

Many Avis vehicles come equipped with GM’s “On Star” navigation and emergency response system. XM Satellite Radio is free in all premium and luxury vehicles. Avis “Where2” Portable Navigation is available with all rentals in select cities.

Avis Preferred and Avis First, our customer loyalty programs, offer members counter-bypass service and rewards such as free rental days and upgrades.
Avis Cares® is a multifaceted program designed to make drivers feel at home on the road by providing region-specific safety information, vehicle operating guides, daily WeatherFax updates and Avis Quick City Guides. Avis also offers a guide for the proper usage of child safety seats and was the first rental car company to offer the LATCH system, the federal standard for child restraint installation.
Avis Access is the rental car industry’s first comprehensive accessibility program for travelers with disabilities.
Partner Programs

Upromise® Avis is a car rental partner of Upromise, the way to save for college.
Avis @Sears: Avis is the official car rental partner of Sears. Avis is the only car rental company that accepts the Sears Card credit card and there are more than 130 Avis locations within the Sears Auto Centers.
Sales Programs

Avis Corporate Awards™ is a program designed to help small and mid-size businesses by offering low corporate rates, complimentary rental days, and free enrollment in Avis Preferred service.
Avis MiniLease is designed for 60 day to 11-month rentals for extended vacations, relocations or temporary assignments.
Avis Group Sales is designed to help group, association and family gatherings with their ground transportation needs and offers special pricing and other assistance for meetings using five or more cars.
Avis Corporate Sales offers large and mid-sized business managers negotiated rates, frequency benefits and optional coverages.
Full Cost Pricing: Avis’ award-winning reservation center always quotes the full cost of a rental to a customer, including fees.
Avis Web Sites For customer reservations and information For travel agents For corporate travel managers For members of Avis Corporate Awards For members of Avis First For travel planning Avis and Budget rentals Current deals for Avis and Budget Special rates for federal government employees

Executive Staff

Ronald L. Nelson, Chairman and CEO
F. Robert Salerno, President and COO
David B. Wyshner, Chief Financial Officer
Larry De Shon, Executive VP, Operations
Scott Deaver, Executive VP, Strategy
Karen Sclafani, Executive VP and General Counsel
Mark J. Servodidio, Executive VP, Chief Human Resource Officer
Patric Siniscalchi, Executive VP, International Operations

Becky Alseth, Senior VP, Marketing
Robert Bouta, Senior VP, Properties
Kaye Ceille, Senior VP, Global Travel & Partnership Sales
Edward Gitlitz, Senior VP, Fleet Services
Bob Lambert, Senior VP, Corporate Sales
Brett Weinblatt, Senior VP and Chief Accounting Officer

Public Relations Contacts
John Barrows VP, Communications & Public Affairs
Alice Pereira Manager, Public Relations (973) 496-6113
Visit the About Avis section on

Recent Awards and Recognitions


"Best Rental Car Company" – Business Traveler Magazine (2007)
"Avis Preferred - Best Car Rental Program" – Global Traveler Magazine (2007)
"North America's Leading Car Hire" – World Travel Awards (2007)
"2007 Extra Mile Award" (for electronic toll collection) – Budget Travel Magazine (2007)
#1 Car Rental Company in the 2007 Customer Loyalty Engagement Index – Brand Keys (2007)
"Service Excellence Award" – Net Jets (2007)
"Partners in Progress" – Sears Holdings Corporation (2007)
"Supplier Excellence Award" – Abbott (2007)
"Title III Public Accommodations Award" (for supporting the Americans with Disabilities Act and introducing Avis Access) – Mayor's Office of New York City for People with Disabilities (2006)
"Transportation Supplier of the Year" – Ensemble Travel Group (2006)
"Patriotic Employer" (For contributing to national security and protecting liberty and freedom by supporting employee participation in America"s National Guard and Reserve Force) – The National Committee for Employer Support of the Guard and Reserve (2006)
#1 Car Rental Company in the 2006 Customer Loyalty Index – Brand Keys (2006)
New York Region Outstanding Corporation for 2006 – Women Presidents’ Educational Organization (WPEO) (2006)
"Best of Class Customer Service Award"– Yahoo Supplier Summit (2006)
"One of America’s Top Corporations for Women's Business Enterprises" – WBENC (2006)
"Featured Employer"– AARP (2005)
#1 Car Rental Company in the 2005 Customer Loyalty Index – Brand Keys (2005)
#2 out of 222 surveyed in 2005 Customer Loyalty Index; Second only to Google – Brand Keys (2005)
"One of America’s Top Corporations for Women's Business Enterprises" – WBENC (2005)

Best Car Rental Company – Canadian Professional Sales Association (2006)
For Reservations
(888) 777-AVIS or visit
(800) TRY-HARD for disabled travelers
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Current Price
Bid Ask Day's Range
#150   CAR bullish 32.88 stocktrademan 07/08/16 12:19:01 PM
#149   Wtf is going on with car? How do mac925 05/13/16 04:50:42 PM
#148   Yeah man talk about TIMBER. Still a 35 Andrew23 02/24/16 03:35:32 PM
#147   Where's the bottom?? Could be a nice bounce play T695 02/24/16 10:54:40 AM
#146   Hoping for a big rebound. NinjaMarinara 02/23/16 07:05:07 PM
#145   Looking to reenter CAR. was a huge winner detearing 01/17/16 10:54:02 AM
#144   $61.95 resistance will be broken soon...glad I bought detearing 08/04/14 08:09:32 PM
#143   CAR (60.20) [SMART MONEY] 08/04/14 05:23:42 PM
#142   15 02opida 04/09/14 02:21:11 PM
#141   15 + 02opida 08/15/12 12:39:49 PM
#140   Phil Mickelson Voted February PGA TOUR Player of dragon52 03/07/12 11:30:47 PM
#139   CAR about to break out... dragon52 03/07/12 02:41:12 PM
#138   ~ Monday! $CAR ~ Earnings posted, pending or Penny Roger$ 02/10/12 02:35:10 AM
#137   me too 02opida 01/14/12 12:51:15 PM
#135   AVIS/ DTG Mr B 10/06/10 12:02:25 PM
#134   Avis Budget Group Plans to Announce Second Quarter Mr B 07/19/10 02:12:44 PM
#133   Best of luck! I think that's a Mr B 05/18/10 12:43:53 PM
#132   Loaded up today - thinking it is near detearing 05/18/10 12:36:45 PM
#131   Still cant complain from .48 to $12.... Could Mr B 05/18/10 11:17:37 AM
#130   Sorry I've been a stranger to all my Mr B 03/08/10 04:51:17 PM
#129   I added last Friday and may increase it tomorrow... detearing 02/22/10 05:55:46 PM
#128   This really dropped - looking to get back detearing 02/19/10 06:12:28 PM
#127   Interesting SEC filings... Vangard group has 5%+ ownership Mr B 02/16/10 11:27:50 PM
#126   Alliance Data's Canadian Loyalty Business Signs Multi-Year Renewal Mr B 02/16/10 11:25:27 PM
#125   Very slow on the news front for this. Mr B 01/25/10 11:59:10 AM
#124   Been SO busy but still watching this.. doesnt Mr B 12/14/09 09:46:15 PM
#123   "The "head-and-shoulders" pattern is believed to be one first8 11/27/09 12:40:23 PM
#122   On 11/7 had a few insider buys... thats Mr B 11/14/09 01:23:43 PM
#121   I have entered into THE AVIS Craze too.. fxchat 11/04/09 11:34:25 PM
#120   Mary Popping Day! detearing 11/03/09 12:24:04 PM
#119   Car is headed up - I think! detearing 10/29/09 08:50:53 PM
#118   CAR is headed down - I think I detearing 10/21/09 05:59:57 PM
#117   Very nice! Congrats on making the decision and Mr B 10/15/09 09:31:16 PM
#116   CAR my fave stock, bought at 0.48 back goprofits 10/14/09 10:53:12 PM
#115   Sheep.... and he probably bought it when it Mr B 10/09/09 06:49:22 PM
#114   Cramer yesterday pumped HTZ - amazing what power detearing 10/09/09 01:29:26 PM
#113   Easy to hold when the profits are 30%.. Mr B 10/07/09 11:20:39 PM
#112   Avis Budget Group Announces Offering of $250 Million Mr B 10/06/09 11:00:28 PM
#111   Nice play! just inching back up Mr B 09/29/09 11:40:39 PM
#110   Nice run today! This just keeps on detearing 09/11/09 12:17:55 AM
#109   I read one book about Warren Buffett and detearing 09/08/09 09:00:02 PM
#108   I am with you my friend... I had Mr B 09/08/09 07:14:03 PM
#107   Oh - thought you had sold at one detearing 09/08/09 06:45:58 PM
#106   Been in since 6. :) No complaints Mr B 09/08/09 06:41:42 PM
#105   Oh good - glad to have company - detearing 09/08/09 06:37:33 PM
#104   It appears to be more stable than A Mr B 09/08/09 06:30:46 PM
#103   Thanks, I probably should think about placing a detearing 09/08/09 06:28:04 PM
#102   Here's a chart.. Would like to see it Mr B 09/08/09 06:24:11 PM
#101   Yep me too. This still could go detearing 09/08/09 05:27:08 PM
#100   These types of stocks, CAR, DTG, HTZ all Mr B 09/08/09 01:50:41 PM