Avis Budget Group operates two of the leading global brands in the vehicle rental industry through Avis and Budget. Avis is a leading rental car supplier that primarily serves the premium commercial and leisure segments of the travel industry. Budget is a leading rental car supplier competing within value-conscious segments of the industry in the United States and other regions, and as a premium brand in Canada, the Caribbean and other parts of the world. Budget also operates one of the leading truck rental businesses in the United States.
Avis Budget Group and its subsidiaries and licensees provide a complete range of vehicle rental services through 10,000 rental locations in approximately 175 countries around the world. The Company has three operating regions: North America, Europe, Middle East & Africa (EMEA) and Latin America/Asia Pacific. We own and operate most Avis and Budget car rental offices in North America, Europe and Australia, and operate primarily through licensees in other parts of the world. Avis Budget Group has approximately 29,000 employees and is headquartered in Parsippany, N.J.
Our industry leadership and proud heritage have as a foundation our firm commitment to our Company Mission, Vision and Core Values.
Budget Truck Rental is one of the leading consumer truck rental companies in the United States. Operating through a network of more than 2,100 corporate owned and dealer locations throughout the continental United States, Budget Truck Rental serves both the consumer and light commercial sectors. Budget Rent A Car System Inc. operates both Budget Truck Rental and Budget Car Rental and is a wholly owned subsidiary of Avis Budget Group, Inc. (NASDAQ: CAR).