Avis Budget Group
Work Here?
About Avis Budget Group
Industries
Automotive & Transportation
Consumer Goods
Company Size
10,001+
Company Stage
IPO
Headquarters
Parsippany-Troy Hills, New Jersey
Founded
1946
Overview
Simplify's Take
What believers are saying
- Increased demand for EVs boosts Avis Budget's fleet expansion opportunities.
- Digital nomadism trends increase demand for long-term car rentals.
- Sustainability initiatives allow Avis Budget to promote eco-friendly rental options.
What critics are saying
- Legal scrutiny for potential securities fraud could lead to financial penalties.
- Leadership changes may impact company performance and investor confidence.
- A $14.5 million tax liability could strain financial resources.
What makes Avis Budget Group unique
- Avis Budget Group is expanding its EV fleet in Greece.
- The company is enhancing digital and contactless services for better customer experience.
- Avis Budget Group is forming partnerships with ride-sharing companies to diversify services.
Help us improve and share your feedback! Did you find this helpful?
Funding
Total Funding
$2080M
Above
Industry Average
Funded Over
1 Rounds
Benefits
Paid Vacation
401(k) Retirement Plan
401(k) Company Match
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Commuter Benefits
Employee Discounts
Employee Assistance Program
Company News
Avis Budget opened in early February off Justin Road in Flower Mound.
The investigation concerns whether Avis Budget Group, Inc. and certain of its officers and/or directors have engaged in securities fraud.
NEW YORK, NY / ACCESS Newswire / February 25, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Avis Budget Group, Inc. ("Avis Budget") (NASDAQ:CAR) concerning possible violations of federal securities laws.
The investigation concerns whether Avis Budget and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
Avis Budget Group announced a leadership transition with CEO Joseph A. Ferraro moving to a Board Advisor role effective June 30, 2025, and Brian J. Choi, Chief Transformation Officer, stepping in as CEO from July 1, 2025.
Avis Budget Group is Hiring for 126 Jobs on Simplify!
Find jobs on Simplify and start your career today
About Avis Budget Group
Industries
Automotive & Transportation
Consumer Goods
Company Size
10,001+
Company Stage
IPO
Headquarters
Parsippany-Troy Hills, New Jersey
Founded
1946
Avis Budget Group is Hiring for 126 Jobs on Simplify!
Find jobs on Simplify and start your career today