LYCOS RETRIEVER
Budget: Avis Budget Group
built 630 days ago
Avis Budget Group is a leading provider of vehicle rental services, with operations in more than 70 countries. Through its Avis and Budget brands, the company is the leading general-use vehicle rental company in each of North America, Australia, New Zealand and certain other regions based on published airport statistics. Avis Budget Group is headquartered in Parsippany, N.J. and has more than 30,000 employees. For more information about Avis Budget Group, visit www.avisbudgetgroup.com.
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Within 90 days, Avis Budget Group's network was successfully migrated to Verizon Business' flagship offering, Private IP. This transition from the former Cendant internal telecommunications group helped free up IT resources to enable Avis Budget Group to focus more closely on its core business activities.
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PARSIPPANY, N.J., Nov. 13 /PRNewswire-FirstCall/ -- Avis Budget Group, Inc. , a leading provider of vehicle rental services, today announced that it has launched an initiative to create a formal environmental management system (EMS) for certain major U.S. locations. The system is being designed to measure and manage environmental aspects of the Company's operations, in accordance with International Organization for Standardization (ISO) 14001 guidelines. ISO 14001 is a set of international standards used by businesses to establish, implement, maintain and improve environmental management systems.
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PARSIPPANY, N.J., Sept. 5 /PRNewswire-FirstCall/ -- Avis Budget Group, Inc. CAR announced that it will begin trading today on the New York Stock Exchange under the symbol "CAR" after giving effect to a one-for-ten reverse stock split. Avis Budget Group was formerly known as Cendant Corporation CD.
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In addition to offering a "green fleet," Avis Budget demonstrates sound environmental practices at its field operations. All car washes installed at Avis and Budget facilities recycle and reuse at least 80 percent of their wastewater. Used motor oil, oil filters, parts and brake cleaner fluids are collected by Avis Budget Group vendors and recycled at licensed facilities.
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The rights that Avis Budget Group is acquiring to rent cars and trucks under the Budget name in Newark have been licensed to a third party since 1971. The Budget operations in Newark generate annual revenues of approximately $20 million.
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