Avis Budget Group, Inc.

Avis Budget Group, Inc. is a major American vehicle rental holding company headquartered in Parsippany, New Jersey. The current company was formed in 2006 following the separation of Cendant Corporation, though its flagship brand, Avis, was founded by Warren Avis in 1946. A publicly traded company, Avis Budget Group is listed on the Nasdaq stock exchange under the ticker symbol CAR. The company is a significant global operator with approximately 24,000 to 25,000 employees. For the trailing twelve months as of March 2026, the company reported revenue of $11.9 billion.

The company provides a wide range of mobility solutions to both consumers and businesses. Its primary operations are vehicle rental and car-sharing services offered through a portfolio of well-known brands. These include Avis Car Rental, which targets the premium segment; Budget Rent a Car and Payless Car Rental, aimed at value-conscious customers; and Budget Truck Rental for consumer and light commercial use. In addition, Avis Budget Group operates Zipcar, a leading car-sharing network, and other regional brands such as Apex Car Rentals and Maggiore Group. The company maintains a global presence with over 10,000 rental locations in approximately 180 countries.

Based on its legal history, Avis Budget Group appears as an operating company that has had to defend against patent infringement claims. The company's record shows one tracked case as a defendant and zero as a plaintiff. This defensive posture is typical for a large corporation with extensive operations. The single documented suit was filed in 2012 in the Eastern District of Texas, a venue historically favored by patent plaintiffs.

The notable case on record is TQP Development, LLC v. Avis Budget Group, Inc. The plaintiff, TQP Development, was a Texas-based limited liability company that filed numerous patent infringement lawsuits against a wide range of companies in the Eastern District of Texas. The lawsuits, including the one against Avis Budget, typically asserted a patent related to encrypted data transmission systems, suggesting that TQP Development was a non-practicing entity (NPE) focused on patent assertion.