FAQs

 

• How can I rent a car or a truck?
• Where is Avis Budget Group headquartered?
  
• Who is the stock transfer agent?
• Does Avis Budget Group pay a dividend?
• When does Avis Budget Group release earnings?
• How many shares does Avis Budget Group have outstanding?
• What is your stock symbol and where do you trade?
• I own Cendant stock (or stock certificates), what happened to my shares?
• I owned Cendant stock, how do I figure out my cost basis in Avis Budget Group?
• Can I buy stock directly from Avis Budget Group or do I have to use a broker?
• How do I get stock certificates?
• What is your CUSIP number?
• Where is Avis Budget Group incorporated?
• What regions does Avis Budget Group operate in?
• Where does Avis Budget Group source its vehicles?
• How can I request a corporate donation to my non-profit organization?
• Is Avis Budget Group owned by Cendant Corporation?
• How big is Avis Budget Group?
• What is Avis Budget Group doing to help the environment?

 

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How can I rent a car or a truck?

• You can rent a car or truck through our websites www.Avis.com , www.Budget.com or www.budgettruck.com or by calling our reservation centers toll free: Avis at 1-888-777-AVIS, Budget at 1-800-BUDGET7 or Budget Truck at 1-800-GO-BUDGET

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Where is Avis Budget Group headquartered?

• Avis Budget Group headquarters are located at:

  6 Sylvan Way
  Parsippany, New Jersey 07054
  Contact Avis Budget Group.

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How large is Avis Budget Group?

• Avis Budget Group 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. Worldwide, Avis Budget Group has more than 6,900 rental locations with a fleet averaging more than 425,000 vehicles that generates more than $5.9 billion in annual revenues. The Company is supported by about 30,000 employees.
  

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Who is the Stock transfer agent?

• Shareholder inquiries relating to: transferring stock or making a name change; change of address; replacing lost stock certificates; consolidating duplicate accounts; eliminating duplicate mailings and obtaining statements of shareholdings may be directed to the Transfer Agent and Registrar in writing to the below address:

CAR Common Stock
Avis Budget Group common stock
Transfer Agent
Mellon Investor Services LLC
P.O. Box 3315
South Hackensack, NJ 07606
On the Web at: www.melloninvestor.com

Or by calling: 1-800-589-9469 (9:00 a.m. to 7:00 p.m. Eastern Time)

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Does Avis Budget Group pay a dividend?

• Avis Budget Group currently does not pay cash dividends to shareholders.

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When does Avis Budget Group release earnings?

• Avis Budget Group is on a calendar fiscal year and typically will release earnings in February, April, July and October for the previous quarter. Interested parties may sign up for e-mail alerts on the website. Typically a press release announcing the date is issued approximately one to two weeks prior to the actual date and this information is also posted to the website.

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How many shares does Avis Budget Group have outstanding?

• As of June 30, 2008, there were approximately 102 million shares outstanding.

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What is your stock symbol and where do you trade?

• Avis Budget Group trades on the New York Stock Exchange (NYSE) under the stock symbol CAR.

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I own Cendant stock (or stock certificates), what happened to my shares?

• Your shares of Cendant stock were converted into shares of the three new publicly-traded companies that emerged following the Cendant separation. You received shares of Realogy and Wyndham Worldwide stock through a dividend distribution in July of 2006, and you currently own shares in Avis Budget Group as well. Please contact your Financial Advisor or our transfer agent if you have not received shares.

• For all Avis Budget Group shareholder-related inquiries, please contact our transfer agent or visit the Avis Budget Group Investor Center.

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I owned Cendant stock, how do I figure out my cost basis in Avis Budget Group?

• Cost Basis Information

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Can I buy stock directly from Avis Budget Group or do I have to use a broker?

• Avis Budget Group's shareholder services and transfer agent, Mellon Investor Services, offers the Investor Services Program for investors wishing to purchase or sell Avis Budget Group Common Stock. Information about the Investor Services Program is maintained, offered and administered by Mellon Investor Services. This Program is not sponsored or administered by Avis Budget Group. The viewer understands this communication does not constitute an offer to sell or the solicitation of an offer to buy securities of Avis Budget Group Corporation.

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How do I get stock certificates?

• We will not be issuing new stock certificates as our shares will now be uncertificated. This will provide us with some cost savings.

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What is your CUSIP number?

• The CUSIP number for Avis Budget Group common stock is 053774 10 5.

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Where is Avis Budget Group incorporated?

• Avis Budget Group is incorporated in Delaware, U.S.

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What regions does Avis Budget Group operate in?

• North America, Latin America , the Caribbean, Australia and New Zealand. Avis Budget Group operates through a network of corporate-owned locations, licensees (franchisees) and dealer locations.

• Avis Budget Group owns the worldwide rights to the Avis, Budget and Budget Truck brands. In regions where Avis Budget Group does not operate the brands, Avis and Budget are operated by Avis Europe plc through a network of corporate-owned and licensed locations under license from Avis Budget Group.
  

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Where does Avis Budget Group source its vehicles?

• Avis Budget Group sources vehicles from many different manufacturers; General Motors is the featured supplier for Avis Rent A Car, and Ford is the featured supplier for Budget Rent A Car.
  

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How can I request a corporate donation to my non-profit organization?

• Avis Budget Group is proud to support our Communities through donations of cash as well as assistance with vehicles. Support is generally focused on national 501(c)(3)organizations engaged in causes relating to health and human services, minority education, people with disabilities and response to natural disasters. To request a donation, click on the "Contact Us" tab at the top of this page, and from the drop-down menu, select "Community Relations/Donations" and you will be able to send a request to the Company's Community Relations department.

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Is Avis Budget Group owned by Cendant Corporation?

• Avis and Budget were owned by Cendant Corporation until 2006, when Cendant separated into four new companies, each a “pure play” within their industries. Two of these companies, Realogy and Wyndham Worldwide were spun off as independent publicly-traded companies in July of 2006. A third company, Travelport, was sold in August of 2006 to an affiliate of The Blackstone Group. Following the completion of the Travelport sale, Avis Budget Group remained as the sole business unit of Cendant Corporation. In September of 2006, Cendant Corporation changed its name to Avis Budget Group and its stock began trading under Avis Budget Group on the New York Stock Exchange (NYSE: CAR).

• For more information on the ownership history of Avis and Budget, visit the Avis Budget Group Timeline.

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How big is Avis Budget Group?

• We believe we are the largest general-use vehicle rental operator in each of North America, Australia, New Zealand and certain other regions we serve, based on published airport statistics. For the year ended December 31, 2007, Avis Budget Group vehicle rental operations generated revenues of approximately $6.0 billion. We have approximately 6,900 car and truck rental locations in the United States, Canada, Australia, New Zealand, Latin America, the Caribbean and parts of the Pacific region. On average, our rental fleet totaled more than 425,000 vehicles, and we completed more than 28 million vehicle rental transactions worldwide in 2007. We rent our fleet of approximately 28,700 Budget trucks through a network of approximately 2,500 dealer-operated, 230 company-operated and 85 franchisee-operated locations throughout the continental United States. Avis Budget Group has approximately 30,000 employees.

 

 

What is Avis Budget Group doing with respect to the environment?

• Avis/Budget is committed to managing the environmental aspects of our business with transparency and in accordance with

  established international standards, to be sensitive to the needs of the environment, and to measure and manage how our business

  affects the environment.
  
  

  Out of a total fleet of more than 375,000 Avis Budget Group vehicles, about half have a fuel efficiency rating of 30 miles per gallon

  or better (highway). One-fourth of our fleet (approximately 100,000 vehicles) is rated at 32 miles per gallon (highway) or better.

  63% of the vehicles in our fleet meet the standards for US EPA SmartWay Certification. Avis and Budget also now offer gas/electric

  hybrid cars for rent in certain locations.
  
  

  Avis Budget Group is creating a formal Environmental Management System (EMS) in accordance with ISO 14001 international

  standards. This will enable us to quantify, manage and reduce the various environmental aspects of our business operations.

  For more information, please see our Environmental Initiatives report.
  
  

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