[CAR RENTAL AND LEASING] Avis Car Rental operates one of the world’s best-known car rental brands with approximately 5,450 locations in more than 165 countries. Avis has a long history of innovation in the car rental industry and is one of the world’s top brands for customer loyalty. Avis is owned by Avis Budget Group, Inc. (NASDAQ: CAR), which operates and licenses the brand throughout the world.
About Avis in Asia
In Asia, Avis is a leading provider of vehicle rental; vehicle leasing and limousine/chauffeur drive services operating approximately 400 locations through a network of wholly-owned subsidiaries, joint ventures and licensees in 19 countries & territories. Avis opened its first operations in Asia in 1970 in Hong Kong. Throughout the 1970's Avis grew steadily in the region, and launched operations in Singapore, the Philippines, Pakistan, Malaysia and Indonesia. Developments have also included openings in India, Mainland China, Vietnam, Taiwan, and most recently, Laos and Cambodia.