Fox Rent A Car
 | |
| ISIN | 🆔 |
|---|---|
| Industry | Car rental and leasing |
| Founded 📆 | 1989 Los Angeles, California, U.S. |
| Founders 👔 | Mike Jaberi, Allen Rezapour, and Mark Mirtorabi |
| Headquarters 🏙️ | Los Angeles, California, U.S. and Tulsa, Oklahoma, U.S. |
Number of locations | 115 corporate and affiliate in 33 countries |
Area served 🗺️ | |
| Owner | Europcar Mobility Group |
| Members | |
Number of employees | |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
Fox Rent A Car is an American car rental company with headquarters offices in Los Angeles, California and Tulsa, Oklahoma. Historically operating as an independent car rental company[1] , Fox Rent A Car owns or has affiliate relationships with 115 worldwide locations across 33 countries.
Company History[edit]
Fox Rent A Car was founded in 1989 by Mike Jaberi, Allen Rezapour and Mark Mirtorabi with an initial fleet of only six cars, all of them Nissan Sentras, in Los Angeles, California. Fox Rent A Car maintained their one location in Los Angeles, California until 1992, with the opening of operations in Orange County, California. The location expansion continued in 1997, when Fox opened its third corporately-owned car rental location in San Diego, California. The rental car company's growth first expanded outside of California in 2002 when it opened in Phoenix, Arizona's Sky Harbor Airport. By 2017, Fox was present in 33 countries, with 115 worldwide locations, including on-airport United States locations in Florida, Texas, Hawaii, Nevada and Colorado.
Acquisition by Europcar[edit]
On August 6, 2019 Europcar Mobility Group (Paris:EUCAR), the largest car rental company in Europe with a 27% market share, announced that it signed an agreement with Fox Rent A Car’s three founders to acquire a 100% stake in the company. [2] This strategic acquisition, which will be the last of the Europcar Mobility Group’s M&A program, SHIFT 2023, that initiated 3 years ago. [3] The acquisition officially closed on November 7, 2019.
References[edit]
- ↑ "The First 25 of the Last Great Independent". Auto Rental News. September 2014. Retrieved September 12, 2014.
- ↑ "Europcar Mobility Group Acquires Fox Rent A Car, to Accelerate Its Growth Momentum by a Direct Presence in the US, Biggest Worldwide Market". Bloomberg. August 2019. Retrieved August 6, 2019.
- ↑ "Europcar Mobility Group Presents SHIFT 2023, Its 2023 Roadmap to Further Capture Profitable Growth". Europcar. June 2019. Retrieved June 25, 2019.
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