Car-Rental Pioneer Avis Dies at 92
STEVE INSKEEP, host:
Today's last word in business goes to a pioneer in car rental.
Warren Avis died yesterday of natural causes. He was 92 years old. Avis Rent-a-Car was founded back in 1946, the first car rental business to be located at an airport. Mr. Avis came up with the idea when he was a pilot, couldn't find ground transportation once he landed.
Avis' company went on to become the world's largest car-rental service until it was eventually surpassed by Hertz. Avis himself sold his interest in the business in 1954 for $8 million but it remains in business, the company that says we try harder.
We're trying to bring you the business news here on MORNING EDITION from NPR News. I'm Steve Inskeep.