Avis Budget Recognized for Multicultural Business Opportunities

Avis Budget Group Inc. has been selected as one of "America's Top 50 Organizations for Multicultural Business Opportunities for 2016."

Presented by DiversityBusiness.com, a multicultural business-to-business online website, the "Div50" is comprised of organizations that have provided opportunities to women- and minority-owned businesses.

Avis Budget Group is the only car rental company on the annual ranking, and 2016 marks the sixth year that Avis Budget has earned a spot on this list, according to the company. Other companies recognized include Apple, Boeing, Johnson & Johnson, Lockheed Martin, and Northrop Grumman.

"Our procurement process benefits greatly from engaging and supporting a wide range of suppliers," said Larry D. De Shon, CEO of Avis Budget Group. "We're honored to be recognized as a leader for our long-standing commitment to providing opportunities to diverse business owners."

This year's Div50 was based on a survey of more than 1.5 million diverse business owners. Responses were based on factors such as volume, consistency, and quality business opportunities granted to women- and minority-owned companies.