Vanguard Automotive Group
Encyclopedia
Vanguard Automotive Group is a company based in Tulsa, Oklahoma
Tulsa, Oklahoma
Tulsa is the second-largest city in the state of Oklahoma and 46th-largest city in the United States. With a population of 391,906 as of the 2010 census, it is the principal municipality of the Tulsa Metropolitan Area, a region with 937,478 residents in the MSA and 988,454 in the CSA. Tulsa's...

. Vanguard purchased ANC Rental
ANC Rental
ANC Rental Corporation was a Delaware corporation, created in October 1999 by AutoNation, Inc. as a wholly owned subsidiary.The company owned Alamo Rent A Car, National Car Rental, CarTemps and was a 2000 AutoNation spin-off to its shareholders, made public on July 3, 2000...

, owner of National Car Rental
National Car Rental
National Car Rental is a rental car company based in Clayton, Missouri. National was founded by 24 independent rental car agents on August 27, 1947...

 and Alamo Rent A Car
Alamo Rent A Car
Alamo Rent a Car is the third-largest car rental agency in the United States. Based in Clayton, Missouri, it has branches across the United States, Canada, Mexico, Central America, South America, parts of Africa, Europe, and Australia, and various Caribbean islands...

. The company has a fleet of nearly 300,000 vehicles, mainly from Ford and Chrysler
Chrysler
Chrysler Group LLC is a multinational automaker headquartered in Auburn Hills, Michigan, USA. Chrysler was first organized as the Chrysler Corporation in 1925....

, and operates over 1,500 locations. In 2007 Enterprise agreed to purchase a controlling share in the company from Cerberus Capital Management
Cerberus Capital Management
Cerberus Capital Management, L.P. is one of the largest private equity investment firms in the United States. The firm is based in New York City, and run by -year-old financier Steve Feinberg. Former U.S...

.
A sale to rival Enterprise Rent-A-Car
Enterprise Rent-A-Car
Enterprise Holdings, Inc. is a privately held company formed in 2009 to operate rental car subsidiaries: Enterprise Rent-A-Car, National Car Rental, Alamo Rent A Car, WeCar and its commercial fleet management, used car sales, and commercial truck rental operations.Enterprise Holdings was formed as...

 was completed on Aug 1, 2007, making the combined Enterprise-Alamo-National the largest US car rental operation, ahead of The Hertz Corporation, and rival Avis Budget Group
Avis Budget Group
Avis Budget Group, Inc. operates Avis Rent A Car System, LLC , Budget Rent A Car System, Inc. and Budget Truck Rental, LLC...

.
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