This document discusses global car rental markets and operations. It outlines the main reasons for renting a car, including commercial/business use, leisure/social use, as a replacement vehicle, or when traveling with luggage. The largest car rental companies globally are Hertz, Budget, and Avis. Cars can be rented for business or leisure purposes. Rental vehicles come in various classes and types, and renters must choose options like transmission type and air conditioning. Customers may require extra amenities or special services. Insurance options vary depending on the rental rate type. Major companies maintain fleets and inspect cars after each rental. Renters must choose how to handle fuel costs. Car rentals are distributed directly, through travel agents and