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Abstract
Founded in 1957, Enterprise Holdings is the most comprehensive service provider in the car rental industry, operating - through its regional subsidiaries - the Alamo Rent A Car and National Car Rental brands as well as its flagship Enterprise Rent-A-Car brand in North America. Alamo, Enterprise and National - which swept Executive Travel magazine's 2011 "Leading Edge Awards" for the top three car rental brands in the travel industry - collectively lead with more than one-third of all airport business in the United States and Canada. The company also operates the Enterprise Rent-A-Car brand in the UK, Germany and Ireland, and a franchise network that operates the National and Alamo brands throughout the Americas. Enterprise Holdings recently acquired Citer SA in France and Atesa in Spain, and made a strategic investment in China-based eHi Auto Services. Enterprise Holdings' worldwide network includes more than 7,700 neighborhood and airport locations. With annual revenues of $14.1 billion and more than 70,000 employees, Enterprise Holdings owns and operates more than 1.2 million cars and trucks, making it the largest car rental company in the world measured by revenue, employees and fleet. In addition, the company's annual revenues place it near the top of the travel industry, exceeding many airlines and most cruise lines, hotels, tour operators and online travel agencies. Ranked No. 15 on the Forbes list of America's Largest Private Companies, Enterprise Holdings is owned by the Taylor family and is the only investment-grade company in the U.S. car rental industry. Enterprise Holdings and its affiliates offer business and retail customers a total transportation solution, which includes hourly rental, car leasing, WeCar car sharing and Enterprise Rideshare vanpooling programs, as well as the Enterprise Car Sales, Enterprise Commercial Trucks and Enterprise Fleet Management business lines.