Localiza Rent a Car S.A. engages in car rental and franchising activities. The company is also involved in selling decommissioned cars; providing car parking services; and managing car-related claims for insurance companies. As of March 31, 2018, it operated a fleet of 193,260 cars; and 591 car rental locations in Brazil and internationally. The company serves individuals, legal entities, and corporations. Localiza Rent a Car S.A. has a strategic partnership agreement with The Hertz Corporation. The company was founded in 1973 and is headquartered in Belo Horizonte, Brazil.