SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 --------------- SCHEDULE 13G (RULE 13D-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13D-1(B)(C), AND (D) AND AMENDMENTS THERETO FILED PURSUANT TO 13D-2(B) (AMENDMENT NO. 1) AVIS RENT A CAR, INC. --------------------- (NAME OF ISSUER) Common Stock, Par Value $ .01 Per Share --------------------------------------- (TITLE OF CLASS OF SECURITIES) 053790 10 1 ----------- (CUSIP NUMBER) JANUARY 21, 1999 ---------------- (DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT) CHECK THE APPROPRIATE BOX TO DESIGNATE THE RULE PURSUANT TO WHICH THIS SCHEDULE IS FILED: [ ] RULE 13D-1(B) [ ] RULE 13D-(C) [X] RULE 13D-1(D)
- ----------------------------------------------- ------------------------------------------------------- CUSIP NO. 053790 10 1 13G PAGE 2 OF 9 PAGES - ----------------------------------------------- ------------------------------------------------------- - ------------------------------------------------------------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON CENDANT CAR HOLDINGS, INC. (22-3584781) - ------------------------------------------------------------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [ ] - ------------------------------------------------------------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------------------------------------------------------------ 4 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - ------------------------------------------------------------------------------------------------------------------------------------ NUMBER OF 5 SOLE VOTING POWER SHARES 0 BENEFICIALLY ----------------------------------------------------------------------------------------------------------- OWNED BY 6 SHARED VOTING POWER EACH 6,200,000 REPORTING ----------------------------------------------------------------------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER WITH 0 ----------------------------------------------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 6,200,000 - ------------------------------------------------------------------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,200,000 - ------------------------------------------------------------------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ------------------------------------------------------------------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 19.53% - ------------------------------------------------------------------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON* CO - ------------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------- ------------------------------------------------------- CUSIP NO. 053790 10 1 13G PAGE 3 OF 9 PAGES - ----------------------------------------------- ------------------------------------------------------- - ------------------------------------------------------------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON CENDANT CAR RENTAL, INC. (22-2732926) - ------------------------------------------------------------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [ ] - ------------------------------------------------------------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------------------------------------------------------------ 4 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - ------------------------------------------------------------------------------------------------------------------------------------ NUMBER OF 5 SOLE VOTING POWER SHARES 0 BENEFICIALLY ----------------------------------------------------------------------------------------------------------- OWNED BY 6 SHARED VOTING POWER EACH 6,200,000 REPORTING ----------------------------------------------------------------------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER WITH 0 ----------------------------------------------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 6,200,000 - ------------------------------------------------------------------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,200,000 - ------------------------------------------------------------------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ------------------------------------------------------------------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 19.53% - ------------------------------------------------------------------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON* CO - ------------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------- ------------------------------------------------------- CUSIP NO. 053790 10 1 13G PAGE 4 OF 9 PAGES - ----------------------------------------------- ------------------------------------------------------- - ------------------------------------------------------------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON CENDANT CORPORATION (06-0918165 ) - ------------------------------------------------------------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [ ] - ------------------------------------------------------------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------------------------------------------------------------ 4 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - ------------------------------------------------------------------------------------------------------------------------------------ NUMBER OF 5 SOLE VOTING POWER SHARES 0 BENEFICIALLY ----------------------------------------------------------------------------------------------------------- OWNED BY 6 SHARED VOTING POWER EACH 6,200,000 REPORTING ----------------------------------------------------------------------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER WITH 0 ----------------------------------------------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 6,200,000 - ------------------------------------------------------------------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,200,000 - ------------------------------------------------------------------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ------------------------------------------------------------------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 19.53% - ------------------------------------------------------------------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON* CO - ------------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------- ------------------------------------------------------- CUSIP NO. 053790 10 1 13G PAGE 5 OF 9 PAGES - ----------------------------------------------- ------------------------------------------------------- - ------------------------------------------------------------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON HFS CAR RENTAL HOLDINGS, INC. (22-3475741) - ------------------------------------------------------------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (c) [X] (d) [ ] - ------------------------------------------------------------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------------------------------------------------------------ 4 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - ------------------------------------------------------------------------------------------------------------------------------------ NUMBER OF 5 SOLE VOTING POWER SHARES 0 BENEFICIALLY ----------------------------------------------------------------------------------------------------------- OWNED BY 6 SHARED VOTING POWER EACH 6,200,000 REPORTING ----------------------------------------------------------------------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER WITH 0 ----------------------------------------------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 6,200,000 - ------------------------------------------------------------------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,200,000 - ------------------------------------------------------------------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ------------------------------------------------------------------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 19.53% - ------------------------------------------------------------------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON* CO - ------------------------------------------------------------------------------------------------------------------------------------
- ----------------------------------------------- ------------------------------------------------------- CUSIP NO. 053790 10 1 13G PAGE 6 OF 9 PAGES - ----------------------------------------------- ------------------------------------------------------- - ------------------------------------------------------------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON CENDANT FINANCE HOLDING CORPORATION (83-0321974) - ------------------------------------------------------------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (e) [X] (f) [ ] - ------------------------------------------------------------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------------------------------------------------------------ 4 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - ------------------------------------------------------------------------------------------------------------------------------------ NUMBER OF 5 SOLE VOTING POWER SHARES 0 BENEFICIALLY ----------------------------------------------------------------------------------------------------------- OWNED BY 6 SHARED VOTING POWER EACH 6,200,000 REPORTING ----------------------------------------------------------------------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER WITH 0 ----------------------------------------------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 6,200,000 - ------------------------------------------------------------------------------------------------------------------------------------ 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,200,000 - ------------------------------------------------------------------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - ------------------------------------------------------------------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 19.53% - ------------------------------------------------------------------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON* CO - ------------------------------------------------------------------------------------------------------------------------------------
CUSIP No. 053790 10 1 Page 7 of 9 Pages Item 1(a) - Name of Issuer: Avis Rent A Car, Inc. Item 1(b) - Address of Principal Executive Offices: 900 Old Country Road Garden City, New York 11530 Item 2(a) - Name of Person Filing: Cendant Corporation Item 2(b) - Address of Principal Business Office or, if none, Residence: Cendant Corporation 9 West 57th Street, 37th Floor New York, NY 10019 Cendant Car Holdings, Inc. Cendant Finance Holding Corporation HFS Car Rental Holdings, Inc. Cendant Car Rental, Inc. 6 Sylvan Way Parsippany, NJ 07054 Item 2(c) - Place of Organization: All reporting entities are organized in Delaware Item 2(d) - Title of Class of Securities: Common Stock, par value $ .01 per share Item 2(e) - CUSIP Number: 053790 10 1 Item 3 - Statements Filed Pursuant to Rules 13d-1(b) or 13d-2(b): Not Applicable
CUSIP No. 053790 10 1 Page 8 of 9 Pages Item 4 - Ownership. (a) Amount Beneficially Owned: Cendant Car Holdings, Inc. owns 6,200,000 shares of Common Stock. Each of Cendant Corporation, Cendant Finance Holding Corporation, HFS Car Rental Holdings, Inc. and Cendant Car Rental, Inc. may be deemed to beneficially own the shares owned by Cendant Car Holdings, Inc. (b) Percent of Class 19.53% (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: 0 (ii) Shared power to vote or to direct the vote: 6,200,000 shares of Common Stock (iii) Sole power to dispose or to direct the disposition of: 0 (iv) Shared power to dispose or to direct the disposition of: 6,200,000 shares of common Stock Item 5 - Ownership of Five Percent or Less of a Class: Not Applicable Item 6 - Ownership of More Than Five Percent on Behalf of Another Person: Not Applicable Item 7 - Identification and Classification of the Subsidiary which Acquired the Security being Reported on by the Parent Holding Company: Not Applicable
CUSIP No. 053790 10 1 Page 9 of 9 Pages Item 8 - Identification and Classification of Members of the Group: Not Applicable Item 9 - Notice of Dissolution of Group: Not Applicable Item 10 - Certifications: Not Applicable SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. CENDANT CORPORATION CENDANT FINANCE HOLDING CORPORATION HFS CAR RENTAL HOLDINGS, INC. CENDANT CAR RENTAL, INC. CENDANT CAR HOLDINGS, INC. /s/ James E. Buckman ----------------------------- By: James E. Buckman Vice Chairman and General Counsel Date: February 11, 1999