Companhia de Locação das Americas engages in rental of national and imported vehicles. It operates through the Rent-a-Car (RAC) and Fleet segments. The RAC segment refers to rental of vehicles under short-term contracts. The Fleet segment offers rental of vehicles under long-term contracts. The company was founded by Sérgio Augusto Guerra de Resende and Luis Fernando Memória Porto in 1993 and is headquartered in Sao Paulo, Brazil.