A publicly traded Israeli company in the automobile sector, dealing in car leasing, fleet operation, car sales, trade-in and car rentals.
Albar operates two car rental agencies in Modi'in Illit and Beitar Illit, two settlements in the occupied West Bank.
The company is the exclusive representative of Dollar Rent A Car and Thrifty Rent a Car System, held by Hertz Global Holdings (NYSE: HTZ) through its full ownership of Dollar Thrifty Automotive Group. In 2017, it became the exclusive representative of the publicly traded French car rental company Europcar (Euronext:EUCAR). The companies receive royalties based on Albar's tourist rental revenues.