We are one of the largest car rental companies in Brazil in terms of fleet size and revenue (according to ABLA). In December 2014, as a result of a corporate reorganization of the JSL Group, which operates the largest portfolio of logistics services in Brazil, we consolidated all rent-a-car, or RAC, and fleet outsourcing and management, or GTF, activities of the JSL Group. During the period between December 2013 and September 2016, we were the car rental company with the highest growth in Brazil, in terms of fleet size, among companies of the industry that publish such information. Moreover, we believe we are the most recognized car rental company by consumers in terms of innovation, offering solutions that seek to provide an exclusive experience, through distinguished services and products and strategic alliances with car manufacturers, car dealerships and car rental companies, according to research conducted by H2R Pesquisas Avançadas.
Our activities are divided into two segments:
Seeking to operate with a fleet of quality vehicles with excellent conditions and low mileage, the Company maintains a permanent process to renew its operational fleet by demobilizing its assets twelve months after they are acquired, consequently selling these used vehicles in its own stores, mainly under the Movida Seminovos brand, which includes several makes and models.
As of December 31, 2018, our fleet totaled 92,9 thousand cars and we had an extensive service network, with stores and sales offices strategically located in all Brazilian states. As of December 31, 2018, we had 186 stores. In the same period, our network of used car stores totaled 64 proprietary stores located in 25 states and 1 federal district.
The map below sets forth the distribution of our used RAC and car stores and franchise stores, as of December 31, 2018: