National Car Rental is an American car rental company based in Clayton, Missouri, USA. National is owned by Enterprise Holdings, along with other agencies such as Enterprise Rent-A-Car and Alamo Rent a Car. In 1995, National was part of an investment group consisting of William Lobeck of Tulsa, Alvin Swanner of New Orleans and Archer McWhorter of Houston.  Lobeck was former president of Chrysler car rental and former owner of Thrifty Rent A Car, a competitor of National. It was then sold in 1995 at an estimated price of $1 billion.  In 1996, National was taken over by Republic Industries (later renamed AutoNation).  AutoNation relocated its car rental agencies in 2000 as an ANC Rental.  One year later, ANC went bankrupt; The real estate was sold in 2003 to Vanguard Automotive Group (controlled by Cerberus Capital Management).  On August 1, 2007, Enterprise Rent-A-Car took control of Vanguard Automotive Group.  National was founded on August 27, 1947 by 24 independent car rental agencies. It had grown from 60 sites in the United States in 1947 to more than 2000 international sites by 2005.
In 1987, Paine Webber, a historic American brokerage, acquired the majority of National.  In 1996, National acquired the Canadian fleet and operated Tilden Rent-a-Car.