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Budget Rent a Car System, Inc. is an American car rental company that was founded in 1958 in Los Angeles, California by Morris Mirkin. Budget is a subsidiary of the Avis Budget Group , with its operations headquartered in Parsippany , New Jersey.
Avis Budget Group, Inc. is American car rental agency holding company headquartered in Parsippany, New Jersey. It is the parent company of several brands including Avis Car Rental, Budget Rent a Car, Budget Truck Rental, Payless Car Rental and Zipcar.
Avis Car Rental, LLC is an American car rental company headquartered in Parsippany, New Jersey. Along with Budget Rent a Car, Budget Truck Rental and Zipcar, Avis is a unit of Avis Budget Group. Avis Budget Group operates the Avis brand in North America, South America, Europe, India, Australia, New Zealand, and South Africa.
Most car rental offices offer a range of vehicle sizes to suit a variety of budgets and space requirements and some additionally offer specialized vehicles to suit its location such as convertibles, prestige models, hybrid/electric vehicles, or SUVs and passenger vans.
Alamo Rent A Car – Car rental brand that typically caters to budget-conscious leisure travelers. National Car Rental – Car rental brand that typically caters to business travelers. Enterprise Truck Rental – Consumer moving truck rentals and commercial vehicle rentals.
In 1958, he opened the first Budget Rent-a-Car office at Wilshire and Robertson boulevards in Los Angeles. In 1960, he was joined by Jules Lederer and they incorporated the company as Budget Rent-a-Car Corporation. In 1968, they sold Budget to Transamerica Corporation.
Payless Car Rental, Payless Car Sales, Payless Parking and REZlink International are sister companies under the umbrella of Avalon Global Group. The Payless brand operates in North America, South America, and Europe. The company has 167 locations worldwide. Payless was acquired by Avis Budget Group in 2013.
The company operates its namesake Hertz brand, along with the brands Dollar Rent A Car, Firefly Car Rental and Thrifty Car Rental. It is one of the three big rental car holding companies in the United States, holding a 36% market share, placing it ahead of Avis Budget Group and second to Enterprise Holdings . [2]
The facility will host five rental car companies representing 13 brands, including Avis Budget Group (which operates Avis Car Rental, Budget Rent a Car, Payless Car Rental and Zipcar), Enterprise Holdings (which operates Enterprise Rent-A-Car, Alamo Rent a Car and National Car Rental), Europcar (which operates Europcar and Fox Rent A Car), The ...
In 2002, Cendant bought Budget Rent a Car out of bankruptcy for $110 million plus $2.8 billion in assumed debt. The combination of Budget with Avis made Cendant the second-largest car rental company in the U.S. In 2004, Cendant began a series of moves to simplify its business and focus on its core areas of real estate and travel.
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