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The Bedford Automile got its start when Lynn L. Horton and his brother, Ralph E. Horton, opened the first car dealership in Bedford in the early 1920s. The original dealership sold Ford Motor Company cars, but quickly expanded to offer other makes of cars, such as Chevrolet, De Soto and Plymouth.
The company was founded in 1946 with three cars at Willow Run Airport, [10] Ypsilanti, Michigan, by Warren Avis (August 4, 1915 – April 24, 2007). [8] It established branch operations across the United States over the next few years, becoming the second largest car rental company in the country by 1953.
Avis Budget Group, Inc. is an American car rental agency holding company headquartered in Parsippany, New Jersey. It is the parent company of several brands including Avis Car Rental, [3] Budget Rent a Car, [4] Budget Truck Rental, Payless Car Rental, and Zipcar. [5]
Enterprise is the flagship brand of Enterprise Holdings, which also owns other agencies including Alamo Rent a Car and National Car Rental. The company has historically concentrated on what it calls "home city" rentals, often people renting a car while their own was being repaired, but has expanded to airport-based rentals, especially after its ...
[11] [13] Under the ownership of General Motors, the company released the first rental car charge card in 1926, opened its first rental car location at Chicago's Midway Airport in 1932, and introduced the first one-way rental plan in 1933. [11] [14] Hertz Drive-Ur-Self System expanded services to Canada in 1938 and Europe (France) in 1950. [11 ...
This page was last edited on 15 September 2019, at 21:05 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
The company made its first public stock offering in 1987. [4] Team Rental Group purchased the public company in 1997 and took the name Budget Group. In 2002, Budget filed for bankruptcy and was later sold to the Cendant Corporation, which also owned Avis. [5] In September 2006, Cendant Corporation separated into four independent companies.
Members can also use Zipcar's app to search, book and locate a Zipcar by honking its horn, extend, end and cancel a reservation. [9] In the third quarter of 2007, Zipcar merged with Seattle-based rival Flexcar to create a nationwide car rental company. [10] The company's IPO was in April 2011.
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