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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 ... 2,275 locations are company owned ...
Budget Truck Rental, LLC is the second largest truck rental company in the continental United States, with around 2,800 locations and 32,000 trucks across the country. Budget Truck Rental is owned and operated by Avis Budget Group, which was spun off from Cendant. Budget Truck Rental has contracts with Ford, GMC, Navistar International and ...
In 1958, he opened the first Budget Rent-a-Car office at Wilshire and Robertson boulevards in Los Angeles. [2] In 1960, he was joined by Jules Lederer and they incorporated the company as Budget Rent-a-Car Corporation. [3] In 1968, they sold Budget to Transamerica Corporation. [2]
In 2011, Avis Budget Group acquired Avis Europe, an independently owned company licensee, globally reuniting the Avis and Budget brands. [10] On September 5, 2012, Avis Budget Group acquired Apex Car Rentals of New Zealand. [11] On March 14, 2013, Avis Budget Group purchased carsharing company Zipcar for about US$500 million in cash. [12] [13]
The first companies began operating out of the facility in October 2024. When it is fully operational in 2025, it will consolidate rental car operations currently spread across the surrounding area of LAX into one location adjacent to the 405 freeway. The new facility is expected to store up to 21,000 rental vehicles.
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