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On December 23, 1997, Chrysler spun off its car rental operations into the Dollar Thrifty Automotive Group with an IPO, as part of an effort to reduce operating expenses at Chrysler. [7] [8] [9] By the end of the 1997 fiscal year, Dollar Thrifty Automotive maintained 872 locations in the United States and employed a staff of 5,400. [2] [10]
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]
Website. www.budget.com. Footnotes / references. [1] Chevrolet Express wagon from Budget Rent-A-Car (Toronto) Budget Rent a Car System, Inc. is an American car rental company that was founded in 1958 in Los Angeles, California by Morris Mirkin. [2] Budget is a subsidiary of the Avis Budget Group, with its operations headquartered in Parsippany ...
The travel blogger spent 37 days in Colombia for less than $3,000, spending less than $80 a day. Hostels range from $10 to $20 a night, while boutique hotels charge about $20 a night and ...
Chicago O'Hare International Airport (IATA: ORD, ICAO: KORD, FAA LID: ORD) is a major international airport serving Chicago, Illinois, United States, located on the city's Northwest Side, approximately 17 miles (27 km) northwest of the Loop business district. Operated by the Chicago Department of Aviation [ 4 ] and covering 7,627 acres (3,087 ...
An early competitor to Saunders was Walter L. Jacobs, whose Chicago-based Rent-a-Car opened in 1918 with twelve Ford Model T's. [4] The company was bought in 1923 by John Hertz. In Britain, car rental started with Godfrey Davis, established in 1920, and bought by Europcar in 1981. [5]
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