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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. [2] Budget is a subsidiary of the Avis Budget Group , with its operations headquartered in Parsippany , New Jersey.
In November 2002 Budget sold its truck and car businesses to Cherokee Acquisition Corporation, which is owned by Cendant Corporation. [5] In September 2006 Budget Rent a Car, Avis Rent a Car, and Budget Truck Rental were spun off by Cendant as a separate company, Avis Budget Group. In 2007, its headquarters was transferred to Morris County, New ...
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[22] [23] This began the process of replacing the existing, aging facilities with all new facilities, including a rental car center, a parking garage, a terminal with two linear concourses (similar to Atlanta, Denver and Washington–Dulles) with 93 gates, two tunnels, and an elevated roadway. The construction was funded by airport funds ...
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