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CraneBudget Rent a CarBudget Rent A Car System, Inc. is a car rental company that was founded in 1958 in Los Angeles, California by Morris Mirkin. With its original fleet of 10 cars the company lived up to the 'Budget' name by undercutting the daily and per mile rental rates of the established airport based car rental companies. Mirkin was joined in 1959 by Julius Lederer (husband of Ann Landers). In 1960 the headquarters was moved to Chicago, Illinois and the rental fleet expanded with franchised and wholly owned rental outlets. The company was eventually acquired by Transamerica Corporation, and then sold in 1986 in a leveraged buyout by Gibbons, Green and van Amerongen Ltd., along with management and selected investors. It was taken public in 1987. The public company was purchased by Team Rental Group in 1997, which took the name Budget Group. In 2002 the company's assets were sold to Cendant Corporation, which also owned Avis. In September 2006 Cendant Corporation separated into four independent companies by spinning off its real estate division, now called Realogy, Inc., and its hospitality services division, now Wyndham Worldwide, and by selling its travel distribution services division, called Travelport, Inc., to an affiliate of The Blackstone Group. In 2006, following the Travelport sale, Cendant, now composed solely of its vehicle rental services businesses, renamed itself Avis Budget Group. wiki Budget Rent a CarCar Classification CodeThe ACRISS Car Classification Code is a code used by many car rental companies, including Avis, Hertz, Alamo, Europa car and National, for classifying vehicles. ACRISS stands for Association of Car Rental Industry Systems and Standards. The code has four letters, each of which represents an attribute of the vehicle. First letter: ClassM = Mini E = Economy C = Compact I = Intermediate S = Standard F = Full Size P = Premium L = Luxury X = Special Second letter: Type B = 2 Doors C = 2/4 Doors D = 4 Doors W = Wagon V = Van (6+ passengers) L = Limousine S = Sport T = Convertible F = 4-Wheel Drive P = Pick Up J = All Terrain K = Van (cargo) X = Special Third letter: Transmission A = Automatic M = Manual Fourth letter: Air Conditioning R = Yes N = No wiki Car Classification Code The ACRISS Car Classification Code is a code used by many car rental companies, including Avis, Hertz, Alamo, Europcar and National, for classifying vehicles. ACRISS stands for Association of Car Rental Industry Systems and Standards. The code has four letters, each of which represents an attribute of the vehicle. First letter: Class M = Mini E = Economy C = Compact I = Intermediate S = Standard F = Full Size P = Premium L = Luxury X = Special Second letter: Type B = 2 Doors C = 2/4 Doors D = 4 Doors W = Wagon V = Van (6+ passengers) L = Limousine S = Sport T = Convertible F = 4-Wheel Drive P = Pick Up J = All Terrain K = Van (cargo) X = Special Third letter: Transmission A = Automatic M = Manual Fourth letter: Air Conditioning R = Yes N = No |
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