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Our Factsheet
Growing the business since 1958
In Summary: Day after day, Budget employees and operators at approximately 2,700 locations in more than 120 countries help support our vision, mission and values.
Quick History
Budget Rent A Car was founded by Morris Mirkin in 1958 with a $24,000 investment. The company name was chosen to appeal to the “budget-minded” or “value-conscious” renter. In 1959, in an effort to grow the business, Mirkin appealed to a distant relative, Jules Lederer, president of a Chicago-based manufacturer of writing instruments, for additional financing. Lederer formed a leasing company and leased new vehicles to Mirkin. In 1960, Lederer formed Budget Rent A Car Corporation in Chicago. The company then grew rapidly, both nationally and internationally.
In 1986, Gibbons, Green and van Amerongen Ltd. along with management and selected investors purchased Budget from Transamerica Corp. in a LBO transaction. Budget made an initial public offering of 3.2 million shares in 1987.
In 1992, Budget moved downtown Chicago headquarters to Lisle, Ill.
In April 1997, Budget was bought by Team Rental Group, Budget’s largest franchisee in the United States and changed its name to Budget Group, Inc. Budget Group began trading on the NYSE that year.
In 1997, Budget unveiled “Unlimited Budget” a travel agent loyalty program through which members receive a free Unlimited Budget debit MasterCard card and earn points (dollars) for completed bookings.
In 1998, Budget introduced “Fastbreak,” Budget’s express service with paperless transaction.
In 2002, Budget Group was delisted from the NYSE and sold Budget Rent A Car assets in the United States, Canada, Latin America, Caribbean, Australia and New Zealand to Cendant Corporation. Other worldwide assets were sold to Avis Europe, Plc. Later, Cendant moved Budget headquarters from Lisle, Ill. to Parsippany, N.J.
In 2006, Cendant Corporation separated into four independent companies: Realogy, Wyndham Worldwide, Travelport and Avis Budget Group, Inc. As a result, Budget Rent A Car System, Inc. is now a subsidiary of Avis Budget Group.
In 2011, Avis Budget Group, Inc. acquired Avis Europe plc. The transaction re-unites Avis Budget Group with its licensee for Europe, the Middle East, Africa and Asia.
About this location:
Location
Fresno Yosemite Intl Airport
Additional Travel Information
With a vast selection of comfortable rental cars at great everyday low prices, it’s no wonder Budget Car Rental is the preferred choice for travelers looking for unbeatable deals in Fresno. Peruse our fleet of quality airport car rentals, from compacts to full-size to SUVs, and pick the right ride to suit your trip. What’s more, Budget’s FAT car rental counter is located on Fresno Yosemite International Airport (FAT) grounds, so whichever of our Fresno airport car rentals you choose, you’ll be cruising in no time.
Smack dab in the middle of the state of California, Fresno is the biggest city in the Central Valley, and is only an hour from Yosemite, Sierra, Kings Canyon and Sequoia. Getting wherever you want to go on your California holiday is easy when you’ve got one of Budget’s Fresno Yosemite International Airport rental cars to take you there.
Be sure to include a visit to Woodward Park on your Fresno itinerary. Three hundred acres of ponds, lakes and grassy knolls make this a fabulous spot for a family excursion. Have a bite at Dusty Buns Bistro, a popular eatery that got its start as a food truck, and don’t forget to wander through Peeve’s Public House & Local Market, a great place to listen to live music and sample the best food and drink in the Central Valley.
An SUV or 4×4 from Budget is ideal for trips out of the city. California’s rugged terrain and captivating mountain ranges are a natural playground waiting to be explored.
Regardless of what rental vehicle from Budget you choose for your stay in Fresno and beyond, don’t forget to sign up for the Fastbreak program.
Additional Location Information
Select from a wide variety of vehicles at Budget Fresno Yosemite Intl Airport, check out the latest Fresno Yosemite Intl Airport Car Rental Deals, and be confident that you are getting the best rental rates in California !
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