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Budget car rental's Overview

Total employees127
HeadquartersParsippany
Founded

Budget Car Rental is a leading global car rental company, renowned for providing quality vehicles and a rewarding rental experience to value-conscious travelers. Founded in 1958 by Morris Mirkin in Los Angeles, Budget operates through an extensive network of locations in airports and cities worldwide, offering a diverse range of cars, trucks, and vans. As a subsidiary of Avis Budget Group, Budget caters to customers seeking affordable, reliable, and convenient transportation solutions for leisure and business travel.

Where is Budget car rental's Headquarters?

HQ Function

The Parsippany headquarters serves as the central command for Avis Budget Group's global operations, including strategy, finance, marketing, technology, and corporate governance for both Avis and Budget brands.

Notable Features:

The Parsippany campus is a modern corporate facility designed to support a large workforce, featuring collaborative workspaces and technology infrastructure to manage global operations. It is part of a larger corporate hub in Morris County.

Work Culture:

The work culture at Avis Budget Group's headquarters likely emphasizes customer-centricity, operational efficiency, innovation in mobility solutions, and a collaborative approach to managing a global enterprise. This environment supports the distinct brand identities of Budget and Avis while leveraging shared services.

HQ Significance:

This HQ is vital for coordinating Avis Budget Group's vast international network, driving technological advancements in the car rental sector, managing financial performance, and setting the strategic direction for its brands, including Budget.

Values Reflected in HQ: The headquarters' design and operations likely reflect values such as efficiency, global connectivity, technological integration, and a commitment to a productive work environment for its employees supporting a multi-brand strategy.

Location:

Budget Car Rental, as an integral part of Avis Budget Group, maintains a significant global footprint. It operates in approximately 180 countries with thousands of rental locations, predominantly at airports and in metropolitan areas. Globally supported functions include vehicle rental operations, customer service centers, international sales and marketing initiatives, franchisee relations, comprehensive fleet management (including acquisition and disposal), and the technological infrastructure underpinning its booking and operational systems.

Street Address:

6 Sylvan Way

City:

Parsippany

State/Province:

New Jersey

Country:

USA

Budget car rental's Global Presence

Bracknell, Berkshire, United Kingdom

Address: Avis Budget House, Park Road, Bracknell, Berkshire, RG12 2EW, UK

To manage and expand the car rental business in the EMEA markets, focusing on localized customer service, fleet optimization, partner development, and brand growth for Budget and Avis. It adapts global strategies to regional consumer needs and regulatory environments.

Buying Intent Signals for Budget car rental

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Budget car rental

As of April 2025, Budget car rental' leadership includes:

Joe Ferraro - Chief Executive Officer, Avis Budget Group
Brian Choi - Executive Vice President and Chief Financial Officer, Avis Budget Group
Jagdeep S. Ghuman - Executive Vice President and Chief Technology Officer, Avis Budget Group

Investors of Budget car rental

Budget car rental has been backed by several prominent investors over the years, including:

SRS Investment Management, LLC
The Vanguard Group, Inc.
BlackRock, Inc.
Capital Research Global Investors

Executive New Hires/Exits in the Last 12 Months

Hire2
Exits0

Over the past 12-18 months, Avis Budget Group, parent of Budget Car Rental, has made key appointments in technology leadership and board governance, signaling a focus on innovation and strategic oversight. No major C-suite departures have been publicly highlighted recently.

New Appointments:

Jagdeep S. Ghuman, Jagdeep S. Ghuman appointed as EVP and CTO to lead Avis Budget Group's technology strategy and digital transformation efforts.
Patrick K. Rankin, Patrick K. Rankin appointed to Avis Budget Group's Board of Directors, bringing extensive financial and strategic expertise.

Technology (Tech Stack) used by Budget car rental

Discover the tools Budget car rental uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Budget car rental Email Formats and Examples

Email communications for Budget Car Rental corporate matters are typically handled via its parent company, Avis Budget Group. The most commonly observed email format for Avis Budget Group employees is [firstname].[lastname]@avisbudget.com. Variations may exist, but this is a standard pattern for corporate communications.

firstname.lastname@avisbudget.com

Format

jane.doe@avisbudget.com

Example

90%

Success rate

News and media

Avis Budget Group Investor RelationsMay 1, 2024

Avis Budget Group Reports First Quarter 2024 Results

Avis Budget Group announced its financial results for the first quarter of 2024, discussing revenue performance, demand trends in key global markets, and strategic initiatives related to its fleet and operational efficiency. The company highlighted continued recovery in travel demand....more

Avis Budget Group NewsroomJuly 20, 2023

Budget Car Rental Announces Partnership with Miles & More

Budget Car Rental formed a new partnership with Miles & More, Europe's leading frequent flyer and loyalty program, enabling members to earn award miles when renting with Budget in Austria, Germany, and Switzerland, enhancing value for travelers in these key European markets....more

Avis Budget Group NewsroomJune 21, 2023

Avis Budget Group on Track to Meet 2030 ESG Targets

Avis Budget Group released its 2022 Environmental, Social, and Governance (ESG) Report, detailing progress towards its 2030 sustainability goals. This includes initiatives for fleet electrification, reducing operational carbon footprint, and promoting diversity and inclusion within the company....more

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