Budget Rent a Car Begins Operations in Germany
4 October 1999
Budget Rent a Car Begins Operations in GermanyBudget Celebrates New Openings with Lufthansa Miles & More Bonus Miles and Special Rate Offers LISLE, Ill., Oct. 1 -- Budget Rent a Car International, Inc., a subsidiary of Budget Group, Inc. , announced today its first vehicle rental operations in Germany under the exclusive Budget trademark. Twelve key locations officially opened today at the following airports in Germany: Berlin (Tegel and Tempelhof), Bremen, Cologne, Dresden, Dusseldorf, Frankfurt (Terminals 1 and 2), Hamburg, Hanover, Leipzig and Stuttgart. Budget also has established temporary operations at Munich airport, until the site is completed later this month. A further airport location is scheduled to open at Nuremberg airport on Nov. 1, 1999. Downtown locations also open today in Munich and Giessen. By the end of 1999, Budget plans to operate approximately 49 car rental locations, including the 13 main airports. "We are pleased to have established such a strong immediate presence in such a short period of time at all the major international airports in Germany," stated Sandy Miller, chairman and CEO, Budget Group, Inc. "Between them, these airport locations will represent 90 percent of Budget's in-bound business. We will now concentrate our efforts on opening major downtown and railway locations." Budget plans to operate a balanced mix of corporate and licensee locations throughout the country. By the end of the year 2000, the goal is to have approximately 180 corporate and licensee rental locations in operation. The Budget WorldClass fleet in Germany, supported by 24-hour emergency roadside assistance, is comprised of Mercedes, Ford, Volvo and Mitsubishi models. The most coveted model offered is the Mercedes CLK coupe. Apart from standard cars, there are minivans and passenger vans. From now until Dec. 31, 1999, the Mercedes A Class is being offered at the special rate of DM88 (USD47*), per day in a joint Lufthansa Miles & More promotion. The rate includes unlimited mileage, CDW, theft protection and local taxes. Throughout the remainder of 1999, Lufthansa Miles & More frequent flyer members will qualify for double (1,000 miles for 1 and 2-day rentals) and triple (1,500 miles for rentals of 3 days and more) mileage awards when renting an A, C or E Class Mercedes in Germany. In addition, every month until the end of the year, there will be a free prize drawing with one member winning 50,000 bonus miles and two members winning 30,000 bonus miles. All Budget rentals in Germany are eligible for the drawing. Details of these promotions are available by calling Budget reservations. Budget Deutschland GmbH's new headquarters are located at Max-Planck-Strasse 20, 63303 Dreiech, Germany. Budget Deutschland Reservations: 0180-5-24-43-88. Budget Rent a Car, a wholly owned subsidiary of Budget Group, Inc. , is one of the world's top three car and truck rental systems. The Budget system, which operates under the same name worldwide, has more than 2,900 airport and local market locations in over 120 countries and territories. Budget has nearly 1,000 corporate-owned and franchised locations throughout the Europe, Middle East and Africa region. Around the world, Budget differentiates itself in the industry through its "out of the ordinary" products and services. *exchange rate may vary