Avis To Provide Rental Cars To Lyft Drivers

by Bamidele Ogunberu Posted on August 6th, 2018

Parsippany-Troy Hills, New Jersey, USA : Car rental company Avis Budget Group Inc. (CAR) has entered into a multi-year deal with ride-hailing company Lyft to provide Lyft drivers with on-demand access to its rental cars, the company announced on Monday.

Avis said it will add “thousands of vehicles” to the Lyft Express Drive program in cities across North America. The vehicles are expected to become available in the next few months.

Through this partnership, Lyft drivers will be able to reserve an Avis rental vehicle from within the Lyft app. Avis noted that the partnership will make it easier for people to drive with Lyft without the cost and burden of car ownership.

“With a global fleet of approximately 600,000 vehicles, we are well positioned to take advantage of the continued growth in the ride hailing space by providing on-demand access to a clean, safe and well-maintained vehicle for those who want to become ride hailing drivers,” said Joe Ferraro, President, Americas, Avis Budget Group.

Lyft’s Express Drive program already has similar partnerships with another car rental company Hertz Global Holdings Inc. (HTZ) and car subscription service Flexdrive.

Avis is a provider of mobility solutions through its Avis and Budget brands, which have more than 11,000 rental locations in about 180 countries around the world.

Avis already operates in the ride-sharing business through its Zipcar car-sharing network that allows people to rent cars for as little as one hour.

Waymo self-driving car unit recently said it is expanding its existing partnership with Avis. The car rental company will provide Waymos as a last-mile solution for Avis customers in Phoenix to help them pick up or drop off their rental cars.

“we are expanding our existing partnerships with AutoNation and Avis Budget Group. AutoNation, who already helps Waymo service and maintain our vehicles in Phoenix, is now making it possible for their customers to ride with Waymo technology; while customers are having their personal vehicles serviced, AutoNation will now offer them a Waymo, rather than a loaner car, to get around.

Avis Budget Group, who makes sure our vehicles are charged, refueled, and presentable for riders, will also soon provide Waymos as a last mile solution for Avis customers in Phoenix to help them pick up or drop off their rental cars, beginning with their two Chandler locations. Avis and AutoNation are ideal partners, providing different and complementary support and maintenance services to our growing fleet of self-driving cars in Phoenix over the past year and ensuring they are always ready to pick up a rider.” Waymo said in an announcement.

Alphabet Inc.’s (GOOGL,GOOG) Waymo self-driving car unit is partnering with retail giant Walmart Inc. (WMT) and four other companies in Phoenix, Arizona to expand access to its self-driving cars.

“While these are Metro Phoenix-specific partnerships today, these businesses are national and what we learn from these programs will give us a network of partners when we launch in new cities down the road,” Waymo said in a statement.

Waymo is launching two pilots with Walmart and DDR Corp. to make shopping more convenient for customers.

Later this week, Walmart and Waymo will launch a test pilot that will give early customers savings on groceries each week when they are ordered on Walmart.com. While orders are being prepared at the store, Waymo vehicles will transport customers to and from Walmart to collect their groceries.

At the Ahwatukee Foothills Towne Center in Chandler, shopping center owner DDR Corp. (DDR) will offer shoppers and diners rides in Waymo self-driving vehicles, enabling them avoid the stress of parking lots.

In another partnership with the Element Hotel in Chandler, Waymo will give select guests access to Waymo vehicles. Select guests include business travelers who need to commute to and from the office during their frequent stays.

Waymo is also expanding its existing partnerships with AutoNation Inc. (AN) and Avis Budget Group Inc. (CAR).

AutoNation will now offer customers who are having their vehicles serviced at its dealerships to ride in a Waymo, rather than a loaner car, to get around. The automotive retailer already helps service and maintain Waymo vehicles in Phoenix.

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Bamidele Ogunberu

Bamidele Ogunberu

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