How Avis-Waymo Partnership Will Impact the Future of AVs

  • Emma Sandler
  • June 29, 2017
Earlier this week two national car rental agencies partnered up with two of the biggest tech companies in the United States, potentially marking a definitive change in the autonomous vehicle market. On Monday, Avis Budget Group and Waymo said they would be non-exclusive partners in Phoenix, Ariz., where Waymo is currently testing self-driving vehicles through its […]

How Rideshares Will Blend Into OEMs When Autonomous Cars Go Mainstream

  • Diana Asatryan
  • June 1, 2017
No doubt, 2017 is the year of autonomous. Major carmakers are not only testing driverless cars, but are beginning to deploy shuttle-like autonomous ridesharing services in closed environments. Ford Motor Co., for example, vowed to have its first batch of autonomous shared shuttles available on Ford factory campuses next year. It will also launch a […]

Avis Offloads Older Fleet by Selling Used-Cars to Ride-Hail Drivers

  • Emma Sandler
  • May 5, 2017
Avis Budget Group started selling used vehicles to ride-hailing drivers in the first quarter as a strategy to offload its older fleet, David Wyshnerto, president and chief financial officer, said on the company’s earnings call yesterday. “We benefited from selling more of our used cars through alternative disposition channels,” Wyshner said. “We’ve expanded our direct-to-dealer and direct-to-consumer networks […]