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Avis will start providing rental cars to Lyft drivers

Pretty soon your Lyft driver may be picking you up in an Avis rental car.Avis Budget Group on Monday ...

Posted: Aug 6, 2018 2:20 PM
Updated: Aug 6, 2018 2:20 PM

Pretty soon your Lyft driver may be picking you up in an Avis rental car.

Avis Budget Group on Monday will announce a partnership with the ride-sharing service to let Lyft drivers reserve a car from Avis directly through the Lyft app.

The joint venture marks the latest push by Avis to show investors and consumers that it can co-exist with services like Lyft, Uber and other ride-sharing companies. These services have grown increasingly popular as younger people decide it's not worth it to own cars.

"Enabling Lyft drivers with ease of access furthers our vision of mobility on demand for customers who need a car for short-term or long-term travel and also those entrenched in the gig economy who need a vehicle to realize success in a shifting transportation landscape," said Arthur Orduna, chief innovation officer with Avis Budget Group, in a statement exclusively to CNNMoney.

Shares of Avis Budget Group are down nearly 20% this year, and its rival Hertz has plunged almost 30% so far in 2018.

But Avis has already made some forays into the ride-sharing business.

It bought Zipcar, the company that lets people rent cars for as little as one hour, in 2012. Zipcar has a program in Boston that lets Uber drivers rent cars on a short-term basis for a discounted rate.

Related: Lyft now worth twice what it was last year

Avis also partnered with Waymo, the self-driving car subsidiary of Google owner Alphabet, to provide maintenance services for its fleet of vehicles in Phoenix.

"We have been working hard on modernizing our business," Avis CEO Larry De Shon said in an interview with CNNMoney last month.

The Avis-Lyft partnership is also the latest example of how Lyft, which has similar deals with Hertz and car subscription service Flexdrive through its Express Drive program, is looking to gain more ground on Uber, which has faced numerous PR crises and a revolving door in its executive suite.

"Our partnership with Avis Budget Group allows us to provide new and existing drivers who are seeking a reliable source of income with more quality options when choosing a vehicle," said Jon McNeill, Lyft's chief operating officer, in a statement.

Avis and Lyft said thousands of vehicles will be available for the program during the next few months in several cities across North America.

Mississippi Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 95310

Reported Deaths: 2874
CountyConfirmedDeaths
Hinds7063159
DeSoto552159
Harrison382973
Jackson345670
Madison326586
Rankin325677
Lee268368
Jones246879
Forrest245571
Washington221972
Lafayette215439
Lauderdale2044125
Bolivar182366
Oktibbeha177350
Lamar167534
Neshoba1559104
Lowndes152658
Panola146328
Sunflower144546
Warren140250
Leflore139581
Pontotoc125916
Pike123050
Monroe122168
Scott117327
Copiah117133
Coahoma115028
Holmes109558
Marshall109217
Lincoln108353
Grenada107736
Yazoo105530
Simpson102544
Union99324
Tate97637
Leake95338
Adams93037
Wayne89421
Pearl River87353
Marion85735
Prentiss84417
Covington81922
Itawamba79421
Alcorn79111
Newton76723
George76513
Tallahatchie76321
Winston73719
Tishomingo67238
Chickasaw67024
Tippah66517
Attala65425
Walthall59825
Clay58918
Clarke58145
Hancock57721
Jasper56815
Noxubee54816
Smith53114
Calhoun51312
Tunica48313
Claiborne46216
Montgomery45920
Lawrence43112
Yalobusha42814
Perry41918
Humphreys37615
Quitman3725
Stone37012
Greene36617
Jefferson Davis33911
Webster33613
Amite32510
Carroll31512
Wilkinson30318
Kemper28815
Sharkey26513
Jefferson2449
Benton2252
Franklin1923
Choctaw1816
Issaquena1043
Unassigned00

Alabama Coronavirus Cases

Confirmed Cases: 133433

Reported Deaths: 2349
CountyConfirmedDeaths
Jefferson19441349
Mobile13271291
Montgomery8778179
Madison775480
Tuscaloosa7496119
Shelby584951
Lee582961
Baldwin516550
Marshall390944
Calhoun346641
Etowah342047
Morgan325428
Houston278123
Elmore263247
DeKalb239120
Walker228483
St. Clair227837
Talladega212728
Limestone206120
Cullman188519
Dallas177426
Franklin175529
Russell17442
Autauga173825
Lauderdale168233
Colbert163626
Blount159415
Escambia158425
Jackson154611
Chilton153531
Dale135444
Covington134427
Coffee13078
Pike11879
Chambers115142
Tallapoosa114685
Clarke107717
Marion95729
Butler91339
Barbour8577
Winston73712
Marengo70820
Lowndes65327
Pickens65114
Bibb64210
Randolph63713
Hale62828
Lawrence60922
Geneva5995
Bullock59814
Cherokee59115
Monroe5818
Clay5707
Washington55613
Perry5407
Conecuh53111
Crenshaw53132
Wilcox53111
Henry4865
Macon48020
Fayette4438
Sumter43419
Lamar3632
Choctaw34612
Cleburne3396
Greene30315
Coosa1673
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