Parsippany-based Avis Budget Group Inc. announced a multiyear deal with Lyft, a ride hailing company, in which Avis will add thousands of vehicles to the Lyft Express Drive program in cities throughout the United States.
The deal, Avis said, will make it easier for people to work for 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. “We look forward to working with Lyft to address the growing demand for transportation in key markets, and to further leveraging our assets.”
“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, chief operating officer at Lyft. “And as more drivers decide to give up their own cars, they can continue to earn with Lyft as we expand the Express Drive program.”
Through the partnership, Lyft drivers will be able to reserve an Avis rental car from the Lyft app. Vehicles are expected to be available in the next few months.