February 8, 2017

Avis Budget Group to Supply Uber With Zipcar's Wheels When You Want Them

PARSIPPANY, N.J., Feb. 08, 2017 (GLOBE NEWSWIRE) -- Avis Budget Group (NASDAQ:CAR) has signed an agreement with Uber Technologies, Inc. to supply Uber's driver partners, and those who want to make money driving with Uber, with cars through Zipcar, the world's leading car sharing network. 

Initially launching in Boston, this program will offer people who drive with Uber a dedicated fleet of four-door sedans, available for reservation by the hour. The sedans will be equipped with Zipcar technology which will offer self-service access to qualifying vehicles and instant earning opportunities with Uber.

"As the automotive landscape evolves, technology is playing an ever-increasing role in transportation services, and we are well-positioned to meet new and evolving customer needs and demands, as evidenced by this new partnership," said Andrew Kupiec, Vice President, Local Market Operations, Avis, Budget and Zipcar. "Our quality, well-maintained vehicles, coupled with Zipcar's technology, will give Uber's driver partners wheels when they want them."

"This partnership opens the way for more people to drive when they want and earn what they need, even if they don't own a car," said Meghan Verena Joyce, Regional General Manager for Uber's East Coast Operations. "It's one more way we're helping people unlock a flexible opportunity to make money in ways that work for them."

About Avis Budget Group
Avis Budget Group, Inc. is a leading global provider of vehicle rental services, both through its Avis and Budget brands, which have more than 10,000 rental locations in approximately 180 countries around the world, and through its Zipcar brand, which is the world's leading car sharing network, with more than one million members. Avis Budget Group operates most of its car rental offices in North America, Europe and Australia directly, and operates primarily through licensees in other parts of the world. Avis Budget Group has approximately 30,000 employees and is headquartered in Parsippany, N.J. More information is available at www.avisbudgetgroup.com.

About Uber
Uber's mission is to make transportation as reliable as running water — everywhere, for everyone. We started in 2010 to solve a simple problem: how do you get a ride at the touch of a button? Six years and over two billion trips later, we've started tackling an even greater challenge: reducing congestion and pollution in our cities by getting more people into fewer cars. Follow us on Twitter: @Uber and find us on Facebook: Uber.

Contacts:  
Alice Pereira
Avis Budget Group
(973) 496-3916
PR@avisbudget.com

Carlie Waibel
Uber
(612) 990-7399	
carlie@uber.com


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