Avis Budget Group and Continental Partnership Drives Mobility Forward
December 12 2017 - 9:00AM
Avis debuts new telematics solution that makes
rental experience entirely keyless
Avis Budget Group, Inc. (NASDAQ:CAR) and Continental have teamed up
to offer travelers in the Kansas City area a chance to be the first
to test the future of car rental — a completely mobile experience
that features keyless entry and ignition. Under the exclusive
agreement, select vehicles in the Avis Car Rental fleet are
equipped with Continental’s Key-as-a-Service (KaaS) technology that
empowers Avis customers to use the Avis mobile app to lock/unlock
the car and start the engine.
This new service debuts in the Kansas City area as another
aspect of Avis Budget Group’s “Mobility Lab” which comprises more
than 20 Avis Car Rental locations in the area and features a fleet
of connected vehicles. These vehicles are connected to the
Company’s fleet management platform and the Avis mobile app which
provides customers with an end-to-end next generation user
experience that offers customization, convenience and speed. The
initiative also offers operational efficiencies, serves as a test
bed for future innovation, and positions the Company for
collaboration with municipalities around the globe as they move
forward with Smart City initiatives.
“Our partnership with Continental helps us deliver the next
generation of mobility solutions and lays the foundation for
entirely keyless car rental,” said Larry De Shon, president and
chief executive officer, Avis Budget Group. “Keyless car rental not
only offers customers the ultimate in convenience and
personalization, but it also enables us to accelerate our offerings
into new markets as we continue to innovate the overall car rental
experience.”
Continental’s aftermarket KaaS technology offers scalability
across car manufacturers, vehicle models and regions and quicker
time to market with no circuitry changes or modifications in the
vehicle architecture. It includes services and hardware.
“In the evolving world of shared mobility, smartphones are fast
becoming the gateway to on-demand services,” said Ralf Lenninger,
head of intelligent transportation systems business unit,
Continental. “With our Key-as-a-Service technology for connected
cars, we are expanding our offerings in the market and enabling a
seamless mobile solution for consumers. By partnering with Avis
Budget Group, we are able to bring this innovative technology,
backed by the deep automotive know-how of Continental, to new
customers. We look forward to working with Avis Budget Group to
explore and further develop the efficiencies and future
possibilities that this solution provides.”
Avis Budget Group and Continental will demonstrate the solution
during the Consumer Electronics Show in Las Vegas on January 9-12,
2018.
About Avis Budget GroupAvis Budget Group, Inc.
is a leading global provider of mobility solutions, both through
its Avis and Budget brands, which have more than 11,000 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 ContinentalContinental develops
pioneering technologies and services for sustainable and connected
mobility of people and their goods. Founded in 1871, the technology
company offers safe, efficient, intelligent and affordable
solutions for vehicles, machines, traffic and transport. In 2016,
Continental generated sales of €40.5 billion and currently employs
more than 230,000 people in 56 countries. Information management in
and beyond the vehicle is at the very heart of the
Interior division. The product portfolio for
different types of vehicles includes: instrument clusters,
multifunctional and head-up displays, control units, access control
and tire-information systems, radios, infotainment systems, input
devices, control panels, climate control units, software, cockpits
as well as services and solutions for telematics and Intelligent
Transportation Systems. The Interior division employs more than
43,000 people worldwide and generated sales of €8.3 billion in
2016.
Contacts:
Alice Pereira
Avis Budget Group
(973) 496-3916
PR@avisbudget.com
Eva Appold
ITS Business Unit, Interior Division, Continental
+49-6196 87-2593
Eva.Appold@continental-corporation.com
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