Transportation
Lyft has adde car rentals to its platform.
The Lyft app now offers: bikes, scooters, rideshare, transit, & car rentals
The partnership that brought car rentals to Lyft: Sixt
What does ride share bring to the car rental industry: demand algorithms & consumer-engagement expertise
What does Sixt bring: a fleet, fleet management to facilitate scaling
Why is this important in more ways than ride share, car rentals, & their respective regulation and taxation? Because it represents the future: a front facing industry based on data, algorithms, and customer engagement (new business) with a traditional business (old business) like car rentals. That partnership will be cloned repetitively in the new normal.
Auto Rental News | What the Lyft-Sixt Deal Could Mean to Car Rental and Mobility
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