Avis Budget CEO says had been 'somewhat dismissive' of car sharing in the past Says now sees car sharing as complementary to traditional business. Comments made on Avis Budget Group's (CAR) conference call discussing its acquisition of Zipcar (ZIP).
Avis Budget and Southwest sign multi-year partnership marketing agreement Avis Budget (CAR) announced that it has entered into an expanded, new multi-year partnership marketing agreement with Southwest Airlines (LUV) which will enable the company to promote Avis Car Rental, Budget Car Rental and Payless Car Rental offers, products and services to Southwest customers. As part of the new agreement, Avis, Budget and Payless will have advertising placement on the Southwest Airlines website as well as merchandising placement throughout the airline reservation process. The car rental brands will also be featured on airline confirmation pages and pre-trip emails to customers.