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Fiat Chrysler Automobiles and Avis Budget Group Sign New Connected Car Agreement, Giving a More Streamlined, Self-Serve and On-Demand Rental Experience in Europe

Customers of Avis Budget Group renting FCA vehicles in Europe will soon find it easier to pick up and return their vehicles, allowing them to manage their entire rental experience digitally and enabling lock/unlock technology. More than 22,000 connected Fiat, Jeep®, Alfa Romeo, Lancia cars and Fiat Professional are projected to be added to the Avis Budget Group European fleet by the end of July 2020, with at least 8,000 digitally connected by the end of March.

Today, Fiat Chrysler Automobiles (FCA) signed a new agreement with Avis Budget Group, Inc. (NASDAQ: CAR) to connect more than 22,000 Fiat, Jeep®, Alfa Romeo, Lancia and Fiat Professional vehicles in Avis Budget Group’s European fleet.
A connected vehicle can allow Avis customers to manage their entire rental experience through the Avis mobile app, including choosing the exact vehicle they want, selecting an upgrade and extending the duration of their rental from their phones. Even returning a rental vehicle will be automated with connected technology, allowing customers to drop off their vehicles through a simple tap in the Avis app.
In addition, these connected vehicles will enable lock and unlock technology, providing a straight-to-vehicle, self-serve option for customers.
The connected FCA vehicles will provide valuable telemetry data in real time, including mileage, fuel level and updates on the mechanical condition of the car. Connectivity will also enable vehicles to get back on the road faster, giving increased availability for rental customers as Avis Budget Group fleet managers will be able to process information they need more quickly.
FCA is providing a ready-to-use telematics solution that offers a simplified and efficient way for Avis Budget Group to connect vehicles, reducing typical cost and complexity of implementing aftermarket solutions on its own.
The agreement now means that an additional 22,000 Fiat Jeep®, Alfa Romeo, Lancia and Fiat Professional vehicles in the Avis Budget Group fleet will be connected, significantly contributing towards its goal of a fully connected global fleet.

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