Old-school rental-car agencies may have a road map to prosper in the age of self-driving taxis after all.
Avis Budget Group Inc agreed to manage a fleet of 600 self-driving Chrysler minivans for Alphabet Inc’s Waymo autonomous technology division. In addition, Hertz Global Holdings Inc will lease Lexus sport-utility vehicles to Apple Inc, which will convert them to self-driving cars, said people familiar with the matter.
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