The deal, valued at about $2.18 billion, faces antitrust scrutiny as it reduces the largest players in the market from three to two.
Zoox started in 2014 with the vision of purpose-built, zero-emissions vehicles designed for autonomous ride-hailing, along with an end-to-end autonomy software stack.
Customers will have the opportunity to join Fair at the end of their current vehicle subscription.
Hertz CEO Kathy Marinello said investing in Dollar and Thrifty, its own value-oriented brands, allow Hertz to better compete in the premium segment.
Under the leadership of Mike Jaberi and Allen Rezapour, Fox Rent A Car will be the platform for Europcar Mobility Group’s future developments in the U.S., the world’s biggest car rental and mobility market.
Enterprise will now begin an integration process to create one of the U.K.’s largest and most diverse commercial vehicle rental businesses, with a combined fleet of more than 45,000 vehicles.
The rapidly expanding carsharing platform will now operate in seven European countries including Norway.
Headquartered in Paris, Drivy has quickly built a community of two and a half million users across Europe with a track record of local market execution and innovation.
SHB Hire operates from 16 key locations nationwide and offers a diverse fleet of over 18,500 vehicles ranging from cars, light commercial vehicles, heavy goods vehicles, golf buggies and all-terrain vehicles, 4x4s, HGV tippers, and specialist HGVs.
The San Francisco-based ride-hailing firm will pay $1.4 billion in cash and $1.7 billion in convertible notes.