Photo by: Bloomberg
Bidvest Car Rental, a subsidiary of Bidvest Group, would cease to operate as Budget car, van and truck rental in Southern Africa from February 28.
Bidvest had managed the Budget car, van and truck rental franchise in the Southern Africa region for more than 20 years but the parties had decided to part ways earlier this month.
Bidvest South Africa CE Lindsay Ralphs said the separation discussions followed in the spirit of the parties’ long-standing relationship.
“Both parties are fully committed to ensuring no disruption to customers and partners alike. Over the coming month, Bidvest will embark on the launch of Bidvest Car Rental, a truly and ‘Proudly South African’ domestic car and van rental business,” he added.
“This has been an amicable decision that we believe will continue to serve the needs of all our local and international customers. Both parties are fully committed to collaborating to ensure we continue to provide the same high level of service to all our customers,” Avis Budget Group Europe, Middle East and Africa commercial and licensee director Troy Warfield said.
Bidvest Car Rental CEO Paulette McGhee pointed out that the existing infrastructure, management and team, which had grown to 850 people, would remain unaffected.