German Car-Rental Company Sixt Seizes Opportunity in U.S. - News Summed Up

German Car-Rental Company Sixt Seizes Opportunity in U.S.


As the coronavirus pandemic has crushed the car-rental industry, Germany’s Sixt SE is seeking to accelerate its expansion in the U.S. The parent company of Sixt Rent-a-Car, which specializes in premium vehicles and is Germany’s largest car-rental company by market share, acquired concessions at 10 U.S. airports from the parent company of Advantage Rent a Car in a bankruptcy sale earlier this month.


Source: Wall Street Journal July 19, 2020 12:00 UTC



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