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