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U.S. Buoys Sixt’s Q1 Performance

U.S. Buoys Sixt’s Q1 Performance

Sixt SE managed -$16.6 million in earnings before taxes in the first quarter of 2021, with business improving sequentially. U.S. is a bright spot while Europe continues to be affected by the lockdown.

May 14, 2021

Stockholders Claim Victory in Hertz Bankruptcy Auction
Porsche Bank Launches sharetoo, Subscription Service in Europe
Bluebird, Autofleet, and ABeam Partner to Optimize, Scale One of Asia’s Largest Taxi Fleets
Hertz Posts Positive EBITDA in Q1

Hertz Posts Positive EBITDA in Q1

Hertz Global Holding’s adjusted EBITDA in the U.S. of $24 million in the first quarter of 2021 is truly a remarkable achievement.

May 9, 2021

Kyte Launches in NYC

Kyte Launches in NYC

The startup car rental platform is now available in five U.S. cities.

May 6, 2021

Maui Ranks No. 1 for Most Expensive Rental Car Rates
Enterprise Opens 100+ Locations Across the Globe

Enterprise Opens 100+ Locations Across the Globe

These investments not only support demand for safe and reliable mobility options during the COVID-19 crisis but demonstrate Enterprise’s commitment to support economies across the globe as they move out of travel restrictions.

May 6, 2021

Avis Earns $47m in Q1

Avis Earns $47m in Q1

Avis Budget Group posts its best first-quarter adjusted EBITDA since 2015, driven by double-digit growth in revenue per day in the Americas.

May 3, 2021

Hawaiian Tourists Renting U-Hauls Due to Car Rental Shortage
Car Rental Keeps Satisfaction Level Steady During Pandemic
Sixt Announces Changes to Finance Team

Sixt Announces Changes to Finance Team

As of June 1, the supervisory board is appointing Kai Andrejewski, 53, to the management board of Sixt SE to serve as the new chief financial officer.

April 23, 2021

Europcar Joins Car Subscription Marketplace

Europcar Joins Car Subscription Marketplace

FlexClub’s car subscription marketplace has managed to attract the interest of major automotive and car rental brands, with Europcar and MOTUS being the latest addition to their roster of vehicle partners.

April 23, 2021

Zeeba Announces Fleet Expansion

Zeeba Announces Fleet Expansion

Currently the startup’s vans are available to book, unlock, and drive throughout Los Angeles, San Diego, Sacramento, and Seattle.

April 23, 2021

Carwiz Continues Greece Expansion