Sixt SE Announces Senior Management Succession Plan
Erich Sixt to resign from Sixt management board. His sons Alexander and Konstantin Sixt will succeed him as joint chairmen of the board and co-CEOs on the group management board.
March 2, 2021
Erich Sixt to resign from Sixt management board. His sons Alexander and Konstantin Sixt will succeed him as joint chairmen of the board and co-CEOs on the group management board.
March 2, 2021
The buyers, Knighthead Capital Management and Certares Management, would take at least a majority share and as much as 100% of the company. The proposed plan would pay in full all of Hertz's existing first- and second-lien debt and provide a 70% cash recovery to general unsecured creditors.
March 2, 2021
The company says it plans to emerge from Chapter 11 bankruptcy by mid to late summer.
March 1, 2021
TSD's comprehensive system benefits all U-Save employees and licensees from corporate-level management to multi-location franchise operations, the company said.
March 1, 2021
Despite the challenging circumstances of COVID-19, Surprice Car Rentals has developed a new policy for an updated quality control of its services.
March 1, 2021
Europcar Mobility Group is planning mid- and long-term subscription services for companies and businesses. CEO Caroline Parot: “We are back in the game.”
March 1, 2021
The tool, which gives pricing and demand data for worldwide locations, reveals the significant yield management opportunity due to lower fleet volumes, said Andrew Pascoe, CEO of MarginFuel.
February 26, 2021
A survey gauging consumers' comfort levels with various modes of travel found that 38% of respondents felt "very comfortable" or "somewhat comfortable" when renting a car. Road trips leads the list, while flying internationally is at the bottom.
February 24, 2021
During Meissner's tenure as managing director for Sixt Italy, the market was able to triple its sales volume within three years.
February 24, 2021
Starting March 1, U-Save franchisees will be able to offer mobile driver’s license scanning, pickup and delivery services, contactless agreements, and e-signature capture.
February 23, 2021
The contactless car rental providers are now operational in seven markets worldwide, including Sweden, United Kingdom, United States, Poland, Greece, Finland and Martinique. The company will announce more locations in 2021.
February 17, 2021
For both carsharing operators and users, the MOQO platform can digitally map all processes necessary for sharing.
February 17, 2021
Despite historically low revenues for the fourth quarter, Avis achieved a historically high earnings margin after cutting $500 million in expenses.
February 16, 2021
Total fleet sales for the month — which is comprised of commercial, rental, and government sales — came in at 153,372, which represented a 25.5% drop from the same time last year.
February 10, 2021
Benoît Garel has taken over the position from Ron Santiago, who has been appointed managing director of Europcar Mobility Group U.K.
February 10, 2021