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Sixt SE Exceeds Expectations, Earns €78M in Q2

Sixt SE Exceeds Expectations, Earns €78M in Q2

Sixt issued a forecast for the full year for the first time since the outbreak of the pandemic, but the forecast was conditioned on assumptions that the COVID-19 pandemic stays in check, that price levels remain high, and that vehicle supply shortages won’t worsen.

July 20, 2021

Manheim: Mileage on Rental Risk Units Reach Record Highs

Manheim: Mileage on Rental Risk Units Reach Record Highs

For April, Manheim’s rental risk unit share fell to the lowest level since 2002. Rental car companies are net buyers, not sellers, of wholesale used vehicles right now, says Cox Automotive’s Jonathan Smoke.

May 11, 2021

Automaker Sales to Rental Fleets Crater
U.S. Travelers Can Now Rent from Major Car Rental Companies on Uber App
Car Rental Companies Persevere in Texas

Car Rental Companies Persevere in Texas

From sleeping at a branch to using a car as an office — despite having no power at home — car rental company employees in Texas weathered the storm to serve customers with resilience and determination.

February 21, 2021

Analysts Are Bullish on Avis

Analysts Are Bullish on Avis

Market watchers are pegging Avis Budget Group’s recent stock spike to the vaccine rollout. They cite the company’s ability to adjust fleet to demand, its solid financial position regarding fleet debt, and its success in removing $2.5 billion in costs for 2020.

December 29, 2020

Wheels Car Rental System Takes on Jerusalema Challenge - and Goes Big
Off-Rental Wholesale Sales Volume Underscores Upside Down Year
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