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Rental Fleet

Sixt Adds 2,000 Vehicles to Help Travelers Stranded by Ash Cloud

The European car rental company helps stranded air travelers by temporarily expanding its fleet by up to 2,000 vehicles. The car rental company directed these additional vehicles to airports so that stranded passengers could get to their destinations. The company said it offered customers one-way rental prices.

A New Way to Finance Rental Fleets?

With the cost of capital at a staggering 12-15 percent today, two rental car company announcements to lease fleet vehicles provide an indication as to how deals will get done moving forward.