Sixt: U.S. Segment Drove Q2 RevenueBy Dawit HabtemariamSecond-quarter revenue for car rental company and mobility provider Sixt totaled €498.1 million, up 120.6 percent year over year and down 20 percent... KEEP READING
Hertz: Demand Steady Despite Covid-19 VariantBy Dawit HabtemariamCar rental demand has held steady even as the Covid-19 delta variant has spread, Hertz Global Holdings president and CEO Paul Stone noted in... KEEP READING
Avis Budget: Variant Isn't Handicapping BookingsBy Dawit HabtemariamThe Covid-19 delta variant has not negatively impacted Avis Budget Group's quarterly bookings, company executives Wednesday said during a second-quarter... KEEP READING
Hertz Completes Chapter 11 Restructuring ProcessBy Dawit HabtemariamHertz Global Holdings has completed its Chapter 11 restructuring process, the car rental company announced Wednesday. ... KEEP READING
U.S. Commerce Secretary Calls Corp. Travel Restart 'Top Priority,' Details FewBy Chris DavisU.S. Secretary of Commerce Gina Raimondo on Wednesday said that restarting business and international travel was a "top priority" of the federal... KEEP READING
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