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The global car rental giant has stuck with its entrepreneurial business model since 2007.
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The international auto rental company enters the South American market via Santiago, Chile.
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With a starting focus on operational leasing and fleet management, the company will review opportunities to include subscription products, car sharing, and a shorter-term rental business.
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The continental addition further solidifies the car rental company's global presence in a growing number of nations.
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The on-demand service announced new openings in Germany and Portugal, as well as five new cities in France, Italy, and the U.K., making Virtuo available in 100 locations across Europe.
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The partnership with National Roads & Motorists’ Association (NRMA), the largest automobile club in Australia as well as a large car rental company, gives Sixt an immediate 13% share on the continent.
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The commercial vehicle division of independent leasing company Zenith has appointed a trio of highly experienced executives. Zenith Commercial said the division now managed in excess of 50,000 commercial vehicles. Customers included firms in the food distribution, home shopping, parcel delivery, logistics, cash in transit, and construction and infrastructure-related services.
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