Streetbeat News

SIXGF

Sixt SE

https://about.sixt.com/

Industry

General Freight Trucking, Local

Open

75.34

Mkt cap

3.2B

Volume

400

High

75.35

P/E Ratio

14.19

52-wk high

128.00

Low

75.34

Div yield

0.05

52-wk low

70.19

Europe's largest car rental company, Sixt SE, is reducing the number of Tesla Inc vehicles in its fleet due to higher repair costs and lower resale values, similar to concerns previously raised by Hertz Global Holdings Inc. Sixt still plans to electrify 90% of its European fleet by the end of the decade. Hertz, which had aimed for 25% of its fleet to be electric by 2024, is now considering purchasing EVs from other manufacturers with more established part supply networks and lower price points.

Portfolio Pulse from Anan Ashraf

December 04, 2023 | 9:53 am

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