NEW DELHI, Oct 26 (Reuters) - German car rental firm Sixt hopes to win at least 10 percent of India's car rental and leasing market by 2011, an official said on Thursday.
"We are transferring the know-how of this business (to the Indian partner). In return there are certain royalties and fees on a percentage of turnover," Sixt's vice president, Rudiger Proske, said as the firm marked its formal arrival in India.
"Over the next five years we see at least 10 percent market ...
Sign in to access
this Article
"Germany's Sixt eyes 10 pct of India's car rentals" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. To obtain Premium status, please contact us.
Why Become a Premium Subscriber?
WardsAuto.com Premium subscribers have access to the full breadth of Ward’s articles, news, analysis and features as well as all the Ward’s data and statistics as soon as they are available in Excel spreadsheet format. Learn more about the benefits of Premium access here.
