E-hailers, Covid-19 push car-rental industry to the ropes
Most car-rental companies derive the bulk of their revenue from airport locations, so limited airport operations severely affect their bottom line
08 June 2020 - 18:34
The car-hire industry, which contributes about R6bn to SA’s economy annually, is on the ropes as Covid-19 travel restrictions continue to bite.
The sector is directly responsible for about 15,000 jobs, and thousands more across the value chain which includes vehicle sales, insurance, repairs and maintenance...
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