NRMA previously operated as a Thrifty franchise, but each location will change its flag to Sixt. The German company previously franchised to smaller providers in Australia but now has dissolved each of those relationships for an exclusive deal with NRMA, which also provides tourism services to customers.
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Founded in the USA in 1957, Enterprise is the world's largest car rental company, serving globally, with almost 10.000 offices in almost 100 countries.
That is because the shortage of semiconductor chips that has held up auto manufacturing persists, leaving rental car companies to operate with lower inventory after they sold off chunks of their fleets in the early days of the pandemic. Building that stock back up has been more difficult than expected.
Hertz, which started with a fleet of a dozen Ford Model T's a century ago and became one of the world's largest car rental companies, filed for bankruptcy protection on Friday after falling victim to its mountain of debt.