Market Share of Saudi Arabia Car Rental And Leasing Industry
The Saudi Arabian car rental and leasing market is fragmented, with most of the market share held by multinational companies such as Lumi Car Rentals, SFL, Theeb Rent a Car, Hertz Corporation, Hanco Automotive, Sixt SE, and Key Car Rental.
The key players in the car leasing market are actively engaged in forming partnerships, mergers, acquisitions, and strategic collaboration to enhance their market presence and market share in Saudi Arabia. For instance,
• In November 2022, Samaco Automotive, the official Audi dealer in Saudi Arabia, signed a contract with mobility service provider Sixt Rent a Car to supply Audi e-tron vehicles beginning in 2022. The all-electric vehicles will be added to the company's fleet and made available to customers.
Saudi Arabia Car Rental And Leasing Market Leaders
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Hertz Corporation
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Hanco Automotive
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Budget Rent a Car
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Theeb Rent A Car
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Lumi Car Rentals
*Disclaimer: Major Players sorted in no particular order
