SIXT and Stellantis reach agreement to purchase up to 250,000 vehicles

SIXT and Stellantis reach agreement to purchase up to 250,000 vehicles

Up to 250,000 latest generation Stellantis vehicles will enrich SIXT’s rental fleet by 2026

Premium mobility service provider SIXT and automaker Stellantis have announced a multi-billion euro agreement under which SIXT could buy up to 250,000 vehicles for its rental fleet.

The agreement will see vehicles in its corporate countries across Europe and North America over the next three years. 

First significant delivery volumes will take place as early as this quarter and will continue throughout the year.  

SIXT rental customers will benefit from a choice of vehicles of Stellantis award-winning brands including Alfa Romeo, Citroën, Fiat, Jeep®, Peugeot, Vauxhall and Maserati. 

The deliveries to SIXT will include a variety of classes from city cars to SUVs to vans and trucks (including 7- and 9-seaters) as well as a full range of propulsion types (including battery electric vehicles) featuring the latest software and infotainment tech features.  

Specific order quantities, order compositions and delivery dates beyond the volumes that have already been planned for 2024 can be flexibly agreed between both companies, depending on fleet requirements and demand. 

Additionally, Stellantis and SIXT will also explore potential cooperation opportunities in various regions around the world including Mobilisights, Stellantis’ data as a service (DaaS) business, to provide and develop data packages for developing and licensing innovative business-to-business products, applications, and services which will be made available to SIXT. 

In the course of the deliveries by Stellantis, the number of fully connected vehicles in the SIXT rental fleet will increase significantly and thus the number of vehicles in which telemetry data, inclding fuel level and mileage, can automatically be transmitted to SIXT when a vehicle is returned. 

This will allow SIXT to streamline handling at branches, benefiting customers with even faster processing and even better vehicle availability. 

Carlos Tavares, CEO of Stellantis, said: “With today’s amazing announcement with SIXT, we deliver on our commitments to offer the customer clean, safe and affordable mobility seen now in breakthrough vehicles and technology. 

"This partnership with SIXT enables current and potential Stellantis brand customers to immerse themselves in our newest offerings with the most advanced propulsion, vehicle connectivity and thoughtful comfort. 

"It’s the ultimate test drive and a critical checkpoint for us in the upcoming years as Stellantis transforms into a sustainable mobility tech company.” 

Konstantin Sixt, Co-CEO of SIXT, said: “We are very much looking forward to welcoming a large number of exciting vehicles of iconic Stellantis brands to our fleet. 

"This agreement with a progressive, full-range partner underscores our promise to provide our customers with the best choice for all their mobility needs. 

"It enables us to accelerate our growth strategy ‘EXPECT BETTER’, after already achieving global revenue growth of almost 20 percent in the first nine months of 2023. 

"This ambition applies to European countries, but of course also to the US, the largest rental market in the world and the most important growth market for our company.” 

Both companies are dedicated to making mobility more sustainable. By purchasing Stellantis vehicles with state-of-the-art propulsion, including battery electric vehicles (BEV), the agreement also aligns with SIXT’s goal to significantly decrease the CO2 footprint of its rental fleet, including the goal of reaching a share of 70-90%electrified vehicles in Europe by 2030.