Stellantis scored a major coup today by announcing an agreement with car rental company Sixt to supply up to 250,000 units of all the group's brands in Europe and North America by 2026.
This is why Stellantins today announces the signing of a multi-billion euro agreement with SIXT, the high-end mobility service provider, which could see it acquire up to 250,000 vehicles over the next three years for its rental fleet in the countries where it operates in Europe and North America. The first deliveries will start in the first quarter of 2024 and continue throughout the year.
SIXT customers will benefit from an attractive selection of vehicles from Stellantis' recognised brands, including Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep, Lancia, Opel, Peugeot, Ram, Vauxhall and Maserati. Deliveries to SIXT will include a variety of models, from city cars and SUVs to vans and commercial vehicles (including 7- and 9-seaters), as well as a full range of powertrains (including battery electric vehicles) with the latest software features and infotainment technologies on board.
Beyond the volumes already planned for 2024, specific orders can be flexibly agreed between the two companies depending on fleet needs and demand.
In addition, Stellantis and SIXT will explore cooperation opportunities in various regions around the world, including Mobilisights, Stellantis' Data as a Service (DaaS) business, to provide and develop data sets for the creation and licensing of innovative products, applications and services for businesses, which will be made available to SIXT. As the Stellantis deliveries continue, the number of fully connected vehicles in SIXT's rental fleet will increase significantly, and with it the number of vehicles in which telemetric data such as fuel level and mileage can be automatically transmitted to SIXT when a vehicle is returned. SIXT will be able to optimise management in the agencies, which will allow customers to benefit from even faster processing and better vehicle availability.
Carlos Tavares, CEO of Stellantis, said: "With today's announcement with SIXT, we are delivering on our commitment to provide customers with clean, safe and affordable mobility through revolutionary vehicles and technologies. With our iconic brands, we offer vehicles to suit virtually every need, price point and lifestyle. This partnership with SIXT allows current and potential Stellantis customers to immerse themselves in our new offerings with the most advanced powertrains, connectivity and comfort. This is a fundamental vehicle test and an important checkpoint for us in the coming years as Stellantis transforms into a sustainable mobility technology company. "
For his part, Konstantin Sixt, Co-CEO of SIXT, says: "We look forward to welcoming a large number of exciting vehicles from the iconic Stellantis brands to our fleet. This agreement with an innovative partner underlines our promise to offer our customers the best choice for all their mobility needs. It allows us to accelerate our 'EXPECT BETTER' growth strategy, which has already seen global revenue growth of almost 20% 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. "
By purchasing Stellantis vehicles with advanced powertrains, including battery electric vehicles, the agreement is also in line with SIXT's goal to significantly reduce the CO2 footprint of its rental fleet (including the goal of achieving a 70-90% share of electrified vehicles in Europe by 2030). This is an integral part of SIXT's environmental approach, alongside investment in its own charging infrastructure.
This is therefore a major achievement for Stellantis, which will be able to deliver up to 250,000 cars to SIXT, giving more people the opportunity to get behind the wheel of the group's vehicles, which they may then be attracted to and want to buy. It is also a great opportunity for each of the Group's brands, including Citroën, to make their vehicles more visible and therefore more interesting to consumers, which bodes well for the years to come.