Stellantis and SIXT in multi-billion euro deal for purchase of 250,000 vehicles

Up to 250,000 latest-generation Stellantis vehicles will be bought by SIXT for its rental fleet across Europe and North America by 2026

Autocar Pro News Desk By Autocar Pro News Desk calendar 17 Jan 2024 Views icon3307 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Stellantis and SIXT in multi-billion euro deal for purchase of 250,000 vehicles

Premium mobility service provider SIXT and the 14-brand Stellantis have announced a multi-billion euro agreement under which SIXT could buy up to 250,000 vehicles for its rental fleet in its corporate countries across Europe and North America over the next three years. First significant delivery volumes will take place as early as the first quarter of 2024 and will continue throughout the year.

SIXT rental customers will benefit from Stellantis brands including award-winning brands including Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep, Lancia, Opel, Peugeot, Ram, 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 considering 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 such as 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. Within our iconic brands, we offer a vehicle that fits practically every need, price point, and lifestyle.”

Konstantin Sixt, Co-CEO of SIXT, commented: “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 U.S., 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. As part of its Dare Forward 2030 strategic plan, Stellantis announced the ambition of reaching a 100% passenger car battery electric vehicle (BEV) sales mix in Europe and 50% passenger car and light-duty truck BEV sales mix in the United States by 2030.

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 percent electrified vehicles in Europe by 2030). This is an integral part of SIXT’s approach to environmental sustainability besides investing in its own charging infrastructure, further expanding the SIXT App into an ecosystem for sustainable mobility offers, including access to hundreds of thousands of public charging points as well as reducing the CO2 emissions generated at its own branches and sites as quickly and as far as possible.

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