Sixt and Stellantis sign delivery agreement

In the coming three years, car rental company Sixt wants to add up to 250,000 vehicles from the Stellantis Group to its fleet across Europe and North America. The first cars will be delivered this quarter, and an undisclosed number will have an electric drive.

It is unclear how many battery-electric cars exactly are included in the purchase. The media statement only mentions that deliveries will cover various vehicle classes, from city cars and SUVs to vehicles from the van and truck segment (including 7- and 9-seaters), as well as all drive types.

The agreement has a total value of several billion euros. It includes vehicles from Stellantis brands such as Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep, Lancia, Opel, Peugeot, Ram, Vauxhall and Maserati.

However, Sixt also points out that both companies “are dedicated to making mobility more sustainable.” Stellantis wants to sell EVs only in Europe from 2030. In North America, BEV will make up 50 per cent of sales by that date. Sixt wants to electrify 70-90 per cent of it fleet by 2030.

A first batch of vehicles will be handed over before the end of March. And deliveries will continue throughout the year.

“We are not planning to buy Stellantis vehicles as an alternative, but as a supplement to vehicles from other manufacturers,” said a company spokesperson. The fleet will continue to consist of many vehicles from other manufacturers – with a high proportion from BMW, Mercedes-Benz and Audi,” a company spokesperson told the German Manager Magazin.

In December 2023, Sixt announced it would phase out Tesla electric cars. Apparently, the resale value of EVs is not good enough, especially for Tesla. Moreover, the manufacturer’s strategy of frequently changing sales prices makes any residual value forecast extremely difficult, Sixt said at the time.

sixt.com, stellantis.com, manager-magazin.de (in German)