Stellantis Sells 250,000 Vehicles to Sixt in U.S. and Europe

Stellantis will sell 250,000 vehicles to car rental giant Sixt for use in the European and North American markets.

The multibillion-dollar deal will see the automaker provide its whole range of vehicles, from urban runabouts to SUVs, trucks and battery-electric vehicles, although the two companies have yet to release details of what models will be involved or exactly how much the contract will be worth.

However, the first significant delivery volumes will take place almost immediately in the first quarter of 2024 and will continue throughout the year. Rental customers will be given a choice of brands that include Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep, Lancia, Opel, Peugeot, Ram, Vauxhall and Maserati.

Larger vehicle options will include 7- and 9-seater vehicles with a full range of powertrains including BEVs in specific markets.

On top of the sales contract, both companies will explore potential cooperation in various global regions including Mobilisights, Stellantis’ data as a service (DaaS) business, supplying data packages for developing and licensing business-to-business products, applications and services.

Stellantis claims the vehicle upgrade will include its in-house telematics service providing data to improve efficiencies through monitoring of use such as mileage and fuel/battery levels for returning vehicles.

Carlos Tavares, CEO of Stellantis, says: “Within our iconic brands, we offer a vehicle that fits practically every need, price point, and lifestyle. 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, adds: “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.”