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Auto Finance Sponsored by Auto Finance News Stellantis signs agreement with rental firm SIXT to deliver 250,000 vehicles Published: 17th January 2024 Share Vehicle rental company SIXT and automaker Stellantis have struck a multi-billion euro agreement under which SIXT could buy up to 250,000 vehicles. The vehicles will be deployed in rental fleets across Europe and North America over the next three years, with deliveries beginning as early as the first quarter of 2024. Carlos Tavares, CEO of Stellantis, said, “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.” Stellantis vehicles available to SIXT will include models from 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 seven and nine-seaters) as well as a full range of fuel types including battery electric vehicles. While no details were announced as to volumes expected this year, Stellantis said that 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. Konstantin Sixt, Co-CEO of SIX, 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.” 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. In the course of the deliveries by Stellantis, the number of fully connected vehicles in the SIXT rental fleet will increase significantly. With telemetry data such as fuel level and mileage automatically being transmitted to SIXT when a vehicle is returned, this will allow SIXT to streamline handling at branches benefiting customers with faster processing and better vehicle availability. The agreement also aligns with SIXT’s goal to significantly decrease the CO2 footprint of its rental fleet, reaching a share of 70-90 percent electrified vehicles in Europe by 2030. Lisa Laverick Editor - Asset Finance Connect Sign up to our newsletter Featured Stories NewsToyota cuts 2026 global EV output plans by a third NewsVan market ends summer with a return to growth NewsAugust new car market holds steady Auto Finance