SIXT and Stellantis Reach Agreement for the Purchase of Up to 250K Vehicles, Laying the Foundation for Further Global Expansion
Portfolio Pulse from Benzinga Newsdesk
SIXT and Stellantis have entered into a multi-billion euro agreement for SIXT to purchase up to 250,000 vehicles over the next three years for its rental fleet in Europe and North America. Significant deliveries will start in the first quarter of 2024.
January 16, 2024 | 1:04 pm
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Stellantis has secured a multi-billion euro deal with SIXT for the sale of up to 250,000 vehicles, which will likely boost revenue and strengthen its market position in Europe and North America.
The agreement with SIXT represents a significant sales volume for Stellantis, which is likely to have a positive impact on the company's revenue and earnings in the short term. The deal also indicates confidence in Stellantis' product offerings and may positively influence investor sentiment.
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