SIXT share 28 Feb 2019

SIXT share: maximum flexibility and diversity / SIXT combines car rental and car sharing

  • SIXT is breaking down the barriers between car rental and car sharing: Through continuous connectivity of its international fleet and by merging car rental and car sharing products, SIXT is defining a new product category
  • SIXT share is available in Germany as of today
  • Customers will gain the freedom of flexibly returning their vehicles beyond the business areas – at over 2,200 SIXT stations worldwide
  • With SIXT share, customers will always automatically be on the way at the best price and in the car of their choice – for as long as and wherever they want
  • Nico Gabriel, Managing Director of SIXT X division: “SIXT share is another step on the path toward our goal of a fully integrated and limitless mobility.”

Pullach, 28 February 2019 – Today, SIXT has launched its car sharing offer SIXT share. Via its new SIXT app, SIXT offers its customers a highly innovative car sharing service: SIXT share will give customers the freedom to return their vehicles flexibly beyond SIXT share business areas – at over 2,200 SIXT stations worldwide and also in all business areas. The launch of the offer in other European countries is planned for the end of the year.

In contrast to other providers, SIXT connects its fleet and can therefore use vehicles flexibly in the two areas of car sharing and car rental. This removes the limits of car sharing and SIXT can flexibly offer its customers what they want – unlimited mobility. Thus, SIXT will be able to also implement its combined offer in smaller and medium-sized cities.

With SIXT share, 20 million customers profit from being able to access SIXT’s diverse fleet, which includes various manufacturers and models. Furthermore, customers can always automatically enjoy the most affordable rates thanks to an artificial-intelligence-based pricing system: They can rent SIXT vehicles for a few minutes or up to 27 days. If the minute price for the period driven exceeds the current daily price, customers automatically pay the lower daily price.

With SIXT share, SIXT is returning to a global growth market with a highly innovative product: The market research institute GMInsights expects total worldwide turnover of the car sharing market to be more than EUR 9 billion by 2024.

All in one app – the SIXT app

Customers can access SIXT share via the new SIXT app, in which SIXT has integrated its products SIXT rent, SIXT share and SIXT ride.

With the SIXT app, SIXT offers its customers a real alternative to their own car. Customers will have access to SIXT’s integrated offers of car rental, car sharing and ride services in a single app.

In addition, the app also integrates services from partners without customers having to leave the app. SIXT is thus forging a strategic alliance for mobility. In an initial step, this will take place in the area of taxi and ride hailing.

Through SIXT rent, the SIXT app becomes a digital counter. Already today, customers can select their vehicle digitally at top airports in Germany up to 30 minutes before the start of the rental period, go to the car park without making a detour to the counter and open the vehicle directly via the SIXT app.

With SIXT ride, customers can be picked up in less than 10 minutes in 250 major cities of Europe and the USA and are able to book transfers in advance in over 60 countries and 500 cities.

The new SIXT app will give customers access to Germany’s largest premium car rental fleet, Germany’s most flexible car sharing offer and a worldwide platform of taxi and ride hailing services.

About SIXT

Sixt SE with its registered office in Pullach near Munich, is a leading international provider of high-quality mobility services. With its products SIXT rent, SIXT share, SIXT ride and SIXT+ on the mobility platform ONE the company offers a uniquely integrated premium mobility service across the fields of vehicle and commercial vehicle rental, car sharing, ride hailing and car subscriptions. The products can be booked through the SIXT App, which also integrates the services of its renowned mobility partners. SIXT has a presence in more than 100 countries around the globe. The company stands for consistent customer orientation, a lived culture of innovation with strong technological competence, a high proportion of premium vehicles in the fleet and an attractive price-performance ratio. In 2023 Sixt Group achieved consolidated pre-tax earnings of EUR 464.3 million and another significant increase in consolidated revenue to EUR 3.62 billion. Sixt SE has been listed on the Frankfurt Stock Exchange since 1986 (ISIN ordinary share: DE0007231326, ISIN preference share: DE0007231334).

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