DGAP-News

SIXT extends management board to include the new Van & Truck division and ramps up its international growth strategy - Seite 2

Erich Sixt, chairman of the board, Sixt SE: "As one of the world's most successful mobility providers, we aim to become a market leading player in the European Van & Truck rental business in the long term, while cornering relevant market shares in the USA in the medium term. We are looking forward to working with Daniel Marasch and together we will do our utmost to achieve this goal. By establishing the Van & Truck management division, SIXT is creating the necessary entrepreneurial scope to focus on the division's global expansion - on an equal footing with the successful mobility sector. SIXT is also responding to the increasing importance of the Van & Truck product sector, which has proved to be a stable, strong-selling constant in our mobility portfolio, especially during the Covid-19 crisis."

Van & Truck rental market promises high growth potential
In recent years, SIXT has recorded steady, profitable growth in the Van & Truck sector, and in the German-speaking world, it has established itself as one of the leading rental companies for vans and trucks under 7.5 tons. SIXT identifies huge potential in this sector in the upcoming years, and given the booming online business, expects a continued rise in demand for commercial vehicles to deliver parcels. SIXT offers its logistics customers vehicles for this purpose with a high degree of flexibility. Depending on the period of use, a wide selection of brands can be hired flexibly at short notice from more than 800 Van & Truck stations worldwide.

In addition, SIXT aims to significantly improve the customer experience by seamlessly digitalising the Van & Truck rental business. With its ONE mobility platform and smart vehicle connectivity via telematics, SIXT is ahead of the curve and offers the ideal infrastructure to let customers enjoy fully digitalized and therefore highly flexible renting and use of vans and trucks in the future.

Konstantin Sixt, Chief Sales Officer, Sixt SE: "In recent years, the Van & Truck product sector has become the hidden champion of our product portfolio. We identify a huge sales potential in this area - in Germany, and more so in our international markets. By digitalising rental, we aim to improve the use experience for our customers significantly. As we see it, our ONE mobility platform, the highly digitised processes and our determination to grow are the ideal prerequisites for cornering the relevant market shares."