16 Facts About Sixt


In 1912, Martin Sixt founded the company with a fleet of three cars, creating the first car rental company in Bavaria.

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Sixt was transformed again in 1986, this time becoming Sixt AG, a corporation traded on the German stock exchange.

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Sixt AG acted thereafter as a holding company of the Group.

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Also in 1993, Sixt bought the assets of its competitor Autoverleih Buchbinder, operating the brand briefly before finally discontinuing it.

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Sixt had failed to secure the naming rights, and subsequently Buchbinder was re-established and continued operating in the market.

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Sixt had controlled de facto the pricing for the independent franchisees' prices, as they were part of the Germany-wide reservation system.

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In 2006, Sixt made a bid to take over its competitor, Europcar, when owner Volkswagen offered it for sale.

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Since 2007 and via subsidiary companies, Sixt has operated the online brokerage of motor vehicles with the websites Autocommunity Carmondo, Mystocks, RadAlert, Winebase, and autohaus24.

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In 2013, Sixt AG was converted to the legal form of a European Company and since then has been called Sixt SE.

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In May 2015, Sixt brought its subsidiary Sixt Leasing AG to the Frankfurt Stock Exchange.

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At the beginning of 2018, Sixt sold its shares in car sharing service DriveNow for 209 million euros to its joint venture partner BMW.

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In February 2019, Sixt started an own mobility platform and a new car sharing service named Sixt share.

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In 2020, Sixt sold all its shares in Sixt Leasing SE in order to focus its business on its mobility services.

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In June 2020, Sixt acquired 10 concessions at U S airports from Advantage Rent a Car.

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At end of July 2020, Lyft and Sixt announced a cooperation, where Lyft app users can rent a car from both partners through the app.

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In 2022, Sixt becomes the first car rental company in Europe to offer BYD's vehicles.

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